Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

November 20, 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 September 19, 2016
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 159.00 160.00
No. 2 hvy. melting 149.00 150.00
No. 1 busheling 214.00 215.00
No. 1 dealer bundles 209.00 210.00
No. 2 bundles 64.00 65.00
Shredded scrap 199.00 200.00
Machine shop turnings 79.00 80.00
Mixed borings and turnings 79.00 80.00
Shoveling turnings 79.00 80.00
Cast iron borings 79.00 80.00
Plate and structurals, 5 ft. and under 194.00 195.00
Plate and structurals, 2 ft. and under 234.00 235.00
Rails, 2 ft. and under 279.00 280.00
Rails, random length 199.00 200.00
No. 1 machinery cast 209.00 210.00
Cupola cast 189.00 190.00

Market Reports

Balanced market keeps East Coast prices flat in November, prime down $10

By Sean Barry - November 15, 2017

Ferrous scrap prices on the East Coast generally traded sideways in November as demand domestically and from overseas remained stable, while material flowing into the yards was steady.

Ferrous scrap prices on the East Coast generally traded sideways in November as demand domestically and from overseas remained stable, while material flowing into the yards was steady.