Steel Product Producers
Radius Recycling Updates NASDAQ Symbol
Written by Ethan Bernard
August 31, 2023
The common stock of Radius Recycling, formerly Schnitzer Steel Industries, will start trading on NASDAQ under the symbol ‘RDUS’ at the open of market trading on Sept. 1.
The Portland, Ore.-based scrap recycler and long steel producer said on Aug. 30 ‘RDUS’ will replace its current ticker symbol ‘SCHN,’ adding that the new ticker symbol aligns with the rebranding from Schnitzer Steel to Radius Recycling announced in July.
Radius noted that no action is required by existing shareholders with respect to the ticker symbol change.
Ethan Bernard
Read more from Ethan BernardLatest in Steel Product Producers
BREAKING NEWS: Nucor surprises with $65/ton price drop for HRC
Nucor started off May with a bang, dropping its weekly base spot price for hot-rolled (HR) coil by $65 per short ton (st) this week.
Nucor breaks ground on new Berkeley galv line
Nucor broke ground on a new galvanizing line at its Nucor Steel Berkeley sheet mill in Huger, S.C., on Thursday, May 2.
Olympic Steel profits fall 12% in Q1
Olympic Steel logged lower earnings in the first quarter of 2024, but the company said all three of its segments contributed to profitability.
USS, Nippon merger delayed by DOJ antitrust review
The sale of U.S. Steel Corp. to Nippon Steel Corp. has been delayed by the US Department of Justice’s antitrust investigation. The Justice Department, which is conducting an antitrust review of the merger, has requested additional information from both USS and NSC. The companies originally anticipated closing the sale in the second or third quarter […]
U.S. Steel Q1 earnings slip, BRS expansions proceed
U.S. Steel posted slightly lower Q1’24 earnings as stronger earnings from its sheet mills were partially offset by a weaker performance from it tubular division. All told, the Pittsburgh-based steelmaker reported Q1’24 earnings of $171 million. That's down 14.1% from $199 million in Q1’23 on sales that fell 6.9% to $4.16 billion in the same comparison.