Schnitzer is now calling itself Radius Recycling, an identity that better fits with its line of business as a metals recycler. 

“While metals recycling and steel manufacturing have been the foundation of our global business for many decades, our company's reach now extends far beyond what the name Schnitzer Steel implies,” said chairman and chief executive Tamara Lundgren. “Our growth has been marked by expansion in both scope and scale, and we now operate in over 100 communities across North America. Our work and our purpose have never been more relevant than they are today,” she said. 

The company will change its NASDAQ ticker symbol to RDUS at the start of its next fiscal year in September.