December 10, 2018
Cast iron borings can be used in a variety of different industrial applications. They can also be used to manufacture various other products. Iron borings, also commonly known as swarf, chips, fillings or shavings, are the particles of debris or waste resulting from the manufacturing process. Recycling cast iron boring is important due to safety and environmental reasons. Borings can cause serious injury if not handled correctly, as well as persisting in the environment for a long time before degrading. After the borings are created, any liquids or oils are removed by using a centrifuge, which separates the liquid from the metal. This separation allows the material to be reclaimed and prepared for further treatment. Recycling these scraps are highly valued, as they generally return more profit than the cost of handling and transportation.
Cast iron borings, as specified by the Institute of Scrap Recycling Industries, are clean cast iron or malleable iron borings and drillings, which are free of steel turnings, scale, lumps or excessive oil. Pricing markets include: Consumer markets – Pittsburgh and Chicago; Brokers buying – St. Louis, Detroit, Cleveland, Cincinnati, Buffalo, Birmingham and Hamilton, Ontario. Details about Scrap Price Bulletin’s pricing methodology can be found here.
Fastmarkets SPB publishes more than 50 steel and iron scrap price grades and reports on 18 major North American ferrous scrap markets. Click here to visit the about our prices page or to find additional steel scrap terms, visit the glossary page.
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Subscribers benefit from regional scrap prices for Birmingham, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Detroit, Hamilton, ON, Houston, Los Angeles, New York, Philadelphia, Pittsburgh, San Francisco, Seattle-Portland, South Carolina, St. Louis, and Youngstown assessed every week. To see a sample price sheet, download a sample issue below or take out a free trial to experience scrappricebulletin.com.