Edgar Filing: SCHNITZER STEEL INDUSTRIES INC

Definitive Additional Materials

SCHEDULE 14A INFORMATION

PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE

SECURITIES EXCHANGE ACT OF 1934

Filed by the Registrant x

Filed by a Party other than the Registrant ¨

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Preliminary Proxy Statement

Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

Definitive Proxy Statement

Definitive Additional Materials

Soliciting Material Pursuant to Section 240.14a-12

Schnitzer Steel Industries, Inc.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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x	No fee required.

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		Shareowner Services^SM P.O. Box 64945 St. Paul, MN 55164-0945		COMPANY #


				SCHNITZER STEEL INDUSTRIES, INC. ANNUAL MEETING OF SHAREHOLDERS Wednesday, January 27, 2010 8:00 a.m. Multnomah Athletic Club 1849 SW Salmon Street Portland, Oregon 97205

If you would like to vote in person at the

Annual Meeting, bring your proxy card, along with

appropriate identification, to the Multnomah Athletic

Club on the day of the meeting.

Notice is hereby given that the Annual Meeting of Shareholders of Schnitzer Steel Industries, Inc. will be held at

1849 SW Salmon Street, Portland, Oregon on Wednesday, January 27, 2010 at 8:00 a.m.

Important Notice Regarding the Availability of Proxy Materials for the

Shareholder Meeting to be Held on January 27, 2010.

1.	This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. We encourage you to access and review all of the important information contained in the proxy materials before voting.


2.		The Proxy Statement and Annual Report are available at		www.ematerials.com/schn

3.	If you want to receive a paper copy or e-mail copy of these documents, you must request one. There is no charge to you for requesting a copy. Please make your request for a copy as instructed on the reverse side of this notice on or before January 14, 2010 to facilitate timely delivery.

Matters intended to be acted upon at the meeting are listed below.

The Board of Directors recommends that you vote FOR all nominees in Item 1 and FOR the proposal in Item 2:


1. Election of five Directors
01 David J. Anderson		04 Scott Lewis
02 Willliam A. Furman		05 Wayland R. Hicks
03 William D. Larsson

2. Re-approval and amendment of the Executive Annual Bonus Plan.

You may immediately vote your proxy on the Internet at:


		www.eproxy.com/schn



—		Use the Internet to vote your proxy 24 hours a day, 7 days a week, until 12:00 p.m. (CT) on January 26, 2010.
—		Please have this Notice and the last four digits of your Social Security Number or Tax Identification Number available. Follow the instructions to vote your proxy.

Your Internet vote authorizes the Named Proxies to vote your shares in the same manner as if you marked, signed and returned your proxy card.

To request paper copies of the proxy materials, which include the proxy card,

proxy statement and annual report, please contact us via:


		Internet – Access the Internet and go to www.ematerials.com/schn. Follow the instructions to log in, and order copies.

		Telephone – Call us free of charge at 866-697-9377 in the U.S. or Canada, using a touch-tone phone, and follow the instructions to log in and order copies.

		Email – Send us an email at ep@ematerials.com with “Schn Materials Request” in the subject line. The email must include:
		—		The 3-digit company # and the 11-digit control # located in the box in the upper right hand corner on the front of this notice.
		—		Your preference to receive printed materials via mail -or- to receive an email with links to the electronic materials.
		—		If you choose email delivery you must include the email address.
		—		If you would like this election to apply to delivery of material for all future meetings, write the word “Permanent” and include the last 4 digits of your Tax ID number in the email.