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No. 1 busheling scrap metal prices

October 22, 2018

No. 1 busheling is a prime grade of industrial scrap metal that’s generated off the factory floors of manufacturers and other metal processing facilities. The no. 1 busheling price has been used as a key performance indicator for the United States automotive and manufacturing industries.

No. 1 busheling is defined as clean steel scrap, not exceeding 12 inches in any dimensions, including new factory busheling (for example, sheet clippings, stampings, etc.). As specified by the Institute of Scrap Recycling Industries, no. 1 busheling may not include old auto body and fender stock.  Also, this grade of ferrous scrap is free of metal coated, limed, vitreous enameled, and electrical sheet containing over 0.5 percent silicon.

No. 1 busheling is assessed by Scrap Price Bulletin reporters in twelve markets across North America including Birmingham, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Detroit, Hamilton,Ontario, Houston, Pittsburgh, South Carolina and St. Louis

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.

Fastmarkets SPB is a weekly subscription service for steel and iron scrap prices.

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.

No. 1 busheling
Prices as of August 21, 2017
Delivered to Consumer Low High
Pittsburgh - No. 1 busheling 379.00 380.00
Chicago - No. 1 busheling 372.00 373.00
Brokers' buying prices per gross ton on cars
St. Louis - No. 1 busheling 349.00 350.00
Detroit - No. 1 busheling 277.00 278.00
Cleveland - No. 1 busheling 334.00 335.00
Cincinnati - No. 1 busheling 252.00 253.00
Buffalo - No. 1 busheling 349.00 350.00
Birmingham - No. 1 busheling 294.00 295.00
South Carolina - No. 1 busheling 368.00 370.00
Prices delivered to export yards per gross ton on cars
Boston - No. 1 busheling 298.00 300.00
Brokers' buying prices per net ton on cars, in Canadian dollars
Hamilton, Ontario - No. 1 busheling 252.00     -
Brokers' buying prices per gross ton on cars
Houston - No. 1 busheling 206.00 207.00