SCHN on NASDAQ

Schnitzer Steel Industries

American scrap recycling and steel manufacturing company

Radius Recycling, Inc. (formerly Schnitzer Steel Industries) is a scrap recycling and steel manufacturing company headquartered in Portland, Oregon, United States. The company operates auto parts recycling, metal recycling, and steel manufacturing with locations in 26 states and two Canadian provinces, as well as Puerto Rico. The company recycles vehicles, rail cars, home appliances, industrial machinery, and scrap.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$2.7BRevenue, fiscal 20245
-$266.4MNet income, fiscal 20245
1906Founded1

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  • TickerSCHN on NASDAQ1
  • Industryiron and steel industry1
  • HeadquartersPortland1
  • Websitewww.schnitzersteel.com
  • Incorporated inOR6
  • Business address222 Sw Columbia St, Suite 1150, Portland, Or 972016
  • Filer categoryAccelerated filer6
  • Legal formBusiness Corporation4
  • LEI549300F62TK8VRDSM2854
  • StatusActive4
  • LEI statusLapsed (not renewed)4
  • Registered addressC/O C T CORPORATION SYSTEM, 97301 Salem, United States4
  • Registered withCorporation Division (Oregon Secretary of State), 044414-164
Cascade Steel mill McMinnville Oregon
Photo: M.O. Stevens, CC BY 3.0, via Wikimedia Commons9

Radius Recycling, Inc. (formerly Schnitzer Steel Industries) is a scrap recycling and steel manufacturing company headquartered in Portland, Oregon, United States. The company operates auto parts recycling, metal recycling, and steel manufacturing with locations in 26 states and two Canadian provinces, as well as Puerto Rico. The company recycles vehicles, rail cars, home appliances, industrial machinery, and scrap. The company has 103 recycling facilities including the Pick-n-Pull auto parts recycling chain with 50 locations and 53 metals recycling facilities. Steel manufacturing is through the Cascade Steel Rolling Mills plant in McMinnville, Oregon. The company was acquired by Toyota Tsusho in July 2025.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2024

-10.7%Operating margin5
-9.7%Net margin5
-5.0%Revenue growth, 20245
-42.8%Return on equity5
0.63×Debt to equity5

Where the money goes

Where each dollar of revenue went, fiscal 2024

  • Cost of revenue89¢$2.6B
  • Selling, general and admin9¢$248.3M
  • Interest1¢$26.9M
  • Income tax2¢$55.3M

Out of $2.7B in revenue.5 The company lost money this year.

Financial statements

Revenue10111213145$2.7B in 2024+62% since 2017
0$1.0B$2.0B$3.0B$4.0B2017: $1.7B$1.7B20172018: $2.4B$2.4B2018+40%2019: $2.1B$2.1B2019−10%2020: $1.7B$1.7B2020−20%2021: $2.8B$2.8B2021+61%2022: $3.5B$3.5B2022+26%2023: $2.9B$2.9B2023−17%2024: $2.7B$2.7B2024−5%
Operating income10111213145-$294.0M in 2024
-$400.0M-$200.0M0$200.0M$400.0M2017: $56.0M$56.0M20172018: $149.0M$149.0M2018+166%2019: $83.9M$83.9M2019−44%2020: $6.9M$6.9M2020−92%2021: $213.7M$213.7M2021+3018%2022: $225.9M$225.9M2022+6%2023: -$3.9M-$3.9M20232024: -$294.0M-$294.0M2024+7390%
Net income10111213145-$266.4M in 2024
-$400.0M-$200.0M0$200.0M2017: $44.5M$44.5M20172018: $156.5M$156.5M2018+251%2019: $56.3M$56.3M2019−64%2020: -$4.1M-$4.1M20202021: $165.1M$165.1M20212022: $168.8M$168.8M2022+2%2023: -$25.8M-$25.8M20232024: -$266.4M-$266.4M2024+933%
Fiscal year20172018201920202021202220232024
Revenue$1.7B10$2.4B11$2.1B12$1.7B13$2.8B14$3.5B5$2.9B5$2.7B5
Cost of revenue$1.5B18$2.0B18$1.9B12$1.5B13$2.3B14$3.0B5$2.6B5$2.6B5
Selling, general and admin$171.6M10$208.9M11$191.4M12$187.9M13$242.5M14$263.3M5$265.9M5$248.3M5
Operating income$56.0M10$149.0M11$83.9M12$6.9M13$213.7M14$225.9M5-$3.9M5-$294.0M5
Interest$8.1M10$9.0M11$8.3M12$8.7M13$5.3M14$8.5M5$18.6M5$26.9M5
Income before tax$216.7M5-$28.1M5-$321.4M5
Income tax$1.3M10-$17.6M11$17.7M12$166.0K13$37.9M14$44.6M5-$2.7M5-$55.3M5
Net income$44.5M10$156.5M11$56.3M12-$4.1M13$165.1M14$168.8M5-$25.8M5-$266.4M5
Earnings per share$1.6210$5.6611$2.0512-$0.1513$5.9014$6.015-$0.925-$9.385
Earnings per share (diluted)$1.5810$5.4711$2.0012-$0.1513$5.6614$5.725-$0.925-$9.385
Shares (weighted, basic)28.1M shares528.0M shares528.4M shares5
Shares (weighted, diluted)29.5M shares528.0M shares528.4M shares5

Compare Schnitzer Steel Industries with another company

Corporate structure

Schnitzer Steel Industries sits at the top of its group. 55 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Schnitzer Steel Industries

  • ALPINE ASSOCIATES MANAGEMENT INC. Filed SCHEDULE 13G/A on Schnitzer Steel Industries, latest Oct 14, 2025 (2 filings since Aug 5, 2025)
  • Ameriprise Financial Filed SCHEDULE 13G/A on Schnitzer Steel Industries, latest Aug 14, 2025 (6 filings since Feb 14, 2022)
  • State Street Corporation Filed SCHEDULE 13G on Schnitzer Steel Industries, latest Aug 11, 2025 (2 filings since Feb 10, 2022)
  • BlackRock Portfolio Management LLC Filed SCHEDULE 13G/A on Schnitzer Steel Industries, latest Jul 15, 2025 (2 filings since Apr 15, 2025)
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Schnitzer Steel Industries, latest Jul 15, 2025 (5 filings since Feb 8, 2022)
  • Magnetar Financial LLC Filed SCHEDULE 13D/A on Schnitzer Steel Industries, latest Jul 15, 2025 (2 filings since Apr 16, 2025)
  • BlackRock Filed SCHEDULE 13G/A on Schnitzer Steel Industries, latest Apr 17, 2025 (7 filings since Feb 7, 2022)
  • VANGUARD GROUP INC Filed SC 13G/A on Schnitzer Steel Industries, latest Nov 12, 2024 (6 filings since Feb 10, 2022)
  • Schnitzer Steel Industries Portland, Oregon, United States
    • Auto Parts Group Southwest, LLC Subsidiary · Delaware, United States
    • Cascade Steel Rolling Mills, Inc. Subsidiary · Oregon, United States
    • Crawford Street Corporation Subsidiary · Oregon, United States
    • Edman Corp. Subsidiary · Oregon, United States
    • FerMar, LLC Subsidiary · Oregon, United States
    • Ferrum Bridge, LLC Subsidiary · Delaware, United States
    • Freetown Self Serve Used Auto Parts, LLC Subsidiary · Massachusetts, United States
    • Freetown Transfer Facility LLC Subsidiary · Massachusetts, United States
    • General Metals of Tacoma, Inc. Subsidiary · Washington, United States
    • Joint Venture Operations, Inc. Subsidiary · Delaware, United States
    • Karileen, LLC Subsidiary · Washington, United States
    • Maine Metal Recycling, Inc. Subsidiary · Maine, United States
    • Manufacturing Management, Inc. Subsidiary · Oregon, United States
    • Metals Recycling, L.L.C. Subsidiary · Rhode Island, United States
    • Millis Industries, Inc. Subsidiary · Massachusetts, United States
    • Mormil Corp. Subsidiary · Oregon, United States
    • New England Metal Recycling, LLC Subsidiary · Massachusetts, United States
    • Norprop, Inc. Subsidiary · Oregon, United States
    • Oregon Rail Marketing Co. Subsidiary · Oregon, United States
    • Pacific Car Crushing, LLC Subsidiary · Oregon, United States
    • Pick A Part, Inc. Subsidiary · Washington, United States
    • Pick and Pull Auto Dismantling, Inc. Subsidiary · California, United States
    • Pick-N-Pull Auto Dismantlers, Chicago, LLC Subsidiary · Delaware, United States
    • Pick-N-Pull Auto Dismantlers, Columbus, LLC Subsidiary · Delaware, United States
    • Pick-N-Pull Auto Dismantlers, Kansas City, LLC Subsidiary · Delaware, United States
    • and 29 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Schnitzer Steel Industries reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$1.6B5 Aug 31, 2024$1.6B5 Aug 31, 2023+2.1%
Accumulated depreciation$970.2M5 Aug 31, 2024$902.2M5 Aug 31, 2023+7.5%
Property and equipment, net$672.2M5 Aug 31, 2024$706.8M5 Aug 31, 2023−4.9%
Finance-lease assets$8.4M5 Aug 31, 2024$6.3M5 Aug 31, 2023+32.1%
Operating-lease assets (leased space)$123.5M5 Aug 31, 2024$115.7M5 Aug 31, 2023+6.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$5.6M5 Aug 31, 2024$6.0M5 Aug 31, 2023−8.0%
Marketable securities, current$1.0M14 Aug 31, 2023
Deposits held (banks)$7.0M14 Aug 31, 2023$7.0M14 Aug 31, 20220%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$13.1M5 Aug 31, 2024$229.4M5 Aug 31, 2023−94.3%
Intangible assets, net (excluding goodwill)$28.7M5 Aug 31, 2024$32.5M5 Aug 31, 2023−11.9%
Indefinite-lived intangibles (excluding goodwill)$1.1M5 Aug 31, 2024$1.1M5 Aug 31, 20230%
Accumulated amortization$17.6M5 Aug 31, 2024$12.4M5 Aug 31, 2023+41.1%
Finite-lived intangibles, net$27.6M5 Aug 31, 2024$31.5M14 Aug 31, 2023−12.3%

Inventory

ItemLatestA year beforeChange
Inventory, total$293.9M5 Aug 31, 2024$278.6M5 Aug 31, 2023+5.5%
Raw materials$137.0M5 Aug 31, 2024$144.0M5 Aug 31, 2023−4.8%
Work in process$14.8M5 Aug 31, 2024$10.0M5 Aug 31, 2023+49.1%
Finished goods$72.2M5 Aug 31, 2024$60.3M5 Aug 31, 2023+19.7%
Supplies$69.8M5 Aug 31, 2024$64.3M5 Aug 31, 2023+8.5%

Properties, in its own words

Our facilities and administrative offices by division, type and location were as follows as of August 31, 2024:

Number of Facilities

The rest of Item 2

Type · Location · Owned(1) · Leased

Administrative Offices · California · — · 1

New Jersey · — · 1

Oregon · — · 1

Rhode Island · — · 1

Auto Parts Stores · Alberta, Canada · — · 3

Arkansas · — · 1

British Columbia, Canada · — · 1

California(2) · 3 · 16

Florida · — · 1

Georgia · 1 · —

Illinois · — · 1

Indiana · 1 · —

Kansas · — · 1

Missouri · 1 · 3

Nevada · — · 2

Ohio · — · 1

Oregon · — · 2

Rhode Island · 2 · —

Texas · — · 3

Utah · — · 1

Virginia · — · 1

Washington · 1 · 4

Metals Recycling · Alabama · 3 · —

British Columbia, Canada · — · 4

California · 4 · [A] · [B] · —

Georgia · 10 · [B] · —

Hawaii · 1 · [A] · [B] · 1

Kentucky · 3 · 1

Maine · 2 · —

Massachusetts · 2 · [A] · [B] · 1

Mississippi · 3 · —

Montana · 1 · —

Nevada · — · 1

New Hampshire · 2 · —

Oregon · 4 · [A] · [B] · —

Puerto Rico · 1 · [A] · [B] · 2

Rhode Island · 1 · 1 · [A]

Tennessee · 1 · 1

Washington · 3 · [A] · [B] · —

Steel Mill · Oregon · 1 · —

Steel Distribution · California · 1 · —

Recycling Services · Texas · — · 1

Total Operating Facilities and Administrative Offices · 52 · 58

[A] Operation includes a deepwater port. Puerto Rico and Hawaii operations access deepwater ports through public docks.

[B] Includes large-scale shredding operations.

Includes facilities that are primarily owned where an adjacent or supplementary parcel of the site is leased.

Three sites are jointly owned with minority interest partners.

27 / Radius Recycling, Inc. Form 10-K Fiscal 2024

We consider all operating properties, both owned and leased, to be well-maintained, in good operating condition, and suitable and adequate to carry on our business. For further discussion of our operating properties, see “Business,” and “Distribution” in Part I, Item 1 of this report.

Item 2 of the 10-K filed Oct 24, 2024.20

The story

The company was founded as Alaska Junk Company by Russian immigrant Sam Schnitzer in 1906 as a one-person scrap metal recycler. Between 1947 and 1950, his son Harold Schnitzer worked at the company.

In 1984, the company bought Cascade Steel Rolling Mills, who operated a steel mill in McMinnville, Oregon. Schnitzer purchased eight service centers from U.S. Steel in 1986 for its Metra Steel subsidiary. In 1993, Schnitzer Steel became a public company via an initial public offering.

In January 2003, the company acquired Pick-n-Pull, a chain of automobile scrap yards where consumers can obtain autoparts from scrapped vehicles.

In October 2005, it acquired GreenLeaf Auto Recyclers, which was sold in 2009, and Regional Recycling, a metals recycling business with 10 locations in the Southeastern United States.

In December 2006, the company acquired Advanced Recycling.

In December 2007, the U.S. Securities and Exchange Commission charged former chairman and CEO Robert Philip for violating bribery laws as part of the Foreign Corrupt Practices Act in relation to dealings with Chinese steel mills.

Tamara Lundgren became the chief executive officer, and John Carter became chairman in November 2008.

In January 2010, the Schnitzer family sold their shares such that their ownership in the company fell below 20%.

Read the full text

In April 2010, the company acquired Golden Recycling & Salvage, a recycling company in Billings, Montana.

In January 2011, the company acquired State Line Scrap, a recycling company in Attleboro, Massachusetts. In February 2011, it acquired Ferrill's Auto Parts of Seattle.

In 2013, the company moved its headquarters to the KOIN Tower in downtown Portland, Oregon.

The company changed its name to Radius Recycling in July 2023.

In July 2025, the company was acquired by Toyota Tsusho for $1.3 billion.

From Wikipedia’s article on Radius Recycling, shared under CC BY-SA 4.0.7

Leadership

Who has led Schnitzer Steel Industries, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (40)

Products and brands

  • steel

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Auto Parts Group Southwest, LLC Delaware8
  • Cascade Steel Rolling Mills, Inc. Oregon8
  • Crawford Street Corporation Oregon8
  • Edman Corp. Oregon8
  • FerMar, LLC Oregon8
  • Ferrum Bridge, LLC Delaware8
  • Freetown Self Serve Used Auto Parts, LLC Massachusetts8
  • Freetown Transfer Facility LLC Massachusetts8
  • General Metals of Tacoma, Inc. Washington8
  • Joint Venture Operations, Inc. Delaware8
  • Karileen, LLC Washington8
  • Maine Metal Recycling, Inc. Maine8
  • Manufacturing Management, Inc. Oregon8
  • Metals Recycling, L.L.C. Rhode Island8
  • Millis Industries, Inc. Massachusetts8
  • Mormil Corp. Oregon8
  • New England Metal Recycling, LLC Massachusetts8
  • Norprop, Inc. Oregon8
  • Oregon Rail Marketing Co. Oregon8
  • Pacific Car Crushing, LLC Oregon8
  • Pick A Part, Inc. Washington8
  • Pick and Pull Auto Dismantling, Inc. California8
  • Pick-N-Pull Auto Dismantlers, Chicago, LLC Delaware8
  • Pick-N-Pull Auto Dismantlers, Columbus, LLC Delaware8
All 54 listed subsidiaries
  • Pick-N-Pull Auto Dismantlers, Kansas City, LLC Delaware8
  • Pick-N-Pull Auto Dismantlers, LLC California8
  • Pick-N-Pull Auto Dismantlers, Nevada, LLC Nevada8
  • Pick-N-Pull Auto Dismantlers, St. Louis, LLC Delaware8
  • Pick-N-Pull Auto Dismantlers, Stockton, LLC California8
  • Pick-N-Pull Auto Dismantlers, Virginia Beach, LLC Delaware8
  • Pick-N-Pull Northwest, LLC Oregon8
  • Proleride Transport Systems, Inc. Delaware8
  • Prolerized New England Company LLC Delaware8
  • Radius Domestic, LLC Delaware8
  • Recycling for a Better Tomorrow, a Schnitzer Steel Industries Charitable Foundation Oregon8
  • Row52, LLC Delaware8
  • SFS II, LLC Oregon8
  • SSI Big Sky LLC Oregon8
  • SSI Burbank LLC Washington8
  • SSI Nevada LLC Nevada8
  • SSI Services, LLC Delaware8
  • SSP Reclamation Company Oregon8
  • Schnitzer Columbus Recycling, LLC Delaware8
  • Schnitzer Fresno, Inc. Oregon8
  • Schnitzer Puerto Rico, Inc. Puerto Rico8
  • Schnitzer Southeast Holdings, LLC Delaware8
  • Schnitzer Southeast, LLC Georgia8
  • Schnitzer Steel Canada, Ltd. British Columbia8
  • Schnitzer Steel Hawaii Corp. Delaware8
  • Schnitzer Trading International, Inc. Oregon8
  • Scrap Financial Services, LLC Oregon8
  • Scrap Marketing, Inc. Oregon8
  • U-PULL-IT, Inc. California8
  • White Top Properties L.L.C. Oregon8

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • RADIUS RECYCLINGAug 2, 2023 to Aug 2, 20236
  • SCHNITZER STEEL INDUSTRIES, INC.Feb 27, 2019 to Jan 31, 20246
  • SCHNITZER STEEL INDUSTRIES INCJan 31, 1994 to Feb 13, 20196

Timeline

  1. Jul 10, 20258-K Ended a material agreement; Completed an acquisition or sale; Listing notice or transfer72
  2. Jul 7, 20258-K Other events73
  3. Jul 1, 20258-K Results of operations74
  4. Jun 20, 20258-K Entered a material agreement; Results of operations; Regulation FD disclosure75
  5. Jun 5, 20258-K Shareholder vote76
  6. May 14, 20258-K Other events77
  7. Apr 4, 20258-K Results of operations78
  8. Mar 14, 20258-K Entered a material agreement79
  9. Mar 13, 20258-K Other events80
  10. Jan 31, 20258-K Shareholder vote81
  11. Jan 7, 20258-K Results of operations82
  12. Nov 8, 20248-K Executive or director change; Regulation FD disclosure83
  13. Dec 3, 2008New chief executive Tamara L. Lundgren becomes CEO21
  14. Nov 16, 1993Went public Listed on NASDAQ1
  15. 1906Founded Founded1

Calendar

When it reported results

  1. Jul 1, 2025Reported quarterly or annual results74
  2. Jun 20, 2025Reported quarterly or annual results75
  3. Apr 4, 2025Reported quarterly or annual results78
  4. Jan 7, 2025Reported quarterly or annual results82
  5. Oct 24, 2024Reported quarterly or annual results84
  6. Jul 2, 2024Reported quarterly or annual results85
  7. Apr 4, 2024Reported quarterly or annual results86
  8. Mar 14, 2024Reported quarterly or annual results87

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

384 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 43 major events, 246 insider forms, 32 large holders, 47 other. The latest 20:

  1. Oct 14, 2025SCHEDULE 13G/A EDGAR
  2. Aug 14, 2025SCHEDULE 13G/A EDGAR
  3. Aug 11, 2025SCHEDULE 13G EDGAR
  4. Aug 5, 2025SCHEDULE 13G EDGAR
  5. Jul 21, 202515-12G EDGAR
  6. Jul 15, 2025SCHEDULE 13G/A EDGAR
  7. Jul 15, 2025SCHEDULE 13D/A EDGAR
  8. Jul 15, 2025SCHEDULE 13G/A EDGAR
  9. Jul 10, 202525-NSE EDGAR
  10. Jul 10, 2025S-8 POS EDGAR
  11. Jul 10, 2025S-8 POS EDGAR
  12. Jul 10, 2025S-8 POS EDGAR
  13. Jul 10, 2025S-8 POS EDGAR
  14. Jul 10, 20258-K EDGAR
  15. Jul 10, 20254 EDGAR
  16. Jul 10, 20254 EDGAR
  17. Jul 10, 20254 EDGAR
  18. Jul 10, 20254 EDGAR
  19. Jul 10, 20254 EDGAR
  20. Jul 10, 20254 EDGAR

The 384 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

22 open-market trades by officers, directors and large owners since October 2021: 1 buys and 21 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Nov 7, 2024Heiskell StevenSVP & President, Recycling P&SSale9,000$19.52$175.7KForm 4
Nov 5, 2024Vaughn James MatthewSVP, GC, CCO, Corp. SecretarySale1,379$16.63$22.9KForm 4
Oct 30, 2024Heiskell StevenSVP & President, Recycling P&SSale17,675$17.08$301.9KForm 4
May 6, 2024Gaggini Stefano R.SVP, CFOSale1,021$18.57$19.0KForm 4
Nov 10, 2023Souza BrianSVP and President, OperationsSale4,500$23.49$105.7KForm 4
Nov 7, 2023Heiskell StevenSVP & President, Recycling P&SSale8,000$24.14$193.1KForm 4
Nov 6, 2023Vaughn James MatthewSVP, GC, CCO, Corp. SecretarySale571$24.83$14.2KForm 4
Nov 3, 2023Gaggini Stefano R.SVP, CFOSale7,269$24.86$180.7KForm 4
May 5, 2023Heiskell StevenSVP & President, Recycling P&SSale1,649$28.64$47.2KForm 4
May 4, 2023Henderson Michael RSVP, President, OperationsSale1,691$27.44$46.4KForm 4
May 3, 2023Schuessler MarkVP and CAOSale157$28.51$4.5KForm 4
May 3, 2023Gaggini Stefano R.SVP, CFOSale1,026$28.43$29.2KForm 4
Nov 7, 2022Schuessler MarkVP and CAOSale1,200$27.97$33.6KForm 4
Nov 4, 2022Heiskell StevenSVP & President, Recycling P&SSale10,000$27.56$275.6KForm 4
Nov 3, 2022Henderson Michael RSVP, President, OperationsSale16,823$26.36$443.5KForm 4
Nov 3, 2022Gaggini Stefano R.SVP, CFOSale7,466$26.29$196.3KForm 4
Jul 6, 2022HICKS WAYLAND RDirectorBuy2,000$30.85$61.7KForm 4
May 4, 2022Saba Peter BSVP, GC, & Corp. SecretarySale1,178$44.46$52.4KForm 4
Nov 3, 2021Henderson Michael RSVP, President, OperationsSale7,721$52.11$402.3KForm 4
Nov 3, 2021Saba Peter BSVP, GC, & Corp. SecretarySale6,038$51.60$311.6KForm 4

All 22 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 30, 2019Donna Shalala, HouseSale$1,001 - $15,000Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Schnitzer Steel Industries is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARRADIUS RECYCLING, INC.2
  • CIK0000912603
  • Employer ID (EIN)93-034192320
  • Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company20
  • Incorporated inOregon20
  • Fiscal year endsAugust 312
  • Industry code (SIC)5090 Wholesale-Misc Durable Goods2
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance2
  • Business address222 Sw Columbia St, Suite 1150, Portland, OR 972012
  • Mailing addressP O Box 10047, Portland, OR 972962
  • Phone50322499002
  • Shares outstanding27,839,454 Common Class A shares; 200,000 Common Class B shares as of Oct 22, 202420
  • Public float$525.2M as of Feb 29, 202420
  • AuditorPricewaterhouseCoopers LLP, Portland, Oregon PCAOB ID 238; it also attests to the company’s internal control over financial reporting20
  • On EDGAR sinceJan 31, 19942
  • Filings2,942 in all: 4 (2,134), 8-K (237), SC 13G/A (145), 10-Q (88), 3 (47), SC 13G (46), 4/A (43), DEFA14A (31)2
    All 40 form types

    DEF 14A (30), 10-K (27), 8-K/A (12), SD (12), UPLOAD (11), SCHEDULE 13G/A (9), SC 14D1/A (8), SC 13D/A (7), 144 (6), CORRESP (6), 10-Q/A (5), DFAN14A (4), S-8 (4), S-8 POS (4), SC TO-I/A (4), SCHEDULE 13G (3), 10-K/A (2), 10-K405 (2), NT 10-K (2), 15-12G (1), 25-NSE (1), 3/A (1), 8-A12G (1), DEFM14A (1), DEFR14A (1), NT 10-Q (1), PRE 14A (1), PREM14A (1), SC 13D (1), SC TO-I (1), SCHEDULE 13D (1), SCHEDULE 13D/A (1)

  • Latest filingsAnnual report (10-K) Oct 24, 2024
    Quarterly report (10-Q) Jul 1, 2025
    Proxy statement (DEF 14A) Dec 16, 2024
    Latest 8-K (8-K) Jul 10, 2025

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $1.00 par valueRDUSThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Oct 24, 2024 (Section 12(b) of the Exchange Act).20

Risk factors and legal proceedings

The risks Schnitzer Steel Industries names in Item 1A of its 10-K filed Oct 24, 2024: 35 risks under these headings, as written.20

  • Potential costs related to the environmental cleanup of Portland Harbor may be material to our financial position and liquidity
  • Equipment upgrades, equipment failures, and facility damage may lead to production curtailments or shutdowns
  • Failure to realize or delays in realizing expected benefits from capital projects, including investments in processing and manufacturing technology improvements and information technology systems, may impact our financial condition, operating results, and cash flows
  • We operate in industries that are cyclical and sensitive to general economic conditions, which could have a material adverse effect on our operating results, financial condition, and cash flows
  • Changing conditions in global markets including the impact of sanctions and tariffs, quotas, and other trade actions and import restrictions may adversely affect our operating results, financial condition, and cash flows
  • Increases in the value of the U.S. dollar relative to other currencies may reduce the demand for our products
  • Changes in the availability or price of inputs such as raw materials and end-of-life vehicles could reduce our sales and adversely impact our margins
  • Significant decreases in recycled metal prices may adversely impact our operating results
  • Imbalances in supply and demand conditions in the global steel industry may reduce demand for our products
  • Acquisitions and integration of acquired businesses may result in operating difficulties and other unintended consequences
  • Supply chain disruptions affecting our customers, end users of our recycled products, or our suppliers could adversely impact the demand for our products or the availability of inputs, increase our costs, or otherwise adversely impact our business
  • Reliance on third-party shipping companies may restrict our ability to ship our products
The other 23 risks
  • The agreement governing our bank credit facilities imposes certain restrictions on our business and contains financial covenants
  • Potential limitations on our ability to access capital resources may restrict our ability to operate
  • Impairment of goodwill, long-lived and other assets may adversely affect our operating results
  • Public health emergencies, such as pandemics or epidemics, could have an adverse effect on our business, results of operations, financial condition, and cash flows
  • Inability to achieve or sustain the benefits from productivity, cost savings, and restructuring initiatives may adversely impact our operating results
  • We may be unable to renew facility leases, thus restricting our ability to operate
  • Changing economic conditions may result in customers not fulfilling their contractual obligations
  • Consolidation in the steel industry may reduce demand for our products
  • Product liability claims may adversely impact our operating results
  • We are subject to legal proceedings and legal compliance risks that may adversely impact our financial condition, results of operations, and liquidity
  • Climate change may adversely impact our facilities and our ongoing operations
  • We may not realize our deferred tax assets in the future
  • Tax increases and changes in tax rules may adversely affect our financial results
  • One or more cybersecurity incidents may adversely impact our financial condition, results of operations, and reputation
  • Increasing attention to environmental, social and governance (ESG) matters may impact our business and financial results
  • We are exposed to translation risks associated with fluctuations in foreign currency exchange rates
  • We may incur losses and additional costs as a result of our hedging transactions
  • Governmental agencies may refuse to grant or renew our licenses and permits, thus restricting our ability to operate
  • Environmental compliance costs and potential environmental liabilities may have a material adverse effect on our financial condition and results of operations
  • Compliance with existing and future climate change, greenhouse gas, and other air emission laws and regulations may adversely impact our operating results
  • Labor shortages or increased labor costs may adversely affect our operating results, financial condition, and cash flows
  • Reliance on employees subject to collective bargaining may restrict our ability to operate
  • The underfunded status of our multiemployer pension plans may cause us to increase our contributions to the plans

Legal proceedings

From time to time, we are involved in various litigation matters that arise in the ordinary course of business involving normal and routine claims, including environmental compliance matters. Such proceedings include, but are not limited to, proceedings relating to our status as a potentially responsible party with respect to the Portland Harbor Superfund Site and proceedings relating to other legacy environmental issues. For additional information regarding such matters, see Note 10 - Commitments and Contingencies in the Notes to the Consolidated Financial Statements in Part II, Item 8 of this report.

On February 23, 2021, the DTSC issued a corrective action enforcement order with respect to our metal recycling facility in Oakland, California that would require us to submit a current conditions report, to undertake a facilities investigation, risk assessment, a corrective measures study, and to implement corrective measures selected by the DTSC based on those assessments and studies. We dispute DTSC’s alleged jurisdictional basis for the order, as well as the scope of work required by the order, which we believe is unwarranted and duplicative of ongoing assessments being conducted under the oversight of another state agency. We have filed a notice of defense that by law stays the effectiveness of the order and are challenging the order through the DTSC administrative process.

The opening of Item 3, Legal Proceedings.20

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