Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Zelenka Thomas F
2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2005
3. Issuer Name and Ticker or Trading Symbol
SCHNITZER STEEL INDUSTRIES INC [SCHN]
(Last)
(First)
(Middle)
3200 NW YEON AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP-Environmental & Public Aff.
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

PORTLAND, OR 97210
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Option to Buy   (2) 06/01/2010 Class A Common Stock 2,400 (1) $ 4.6667 D  
Option to Buy   (3) 06/01/2011 Class A Common Stock 8,040 (1) $ 4.5 D  
Option to Buy   (4) 06/01/2012 Class A Common Stock 3,780 (1) $ 6.6667 D  
Option to Buy   (5) 06/01/2013 Class A Common Stock 3,960 (1) $ 12 D  
Option to Buy   (6) 06/01/2014 Class A Common Stock 1,900 (1) $ 28.1 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Zelenka Thomas F
3200 NW YEON AVENUE
PORTLAND, OR 97210
      VP-Environmental & Public Aff.  

Signatures

John D. Carter, Attorney-In-Fact 10/20/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) All amounts on this Form 3 give effect to a 3-for 2 stock split effected on March 25, 2004 and a 2-for-1 stock split effected on August 14, 2003.
(2) The option was granted for 12,000 shares on 6/1/00 and became exercisable for 20% of the shares on each of the first five anniversaries of the grant date.
(3) The option was granted for 12,000 shares on 6/1/01 and became exercisable for 1/3 of the shares after 12 months from the grant date, 2/3 of the shares after 24 months from the grant date and 100% of the shares after 30 months from the grant date.
(4) The option was granted for 6,300 shares on 6/1/02 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the grant date.
(5) The option was granted for 4,950 shares on 6/1/03 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the grant date.
(6) The option was granted for 1,900 shares with a vesting reference date of 6/1/04 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the vesting reference date.

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