vocabulary: name: Schnitzer Steel Industries (Radius Recycling) Vocabulary description: >- Domain vocabulary for Schnitzer Steel Industries / Radius Recycling covering scrap metal recycling, steel manufacturing, circular economy concepts, and business operations terminology. created: '2026-05-02' modified: '2026-05-02' terms: - term: Radius Recycling definition: >- The operating name adopted by Schnitzer Steel Industries in 2023 to reflect the company's focus on the circular economy and metal recycling. Acquired by Toyota Tsusho in 2025. tags: - Brand - Company synonyms: - Schnitzer Steel Industries - Schnitzer Steel - term: Scrap Metal definition: >- Recyclable materials left over from product manufacturing and consumption. Includes ferrous (iron-based) and non-ferrous (aluminum, copper, lead) metals. tags: - Materials - Recycling subtypes: - Ferrous Scrap - Non-Ferrous Scrap - Automotive Scrap - Industrial Scrap - term: Ferrous Scrap definition: >- Scrap metal containing iron and steel, the primary input for electric arc furnace steelmaking. Includes auto bodies, structural steel, and appliances. tags: - Materials - Steel - term: Non-Ferrous Scrap definition: >- Scrap metal not containing iron, including aluminum, copper, brass, lead, and zinc. Recovered from wiring, radiators, engines, and plumbing. tags: - Materials - Non-Ferrous - term: Pick-n-Pull definition: >- Radius Recycling's chain of self-service used auto parts stores, allowing customers to remove parts directly from salvage vehicles. Operates 50 locations across North America. tags: - Brand - Auto Parts - Retail - term: Cascade Steel Rolling Mills definition: >- Radius Recycling's steel manufacturing facility in McMinnville, Oregon, that produces finished steel products from recycled scrap metal using electric arc furnace technology. tags: - Manufacturing - Steel - term: Electric Arc Furnace (EAF) definition: >- A steelmaking furnace that uses high-current electric arcs to melt recycled scrap metal. EAF steel has a significantly lower carbon footprint than blast furnace production from raw ore. abbreviation: EAF tags: - Manufacturing - Sustainability - term: Circular Economy definition: >- An economic model that aims to eliminate waste and continually circulate products and materials. Scrap metal recycling is a foundational circular economy activity, as steel can be recycled indefinitely. tags: - Sustainability - Business Model - term: Shredder definition: >- Industrial machinery that reduces large scrap metal items (cars, appliances) into small fragments for sorting and processing. Central equipment at metals recycling facilities. tags: - Equipment - Processing - term: Billet definition: >- A semi-finished steel product with a square or round cross-section, produced from molten recycled scrap and used as input for rolling into finished steel products like rebar or wire rod. tags: - Products - Steel - term: Rebar definition: >- Reinforcing bar (steel bar) produced from recycled scrap, used in concrete construction for structural reinforcement. A primary finished product from Cascade Steel Rolling Mills. tags: - Products - Construction - term: Wire Rod definition: >- A long product steel coil produced by rolling billets, used in wire drawing, welding, nail, and bolt production. Produced at Cascade Steel Rolling Mills. tags: - Products - Steel - term: Metals Recycling Facility (MRF) definition: >- A facility that collects, processes, and prepares scrap metal for resale to steel mills and foundries. Radius Recycling operates 53 such facilities across North America. abbreviation: MRF tags: - Facilities - Operations - term: Automotive Shredder Residue (ASR) definition: >- The non-metallic material remaining after a vehicle is shredded and metals are recovered. Also called "fluff," it presents environmental disposal challenges. abbreviation: ASR tags: - Waste Management - Environment - term: Export Market definition: >- International buyers (primarily Asian steel mills) of recycled ferrous and non-ferrous scrap. Schnitzer/Radius is one of the largest US exporters of recycled metals. tags: - Business - Trade