Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

February 20, 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 December 12, 2016
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 209.00 210.00
No. 2 hvy. melting 199.00 200.00
No. 1 busheling 254.00 255.00
No. 1 dealer bundles 249.00 250.00
No. 2 bundles 114.00 115.00
Shredded scrap 244.00 245.00
Machine shop turnings 119.00 120.00
Mixed borings and turnings 119.00 120.00
Shoveling turnings 119.00 120.00
Cast iron borings 119.00 120.00
Plate and structurals, 5 ft. and under 234.00 235.00
Plate and structurals, 2 ft. and under 274.00 275.00
Rails, 2 ft. and under 329.00 330.00
Rails, random length 239.00 240.00
No. 1 machinery cast 259.00 260.00
Cupola cast 234.00 235.00

Market Reports

East Coast markets drift sideways in Feb on export slowdown

By Sean Barry - February 14, 2018

A recent spate of price increases for ferrous scrap on the East Coast came to a sudden halt in February as an easing in export demand neutralized a slight tightness in certain grades due to the lingering effects of severe winter weather.