Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc.
Industry
About Schnitzer Steel Industries, Inc.
Schnitzer Steel Industries, Inc., now known as Radius Recycling, Inc., is a leading company in the recycling and steel manufacturing industry. Established in 1906 by Sam Schnitzer, the company has grown into a global leader in metals recycling through a combination of organic investments and acquisitions.
It provides state-of-the-art processing, manufacturing, and information technologies. The company operates a vast network of recycling facilities across the United States, Canada, and Puerto Rico.
This network includes 103 recycling facilities and seven deep-water ports on both U.S. coasts, Hawaii, and Puerto Rico. This extensive system enables efficient delivery of processed scrap metals to steel mills and foundries worldwide.
Services and Operations
Radius Recycling's services encompass recycling of vehicles, rail cars, home appliances, industrial machinery, and various forms of scrap metal.
The company processes both ferrous and nonferrous metals, producing recycled ferrous metal used as feedstock in finished steel products. Nonferrous products include aluminum, copper, stainless steel, nickel, brass, titanium, lead, and high-temperature alloys.
In addition to recycling, Radius Recycling operates the Pick-n-Pull chain of self-service auto parts stores. Consumers can obtain auto parts from scrapped vehicles through this chain.
The company also owns Cascade Steel Rolling Mills in McMinnville, Oregon, with an annual production capacity of 700,000 tons of finished steel products. These products include concrete reinforcing bar, wire and coiled web, and fence posts.
Recent Developments
In July 2023, the company changed its name to Radius Recycling, Inc., reflecting an expanded focus on recycling and steel manufacturing. In March 2025, Toyota Tsusho Corporation, a Japanese company, acquired Radius Recycling for $1.3 billion.
Commitment to Sustainability
Radius Recycling's commitment to sustainability is evident in its recycling efforts that conserve energy and reduce environmental impact.
The company plays a significant role in the circular economy by providing recycled materials used for new goods production.
Locations
Radius Recycling operates several facilities across the United States, including:
- Salinas, CA
- Columbus, GA
- Fresno, CA
The company's headquarters are located at 222 SW Columbia St, Suite 1150, Portland, Oregon, 97201.