Radius Recycling stock: Radius Recycling appears on USD 750,000 permit

Published on 10/24/2026 at 02:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Radius Recycling sold 4.9 million metric tons in fiscal 2024. Radius Recycling stock follows a USD 1.34 billion 2025 acquisition.

Portland permit anchors current picture

A Portland permit dated October 12, 2026 lists Radius Recycling for a USD 750,000 facility project.
Radius Recycling sold 4.9 million metric tons in fiscal year 2024.
Toyota Tsusho acquired Radius Recycling in a USD 1.34 billion transaction in July 2025.

RDUS, US8068821060, Illustration mit AI erstellt.

Radius Recycling (ISIN US8068821060) appears on a USD 750,000 Portland facility permit dated October 12, 2026. The project covers new interior walls and a structural system for a torch-cutting process at the company's steel-recycling operation, according to the Daily Journal of Commerce.

What does the permit change?

The permit provides a concrete operating signal rather than a financial forecast. The listed work is tied to torch cutting, a process used in the preparation of steel scrap, and places the project within Radius Recycling's core recycling and steel-manufacturing activities.

The USD 750,000 figure describes the permitted construction value, not reported revenue, earnings or a new order. That distinction matters because the permit shows facility investment while leaving the project's effect on margins and output unquantified.

Scale follows the permit

Radius Recycling sold 4.9 million metric tons of ferrous and nonferrous material in fiscal year 2024. AskCyborg also describes the company as a North American recycler and steel manufacturer with operations across the United States, Canada and Puerto Rico.

The company operates under the Radius Recycling name after previously being known as Schnitzer Steel Industries. In July 2025, Toyota Tsusho acquired Radius Recycling in a USD 1.34 billion transaction, a deal described by White and Case.

Recycling remains the operating core

Radius Recycling processes ferrous and nonferrous metals and also manufactures finished steel products. Its activities include scrap collection, auto-parts recycling, railcar dismantling and steel production, giving the company exposure to both recycling volumes and demand for processed materials.

For investors, the permit is most useful as an operating detail. The USD 750,000 project adds a dated facility figure to a business whose fiscal year 2024 sales volume reached 4.9 million metric tons, while the larger ownership change remains the USD 1.34 billion Toyota Tsusho transaction.

Company context

Radius Recycling is headquartered in Portland, Oregon, and its business centers on recovering metal from vehicles, appliances, industrial machinery and construction material. The company supplies recycled feedstock to steel mills, foundries, refineries and other industrial customers.