March 12, 2018
No. 2 bundles is a prime grade of industrial ferrous scrap and is old black and galvanized steel sheet scrap, hydraulically compressed to charging box size and weighing not less than 75 pounds per cubic foot. This grade of scrap may not include tin or lead-coated material or vitreous enameled material. This definition is specified by the Institute of Scrap Recycling Industries and listed in their annual scrap specifications circular.
Depending on the market, Scrap Price Bulletin either assesses the material prices as a broker buying price, delivered to consumer price, or export yard price.
For more information on Scrap Price Bulletin’s pricing methodology visit the methodology
Scrap Price Bulletin 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.
Scrap Price Bulletin 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.