As filed with the Securities and Exchange Commission on October 11, 2002 Registration No. 333-_____ ================================================================================ SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------ FORM S-8 REGISTRATION STATEMENT Under THE SECURITIES ACT OF 1933 ------------ SCHNITZER STEEL INDUSTRIES, INC. ------------------------------------------------------ (Exact name of registrant as specified in its charter) OREGON 93-0341923 ----------------------------- --------------- (State or other jurisdiction (IRS Employer of incorporation or organization) Identification No.) 3200 NW YEON AVE., PO BOX 10047 PORTLAND, OREGON 97210 ---------------------- ---------- (Address of Principal (Zip Code) Executive Offices) ------------ SCHNITZER STEEL INDUSTRIES, INC. 1993 STOCK INCENTIVE PLAN ---------------------------------------------------------- (Full title of plan) ------------ Barry A. Rosen Vice President-Finance and Treasurer Schnitzer Steel Industries, Inc. 3200 NW Yeon Ave., PO Box 10047 Portland, OR 97210 --------------------------------------- (Name and address of agent for service) Telephone number, including area code, of agent for service: (503) 224-9900 Copy to: Stuart W. Chestler Stoel Rives LLP 900 SW Fifth Avenue, Suite 2300 Portland, Oregon 97204-1268 ================================================================================ CALCULATION OF REGISTRATION FEE ================================================================================ Proposed Proposed Maximum Maximum Amount Amount Offering Aggregate of Regis- Title of Securities to Be Price Per Offering tration to Be Registered Registered Share (1) Price (1) Fee ----------------- ---------- --------- ----------- --------- Class A Common Stock, 1,200,000 $17.85 $21,420,000 $1,971 $1.00 par value Shares ================================================================================ (1) The proposed maximum offering price per share and the proposed maximum aggregate offering price are estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) under the Securities Act of 1933. The calculation of the registration fee for the shares to be registered is based on $17.85, which was the average of the high and low prices of the Class A Common Stock on October 10, 2002 as reported on Nasdaq. PART II INFORMATION REQUIRED IN THE REGISTRATION STATEMENT Item 3. Incorporation of Documents By Reference. ---------------------------------------- This Registration Statement incorporates the contents of the Registrant's Registration Statement on Form S-8, Registration No. 333-21895. Item 8. Exhibits. -------- 5.1 Opinion of Stoel Rives LLP. 23.1 Consent of PricewaterhouseCoopers LLP. 23.2 Consent of Stoel Rives LLP (included in Exhibit 5.1). 24.1 Powers of Attorney. II-1 SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Portland, state of Oregon on October 11, 2002. SCHNITZER STEEL INDUSTRIES, INC. By /s/ BARRY A. ROSEN -------------------------------- Barry A. Rosen, Vice President - Finance and Treasurer Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below by the following persons in the capacities indicated on October 11, 2002. SIGNATURE TITLE --------- ----- *ROBERT W. PHILIP President, Chief Executive Officer and ----------------------- Director Robert W. Philip (Principal Executive Officer) /s/ BARRY A. ROSEN Vice President-Finance and Treasurer ----------------------- (Principal Financial Officer) Barry A. Rosen *KELLY E. LANG Vice President-Corporate Controller ----------------------- (Principal Accounting Officer) Kelly E. Lang *CAROL S. LEWIS Director ----------------------- Carol S. Lewis *SCOTT LEWIS Director ----------------------- Scott Lewis *KENNETH M. NOVACK Director ----------------------- Kenneth M. Novack *JEAN S. REYNOLDS Director ----------------------- Jean S. Reynolds *DORI SCHNITZER Director ----------------------- Dori Schnitzer II-2 *GARY SCHNITZER Director ----------------------- Gary Schnitzer *LEONARD SCHNITZER Director ----------------------- Leonard Schnitzer *ROBERT S. BALL Director ----------------------- Robert S. Ball *WILLIAM A. FURMAN Director ----------------------- William A. Furman *RALPH R. SHAW Director ----------------------- Ralph R. Shaw *By /s/ BARRY A. ROSEN -------------------------------- Barry A. Rosen, Attorney-in-fact II-3 EXHIBIT INDEX EXHIBIT NUMBER DOCUMENT DESCRIPTION ------ -------------------- 5.1 Opinion of Stoel Rives LLP. 23.1 Consent of PricewaterhouseCoopers LLP. 23.2 Consent of Stoel Rives LLP (included in Exhibit 5.1). 24.1 Powers of Attorney.