Rebar processing tool designed for use in scrap processing, concrete and rebar recycling and structural demolition applications. Designed to cut rebar in to 16-inch lengths, it makes two sequential cuts each time the jaws close. The shear incorporates 10 cutting blades which are four-way indexable and two identical piercing tips which are both two-way indexable. It can be fit to excavators in the 65 to 110,000 range and can be used with or without a coupler.