Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

June 11, 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.

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 April 10, 2017
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 239.00 240.00
No. 2 hvy. melting 229.00 230.00
No. 1 busheling 339.00 340.00
No. 1 dealer bundles 329.00 330.00
No. 2 bundles 139.00 140.00
Shredded scrap 264.00 265.00
Machine shop turnings 139.00 140.00
Mixed borings and turnings 139.00 140.00
Shoveling turnings 139.00 140.00
Cast iron borings 139.00 140.00
Plate and structurals, 5 ft. and under 259.00 260.00
Plate and structurals, 2 ft. and under 299.00 300.00
Rails, 2 ft. and under 354.00 355.00
Rails, random length 269.00 270.00
No. 1 machinery cast 184.00 185.00
Cupola cast 259.00 260.00

Market Reports

Soft export trade keeps East Coast markets under pressure in June

By Sean Barry - June 13, 2018

Prices for ferrous scrap on the East Coast continued to face downside pressure in June as export prices drifted lower on slack overseas demand and pushed more material into local markets, while supply levels domestically were boosted by higher generation levels.