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Philadelphia scrap metal prices

May 22, 2017
Philadelphia is a broker buying market serving the mid-atlantic region of the United States. Philadelphia is also a major scrap exporter for the east coast market along with New York, Boston, and Providence, Rhode Island. During the winter months, Philadelphia is greatly affected by the harsh winter weather conditions, resulting in downtime with the local metals businesses. In turn, winter outages can severely hinder not only the domestic scrap business but the global export market as well.
 
Scrap Price Bulletin covers fourteen different steel and iron prices for the Philadelphia market including no.1 machinery cast, heavy breakable cast, cupola cast, other track material (OTM), rails, 2 ft. and under, plate and structurals, 5 ft. and under, machine shop turnings, shredded scrap, no. 1 foundry busheling, no. 1 dealer bundles, no. 1 busheling (mill) and no. 1 heavy melting to domestic consumers
 
Scrap Price Bulletin subscribers can read the monthly market report assessing the major price changes and explanations surrounding price movements in Philadelphia. Market reports are also published for the other 17 cities in Scrap Price Bulletin’s coverage. 
 

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.

Philadelphia
Prices as of March 21, 2016
Low High
No. 1 hvy. melting to domestic consumers 172.00 175.00
No. 1 dealer bundles 192.00 195.00
No. 1 busheling (mill) 192.00 195.00
No. 1 foundry busheling 262.00 265.00
Shredded scrap 192.00 195.00
Machine shop turnings 122.00 125.00
Plate and structurals, 5 ft. and under 182.00 185.00
Plate and structurals, 2 ft. and under 247.00 250.00
Rails, 2 ft. and under 247.00 250.00
Other Track Material(OTM) 247.00 250.00
Cupola cast 167.00 170.00
Heavy breakable cast 107.00 110.00
No. 1 machinery cast 182.00 185.00

Market Reports

Philadelphia market changes as May turns things around

By Bill Beck - May 10, 2017

With markets across much of the Midwest and the Ohio Valley trading at sideways numbers to April for most grades, buyers in Philadelphia could have been forgiven for thinking the City of Brotherly Love would get into line with neighboring markets to the west.