Radius posts quarterly loss in summer months

Portland, Oregon-based Radius Recycling Inc. has reported a net loss of $16 million in its 2024 fiscal year fourth quarter, which ran from June 1 to August 31 of this year. The company, which operates metal recycling and auto dismantling facilities and one electric arc furnace (EAF) steel mill, says its summer 2024 results equated to a $13 loss per ferrous scrap ton processed.

Story continues

TRENDING NOW

LATEST LOCAL NEWS