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No. 1 hvy. melting scrap metal prices

November 19, 2018

No. 1 heavy melting is a cut grade of scrap comprised of obsolete scrap including not but limited to wrought iron fencing and railings, demolition debris like beams or automotive metals and is often abbreviated HMS1. The definition for no. 1 heavy melting is wrought iron and/or steel scrap 1/4 inch and over in thickness. Individual pieces not over 60 x 24 inches (charging box size) prepared in a manner to insure compact charging, as specified by the Institute of Scrap Recycling Industries.

Scrap Price Bulletin publishes a no. 1 heavy melting price in seventeen markets across North America including Birmingham, Boston, Buffalo, Chicago, Cincinnati, Cleveland, Detroit, Hamilton/Ontario, Houston, Los Angeles, New York, Pittsburgh, San Francisco, Seattle-Portland, South Carolina, St. Louis, and Youngstown

Depending on the market, Scrap Price Bulletin will assess this material as a broker buying price, price delivered to consumer or export yard price.  For more information on Scrap Price Bulletin’s pricing methodology, visit the methodology page.

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 hvy. melting
Prices as of September 18, 2017
Delivered to Consumer Low High
Pittsburgh - No. 1 hvy. melting 294.00 295.00
Chicago - No. 1 hvy. melting 287.00 288.00
Brokers' buying prices per gross ton on cars
St. Louis - No. 1 hvy. melting 244.00 245.00
Detroit - No. 1 hvy. melting 154.00 155.00
Cleveland - No. 1 hvy. melting 274.00 275.00
Cincinnati - No. 1 hvy. melting 239.00 240.00
Youngstown - No. 1 hvy. melting 274.00 275.00
Buffalo - No. 1 hvy. melting 254.00 255.00
Birmingham - No. 1 hvy. melting 147.00 148.00
South Carolina - No. 1 hvy. melting 278.00 280.00
Prices delivered to export yards per gross ton on cars
New York - No. 1 hvy. melting 253.00 255.00
Brokers' buying prices for domestic markets per gross ton on cars
New York - No. 1 hvy. melting 268.00 270.00
Prices delivered to export yards per gross ton on cars
Boston - No. 1 hvy. melting 233.00 235.00
Los Angeles - No. 1 hvy. melting 138.00 140.00
Prices delivered to domestic consumers per gross ton on cars
Los Angeles - No. 1 hvy. melting 163.00 165.00
Prices delivered to export yards per gross ton on cars
San Francisco - No. 1 hvy. melting 138.00 140.00
Seattle-Portland - No. 1 hvy. melting 143.00 145.00
Prices delivered to domestic consumers per gross ton on cars
Seattle-Portland - No. 1 hvy. melting 178.00 180.00
Brokers' buying prices per net ton on cars, in Canadian dollars
Hamilton, Ontario - No. 1 hvy. melting 167.00     -
Brokers' buying prices per gross ton on cars
Houston - No. 1 hvy. melting 176.00 177.00