Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

October 22, 2018

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.

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.

Buffalo
Prices as of August 21, 2017
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 244.00 245.00
No. 2 hvy. melting 234.00 235.00
No. 1 busheling 349.00 350.00
No. 1 dealer bundles 339.00 340.00
No. 2 bundles 139.00 140.00
Shredded scrap 269.00 270.00
Machine shop turnings 144.00 145.00
Mixed borings and turnings 144.00 145.00
Shoveling turnings 144.00 145.00
Cast iron borings 144.00 145.00
Plate and structurals, 5 ft. and under 264.00 265.00
Plate and structurals, 2 ft. and under 304.00 305.00
Rails, 2 ft. and under 359.00 360.00
Rails, random length 274.00 275.00
No. 1 machinery cast 299.00 300.00
Cupola cast 264.00 265.00

Market Reports

East Coast scrap prices revived on strong domestic and overseas demand

By Sean Barry - October 10, 2018

Ferrous scrap prices on the East Coast rebounded in October as robust domestic and overseas demand outweighed the impact of increased material flows over the past couple of months that led to price drops.