Radius Recycling
Radius Recycling is a North American metal recycler operating 100+ processing sites across the U.S. and Canada, processing ~11 million tonnes of ferrous and non-ferrous scrap annually for industrial manufacturers, construction, automotive, and electronics customers. Now a wholly owned subsidiary of Toyota Tsusho America following a $1.34 billion acquisition in July 2025.
- Company typePrivate
- Founded1906
- HeadquartersPortland, United States
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Radius Recycling does
Radius Recycling, formerly Schnitzer Steel Industries, is a North American metal recycling company headquartered in Portland, Oregon, founded in 1906. The company operates over 100 processing sites across the United States and Canada, running large-scale metal shredding facilities that collect, process, and distribute recycled ferrous and non-ferrous metals sourced from scrap dealers, end-of-life vehicles, construction materials, and industrial waste. Its core service offering spans ferrous and non-ferrous scrap processing, end-of-life vehicle dismantling, and emerging electric vehicle battery collection, with combined throughput of approximately 11 million tonnes of recycled material per year through the Toyota Tsusho network. Customer segments include industrial manufacturers, the construction sector, automotive OEMs and dismantlers, and electronics manufacturers, each served through direct B2B relationships rather than channel intermediaries.
Radius generates revenue on a transaction-based, commodity-linked pricing model, where buyers are quoted per material specification and prices fluctuate with global steel, aluminum, copper, and other metals markets. The go-to-market is enterprise field sales targeting industrial buyers in automotive, construction, electronics, and manufacturing sectors, with no disclosed subscription, licensing, or fixed-fee components. Distribution is handled directly through Radius's own processing network of more than 100 sites, providing regional density for feedstock collection and finished material delivery.
In July 2025, Toyota Tsusho America — a U.S. subsidiary of Japan's Toyota Tsusho Corporation — completed the acquisition of Radius for approximately $1.34 billion at $30 per share, taking the company private and making it a wholly owned subsidiary. Radius continues to operate from its Portland, Oregon headquarters under existing management and brand identity, now positioned within Toyota Tsusho's global circular economy strategy across scrap metals, end-of-life vehicles, and automotive battery recycling. Historical bolt-on M&A activity spans more than 15 disclosed acquisitions since 1995, indicating a long-running inorganic growth posture that is now coordinated through the parent company's industrial group.
Radius Recycling firmographics
Firmographics- Name
- Radius Recycling
- Legal name
- Radius Recycling Inc.
- Website
- https://radiusrecycling.com
- Company type
- Private
- Founded year
- 1906
- Operating status
- Acquired
- Headcount range
- 1,001–5,000 employees
- Short description
- Radius Recycling is a North American metal recycler operating 100+ processing sites across the U.S. and Canada, processing ~11 million tonnes of ferrous and non-ferrous scrap annually for industrial manufacturers, construction, automotive, and electronics customers. Now a wholly owned subsidiary of Toyota Tsusho America following a $1.34 billion acquisition in July 2025.
- Ownership category
- akta.pro rank
Radius Recycling industry classification
Industry- Product category
- Scrap Metal Recycling
- NAICS
- Materials Recovery Facilities (562920), Waste Collection (56211)
- SIC
- Refuse Systems (4953)
- akta.pro primary industry
- Auto Shredding & Metal Fragmentation (Shredder Operations) (EUAIAJAD)
- akta.pro secondary industries
- Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters) (EUAIAJAH), Vehicle & Machinery Salvage (Heavy Equipment, Rail, Marine, Agricultural) (EUAIAJAL), Battery Collection & Logistics (Sorting, Packaging, Transport Compliance) (EUAIAIAE), Lithium-ion Battery Recycling (Mechanical, Hydro, Direct Recycling) (EUAIAIAF)
Keywords
Where Radius Recycling is headquartered
LocationHeadquarters
- HQ city
- Portland
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Radius Recycling business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Metal Recycling and Processing: Revenue generated from collecting, processing, and selling recycled metal materials including ferrous metals (steel, iron) and non-ferrous metals (aluminum, copper, etc.) to industrial customers in construction, automotive, electronics, and manufacturing sectors. Transaction-based pricing based on commodity prices and material volumes processed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based metal recycling pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Radius Recycling product offering
Product offeringCore offering
Radius Recycling collects, processes, and distributes recycled ferrous and non-ferrous metals, end-of-life vehicles, and automotive batteries through more than 100 sites across the United States and Canada. The company operates industrial metal shredding facilities that convert scrap into usable recycled raw materials sold to automotive, construction, electronics, and manufacturing customers. It is a wholly owned subsidiary of Toyota Tsusho America following the 2025 acquisition, supporting the parent's global circular economy and battery recycling strategy.
Product overview
Radius Recycling is a North American recycling company (formerly known as Schnitzer Steel Industries) headquartered in Portland, Oregon. The company operates over 100 sites across the United States and Canada, processing approximately 11 million tonnes of recycled materials per year. The company's core operations include metal shredding facilities, scrap metal processing, end-of-life vehicle (ELV) recycling, and automotive battery recycling. Radius Recycling was acquired by Toyota Tsusho America (a subsidiary of Toyota Tsusho Corporation) in July 2025 for approximately $1.34 billion, making it a wholly owned subsidiary.
Differentiator
Problem solved
Functional benefit
Products and services
- Ferrous and Non-Ferrous Metal Recycling and Processing Large-scale collection, shredding, and processing of ferrous (steel, iron) and non-ferrous (aluminum, copper, etc.) scrap metals into specification-grade recycled raw materials, sold to industrial manufacturers, construction firms, automotive OEMs, and electronics manufacturers across North America.
- End-of-Life Vehicle (ELV) Processing Collection and processing of end-of-life vehicles, extracting metals and components for recycling through the Toyota Tsusho network. Targets automotive OEMs and suppliers needing compliant ELV dismantling and material recovery.
- Electric Vehicle Battery Collection and Processing Collection and processing infrastructure for electric vehicle batteries, supporting the battery recycling supply chain from vehicle dismantling through materials recovery. Serves automotive and battery industry customers.
- Electronics and E-Waste Metal Recovery Metal recovery and recycling from electronic waste streams, supplying recovered metals to electronics manufacturers and supporting compliance with electronics recycling regulations.
Quantifiable outcome
- Combined recycled material transaction volume of 11 million tonnes per year through Toyota Tsusho network
Companies that use Radius Recycling
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Radius Recycling technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Radius Recycling partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights5 records
Radius Recycling competitors and assessment
Company assessmentDirect peers
- Sims Limited: Australia-headquartered global metal recycling company with substantial North American operations in ferrous and non-ferrous scrap, ELV processing, and shredding. Directly comparable to Radius in business model, commodity exposure, and end markets served.
- EMR Group: UK-based global metal recycling and shredding operator. Comparable to Radius as a multi-site ferrous and non-ferrous recycler with end-of-life vehicle processing, although primarily serving European rather than North American markets.
- OmniSource Corporation: Wholly owned subsidiary of Steel Dynamics and one of North America's largest ferrous and non-ferrous scrap processors with shredding operations. Direct competitor to Radius in Midwest and Southeast US scrap markets.
- David J. Joseph Company: Subsidiary of Nucor Corporation and one of the largest scrap metal processors in the US. Direct competitor to Radius in ferrous scrap collection, processing, and broker/trader operations across multiple US regions.
- Metalico: US-based scrap metal recycler operating ferrous and non-ferrous collection yards and processing facilities. Comparable to Radius in collection-driven model and end-customer mix, though smaller in scale and footprint.
Broad incumbents
- Commercial Metals Company: Vertically integrated steel manufacturer with significant scrap recycling operations feeding its minimills. Overlaps with Radius in ferrous scrap processing but competes primarily as a downstream steel producer rather than a pure recycler.
- Nucor Corporation: Largest steel producer in the US with major scrap recycling subsidiaries (DJJ, EnviroWise). Competes with Radius for scrap supply and indirectly influences scrap pricing as a major buyer.
- Gerdau Ameristeel: Major North American steel producer with significant scrap procurement operations. Comparable to Radius as a buyer of scrap and competitor for ferrous feedstock, though primarily a downstream mill rather than recycler.
Emerging players
- Li-Cycle Holdings: Emerging North American lithium-ion battery recycler using a spoke-and-hub network model. Comparable to Radius's emerging EV battery collection line of business, though focused exclusively on battery materials rather than bulk metals.
- Redwood Materials: Nevada-based battery recycling and materials company founded by former Tesla CTO, focused on end-of-life EV batteries and cell production scrap. Comparable to Radius's emerging EV battery processing capability, though at an earlier commercial stage and narrower scope.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Radius Recycling social profiles
Digital presenceRadius Recycling financial estimates
Financial estimateRevenue estimate
Valuation estimate
Radius Recycling leadership team
Management profileNumber of profiles
Profiles8 records
Radius Recycling funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Radius Recycling M&A and investment
M&A and investmentM&A20 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Radius Recycling
What does Radius Recycling do?
Radius Recycling collects, processes, and distributes recycled ferrous and non-ferrous metals, end-of-life vehicles, and automotive batteries through more than 100 sites across the United States and Canada. The company operates industrial metal shredding facilities that convert scrap into usable recycled raw materials sold to automotive, construction, electronics, and manufacturing customers. It is a wholly owned subsidiary of Toyota Tsusho America following the 2025 acquisition, supporting the parent's global circular economy and battery recycling strategy.
Is Radius Recycling a public or private company?
Radius Recycling is a private company. It is classified as corporate owned and is currently acquired.
When was Radius Recycling founded?
Radius Recycling was founded in 1906. It employs 1,001 to 5,000 people.
Where is Radius Recycling based?
Radius Recycling is headquartered in Portland, United States, in the North America region.
How does Radius Recycling make money?
One revenue line is on record: metal Recycling and Processing.
Who are Radius Recycling's main competitors?
Direct peers on record are Sims Limited, EMR Group, OmniSource Corporation, David J. Joseph Company and Metalico. Broad incumbents are Commercial Metals Company, Nucor Corporation and Gerdau Ameristeel. Emerging players are Li-Cycle Holdings and Redwood Materials.
Does Radius Recycling have an API?
No public API is recorded for Radius Recycling.
What industry is Radius Recycling in?
Radius Recycling's product category is Scrap Metal Recycling. Its primary akta.pro industry code is EUAIAJAD, Auto Shredding & Metal Fragmentation (Shredder Operations), with a secondary code of EUAIAJAH, Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters). Its NAICS code is 562920 and its SIC code is 4953.