Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

May 22, 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 March 21, 2016
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 139.00 140.00
No. 2 hvy. melting 129.00 130.00
No. 1 busheling 174.00 175.00
No. 1 dealer bundles 169.00 170.00
No. 2 bundles 34.00 35.00
Shredded scrap 179.00 180.00
Machine shop turnings 29.00 30.00
Mixed borings and turnings 29.00 30.00
Shoveling turnings 29.00 30.00
Cast iron borings 29.00 30.00
Plate and structurals, 5 ft. and under 159.00 160.00
Plate and structurals, 2 ft. and under 199.00 200.00
Rails, 2 ft. and under 264.00 265.00
Rails, random length 184.00 185.00
No. 1 machinery cast 189.00 190.00
Cupola cast 169.00 170.00

Market Reports

Buffalo markets hold steady for May

By John Ambrosia - May 10, 2017

Although secondary grades were in greater demand this month than the prime grades, prices were sideways across the board, as slightly reduced mill demand and tighter inventories kept supply and demand in balance.