Steel Pacific Recycling is the largest recycling company on Vancouver Island. Through its network of handling yards, the company procures both ferrous and non-ferrous metals from over 700 industrial suppliers. The materials are delivered to its processing site, where they are shredded and then shipped to U.S. and Asian markets to be used as feedstock in the re-manufacturing of new steel products.

On December 15, 2010, Yellow Point successfully exited its investment in Steel Pacific when the company was acquired by Schnitzer Steel Industries, a Fortune 1000 metal recycling company.