X0202 4 2003-11-25 0000912603 SCHNITZER STEEL INDUSTRIES INC SCHN 0000937952 FURMAN WILLIAM A ONE CENTERPOINTE DRIVE SUITE 200 LAKE OSWEGO OR 97035-8612 1 0 0 0 Class A Common Stock 2003-11-25 4 P 0 3 47.95 A 7569 I See Note Class A Common Stock 2004-02-26 4 P 0 4 44.15 A 7573 I See Note On August 14, 2003, the Class A Common Stock split 2-for-1, resulting in the reporting person's ownership of 3,783 additional shares of Class A Common Stock. All amounts on this Form 4 are as of the date of the reported transaction and do not reflect the 3-for 2 stock split effected on March 25, 2004. As a result of that stock split, the reporting person's ownership increased to 11,359 shares of Class A Common Stock. Shares are held by James-Furman & Company, a partnership in which the reporting person holds a 50% partnership interest. Shares reported on this Form 4 include 100% of the shares owned by the partnership. Ilene Dobrow Davidson, Attorney-in-Fact 2005-10-18