X0303 4 2010-12-22 0000912603 SCHNITZER STEEL INDUSTRIES INC SCHN 0001249508 ROMAIN GAYLE S 3200 NW YEON AVENUE PORTLAND OR 97210 0 0 1 0 Class A Common Stock 450 I See Note Class A Common Stock 450 I See Note Class A Common Stock 33500 I By Trust Class A Common Stock 2010-12-22 4 S 0 100 65.84 D 36205 I By Trust Class A Common Stock 2010-12-22 4 S 0 449 65.85 D 35756 I By Trust Class A Common Stock 2010-12-22 4 S 0 190 65.86 D 35566 I By Trust Class A Common Stock 2010-12-22 4 S 0 100 65.89 D 35466 I By Trust Class A Common Stock 2010-12-22 4 S 0 10 65.90 D 35456 I By Trust Class A Common Stock 2010-12-22 4 S 0 100 65.92 D 35356 I By Trust Class A Common Stock 2010-12-22 4 S 0 100 65.93 D 35256 I By Trust Class A Common Stock 2010-12-22 4 S 0 600 65.94 D 34656 I By Trust Class A Common Stock 2010-12-22 4 S 0 700 65.95 D 33956 I By Trust Class A Common Stock 2010-12-22 4 S 0 400 65.97 D 33556 I By Trust Class A Common Stock 2010-12-22 4 S 0 151 65.98 D 33405 I By Trust Class A Common Stock 2010-12-22 4 S 0 400 65.99 D 33005 I By Trust Class A Common Stock 2010-12-22 4 S 0 600 66.00 D 32405 I By Trust Class A Common Stock 2010-12-22 4 S 0 100 66.02 D 32305 I By Trust Class A Common Stock 2010-12-22 4 S 0 200 66.06 D 32105 I By Trust Class A Common Stock 2010-12-22 4 S 0 600 66.07 D 31505 I By Trust Class A Common Stock 2010-12-22 4 S 0 200 66.08 D 31305 I By Trust Class B Common Stock Class A Common Stock 140000 140000 I By Voting Trust Class B Common Stock Class A Common Stock 203860 203860 I By Voting Trust Class B Common Stock Class A Common Stock 10389 10389 I By Voting Trust Represents shares held by Paul Romain, the spouse of reporting person, as Custodian under the Oregon Uniform Transfers to Minors Act F/B/O Danielle Romain. Represents shares held by Paul Romain, the spouse of reporting person, as Custodian under the Oregon Uniform Transfers to Minors Act F/B/O Mikhael Romain. Voting trust certificates or shares, as the case may be, are held by Gayle S. Romain and Rita S. Philip, Trustees of Gayle S. Romain Family Trust U/A/D July 2, 2003. (the "Gayle Trust"). Voting trust certificates or shares, as the case may be, are held by Dina S. Meier, Eric Meier and Gayle S. Romain, Trustees of the Dina S. Meier Revocable Trust dated July 12, 2004 FBO Dina S. Meier. Shares are held by Gayle S. Romain, Trustee for Gayle S. Romain, et al, under Trust Agreement dated January 30, 1970. Class B Common Stock is immediately convertible on a one-for-one basis into Class A Common Stock and has no expiration date. Voting trust certificates or shares, as the case may be, are held by Gayle S. Romain, Family Trustee, and Mardi S. Schnitzer, Independent Trustee, U/A/D December 22, 1994 F/B/O Laura H. Rosencrantz. Richard C. Josephson, Attorney-In-Fact 2010-12-27