Continuing Iron Age's Century-Long Tradition

New York scrap metal prices

May 22, 2017
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.

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.

New York
Prices as of March 21, 2016
Prices delivered to export yards per gross ton on cars Low High
No. 1 hvy. melting 123.00 125.00
No. 2 hvy. melting 113.00 115.00
No. 2 bundles 83.00 85.00
Shredded scrap 138.00 140.00
No. 1 machinery cast 133.00 135.00
Mixed yard cast 133.00 135.00
Stainless
18-8 bundles and solids 875.00 900.00
18-8 turnings 775.00 800.00
430 bundles and solids 300.00 325.00
410 bundles and solids 200.00 225.00
Brokers' buying prices for domestic markets per gross ton on cars
No. 1 hvy. melting 133.00 135.00
No. 2 hvy. melting 123.00 125.00
Mixed borings and turnings 38.00 40.00
Shoveling turnings 38.00 40.00
Heavy breakable cast 108.00 110.00

Market Reports

Export drops slightly, while domestic prices unchanged in New York

By John Ambrosia - May 10, 2017

Export markets in the Northeast were slightly weaker in late April and early May as Turkish demand decreased. This had a small effect on prices in New York, which were down on all grades based in part on Turkey’s actions. New York domestic markets were sideways.