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Schnitzer Steel Industries ( (RDUS) ) has provided an announcement.
On July 10, 2025, Toyota Tsusho America, Inc. completed the acquisition of Radius Recycling, Inc., a prominent North American recycling company. This acquisition supports Toyota Tsusho’s circular economy initiatives and strengthens Radius’ leadership in the recycling industry. Following the merger, Radius will continue to operate as a standalone business, leveraging Toyota Tsusho’s resources while its common shares will be delisted from the Nasdaq Capital Market.
The most recent analyst rating on (RDUS) stock is a Hold with a $22.00 price target. To see the full list of analyst forecasts on Schnitzer Steel Industries stock, see the RDUS Stock Forecast page.
Spark’s Take on RDUS Stock
According to Spark, TipRanks’ AI Analyst, RDUS is a Neutral.
Schnitzer Steel Industries faces significant financial and valuation challenges, with negative profitability metrics heavily impacting the overall score. Technical analysis shows some positive momentum, but the financial outlook remains concerning. Corporate events, including a merger, offer potential future benefits but are currently overshadowed by recent losses and financial adjustments.
To see Spark’s full report on RDUS stock, click here.
More about Schnitzer Steel Industries
Radius Recycling, Inc. is a leading North American recycler of ferrous and nonferrous metals, operating 54 facilities across 25 states, Puerto Rico, and Western Canada. The company sells its products to both U.S. and export customers and operates 50 stores under the Pick-N-Pull brand, which sell used auto parts. Radius is vertically integrated with its Pacific Northwest metals recycling operations and produces rebar, wire rod, and other specialty products.
Average Trading Volume: 681,241
Technical Sentiment Signal: Buy
Current Market Cap: $847.2M
For a thorough assessment of RDUS stock, go to TipRanks’ Stock Analysis page.