Continuing Iron Age's Century-Long Tradition

New York scrap metal prices

December 10, 2018
Ferrous scrap markets in New York are tied to the domestic consumer market and exports to Turkey. New York is a broker buying and scrap export market serving the United States and international scrap markets. 
Scrap Price Bulletin covers fifteen different steel and prices for the New York market including: no. 1 heavy melting, no. 2 heavy melting, no. 2 bundles, shredded scrap, no. 1 machinery cast, mixed yard cast, mixed borings and turnings, shoveling turnings, heavy breakable cast and the following stainless steel grades: 18-8 bundles and solids, 18-8 turnings, 430 bundles and solids, and 410 bundles and solids. Scrap Price Bulletin reports on the prices as delivered to the export yards per gross ton on cars or delivered to consumer or brokers’ buying. For detailed information about pricing methodology, refer to the methodology page here.
Additionally, Scrap Price Bulletin also covers the brokers' buying prices for domestic markets per gross ton on cars on the following grades in New York: no. 1 heavy melting, no. 2 heavy melting, mixed borings and turnings, shoveling turnings, and heavy breakable cast. Pricing fluctuations are covered in the monthly market reports.

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.

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New York
Prices as of October 9, 2017
Prices delivered to export yards per gross ton on cars Low High
No. 1 hvy. melting 218.00 220.00
No. 2 hvy. melting 208.00 210.00
No. 2 bundles 153.00 155.00
Shredded scrap 258.00 260.00
No. 1 machinery cast 228.00 230.00
Mixed yard cast 228.00 230.00
18-8 bundles and solids 1,125.00 1,150.00
18-8 turnings 1,025.00 1,050.00
430 bundles and solids 220.00 245.00
410 bundles and solids 220.00 245.00
Brokers' buying prices for domestic markets per gross ton on cars
No. 1 hvy. melting 233.00 235.00
No. 2 hvy. melting 223.00 225.00
Mixed borings and turnings 143.00 145.00
Shoveling turnings 143.00 145.00
Heavy breakable cast 193.00 195.00

Market Reports

Weaker export market pushes prices lower on the East Coast

By Sean Barry - December 12, 2018

Ferrous scrap prices on the East Coast succumbed to downside pressure in December as sluggish sales to overseas buyers forced exporters to lower their numbers – boosting domestic supply flows.