The company was acquired by Toyota Tsusho in July 2025. Radius has been recognized as a World's Most Ethical Company by Ethisphere for the 10th year in a row. In fiscal 2024, Radius' 4.9 million metric tons of ferrous and nonferrous sales volumes helped to avoid approximately 5.5 million metric tons of CO2e emissions.
Cyborg Score Rationale
Radius operates as a market-leading integrated metals recycler with 100+ facilities, strong environmental credentials, and recent strategic acquisition by Toyota Tsusho. However, fiscal 2024 faced headwinds from constrained scrap generation and elevated Chinese steel exports that compressed margins significantly.
Top Insights
Market conditions for recycled metals and finished steel were challenging during fiscal 2024, with constrained scrap generation due to low manufacturing activity and elevated Chinese steel exports dampening global demand.
The company changed its name to Radius Recycling in July 2023, rebranding from Schnitzer Steel Industries.
The company has 103 recycling facilities including the Pick-n-Pull auto parts recycling chain with 50 locations and 53 metals recycling facilities.
Radius has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico.
Named Competitors
Cliffs Natural Resources — Steel and iron ore producer
Nucleon — Steel and scrap metal recycler
Sims Metal Management — Global metal and electronics recycler
Pick-n-Pull — Auto parts recycling chain
Recent Developments
(July 2025) Acquired by Toyota Tsusho in strategic transaction
(Fiscal 2024) Achieved greenhouse gas emissions reduction target two years ahead of schedule
(January 2024) Changed corporate name from Schnitzer Steel Industries to Radius Recycling
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