April 15, 2019
Low residual ductile quality shredded clips are defined as shredded black 1000 series carbon steel scrap. The thickness of this metal grade is 1/8 inch and over, and the minimum average density is roughly 75 PCF. Additionally, low residual ductile quality shredded clips must not contain any more than 0.50 percent of manganese, as specified by the Institute of Scrap Recycling Industries. Similar to low residual black foundry busheling, the sale of low residual ductile quality shredded clips grade is subject to the agreement between the supplier and consumer.
Scrap Price Bulletin provides pricing for low residual ductile quality shredded clips in the Chicago
market. It is a delivered to consumer price that is updated weekly with low and high pricing.
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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