Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

July 17, 2017

Buffalo is a broker buying market that is driven nearly exclusively by Nucor Steel Auburn, Inc., a mill that according to its website specializes in carbon steel angles, channels, flats, reinforcing bars, rounds and squares. Scrap Price Bulletin’s coverage of the Buffalo market includes pricing for a wide range of scrap grades—including prime, cut, frag and foundry material.

Scrap Price Bulletin produces steel and iron scrap prices for no. 1 heavy melting, no. 2 heavy melting, no. 1 busheling, no. 1 dealer bundles, no. 2 bundles, shredded scrap, machine shop turnings, mixed borings and turnings, shoveling turnings, cast iron borings, plate and structural scrap (2 ft. and under and 5 ft. and under), rail scrap (2 ft. and under and random length), no. 1 machinery cast and cupola cast.

In addition to Buffalo, Scrap Price Bulletin features weekly price assessments and regional market reports focused on more than 15 major North American ferrous scrap markets. The extensive weekly market reports call attention to specific pricing trends while offering valuable insights into market behaviors.

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.

Buffalo
Prices as of May 16, 2016
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 224.00 225.00
No. 2 hvy. melting 214.00 215.00
No. 1 busheling 254.00 255.00
No. 1 dealer bundles 249.00 250.00
No. 2 bundles 114.00 115.00
Shredded scrap 264.00 265.00
Machine shop turnings 114.00 115.00
Mixed borings and turnings 114.00 115.00
Shoveling turnings 114.00 115.00
Cast iron borings 114.00 115.00
Plate and structurals, 5 ft. and under 239.00 240.00
Plate and structurals, 2 ft. and under 279.00 280.00
Rails, 2 ft. and under 329.00 330.00
Rails, random length 249.00 250.00
No. 1 machinery cast 254.00 255.00
Cupola cast 234.00 235.00

Market Reports

Prices fall on all but prime grades in the Buffalo markets

By John Ambrosia - June 14, 2017

A number of grades were down this month, with prices falling on all but the prime grades. Local mills were less aggressive and dealers and brokers had enough material to meet demand.