Continuing Iron Age's Century-Long Tradition

New York scrap metal prices

October 22, 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 August 21, 2017
Prices delivered to export yards per gross ton on cars Low High
No. 1 hvy. melting 238.00 240.00
No. 2 hvy. melting 228.00 230.00
No. 2 bundles 178.00 180.00
Shredded scrap 278.00 280.00
No. 1 machinery cast 243.00 245.00
Mixed yard cast 243.00 245.00
18-8 bundles and solids 1,100.00 1,125.00
18-8 turnings 1,000.00 1,025.00
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 253.00 255.00
No. 2 hvy. melting 243.00 245.00
Mixed borings and turnings 158.00 160.00
Shoveling turnings 158.00 160.00
Heavy breakable cast 208.00 210.00

Market Reports

East Coast scrap prices revived on strong domestic and overseas demand

By Sean Barry - October 10, 2018

Ferrous scrap prices on the East Coast rebounded in October as robust domestic and overseas demand outweighed the impact of increased material flows over the past couple of months that led to price drops.