The Fastmarkets Circular Steel Summit in Houston, Texas, brought together stakeholders and industry leaders from the scrap-to-steel supply chain this week to review the latest trends, technologies, and market dynamics driving scrap and secondary materials activity across North America.

On Wednesday, January 15, Tamara Lundgren, Chairman and CEO of Radius Recycling, delivered the keynote address on the role of the incoming administration in revitalizing American manufacturing, a sector that has lost over 4 million jobs since the turn of the century. 

In the address, Lundgren advocated for greater U.S. production of key products while attracting foreign direct investment which contributes to local and national economic growth. “These [manufacturing] projects come with high-paying jobs, often materially increasing the median income in the counties in which they are being built,” said Lundgren.

She outlined tools to achieve a manufacturing renaissance through trade policy development and oversight, tax reform, and reducing regulatory burdens specifically for the metals industry, which plays an essential role in rebuilding manufacturing across the value chain. 

“The good news—and there most definitely is good news—is that there is consensus across the political spectrum that onshoring manufacturing is critical for U.S. economic growth and national security,” Lundgren explained.

Radius Recycling

Radius Recycling

At Radius, we are committed to a future with less waste. We turn the old into new, enable the obsolete to become reusable, supply essential materials to critical industries, and in the process, foster more resilient communities.

Together, we are recycling today for a more sustainable tomorrow.

Radius Recycling, Inc. (formerly Schnitzer Steel Industries, Inc.) is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Radius has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. Radius began operations in 1906 in Portland, Oregon.

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