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Philadelphia scrap metal prices

June 11, 2018
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

Prices as of April 10, 2017
Low High
No. 1 hvy. melting to domestic consumers 237.00 240.00
No. 1 dealer bundles 347.00 350.00
No. 1 busheling (mill) 347.00 350.00
No. 1 foundry busheling 397.00 400.00
Shredded scrap 282.00 285.00
Machine shop turnings 232.00 235.00
Plate and structurals, 5 ft. and under 247.00 250.00
Plate and structurals, 2 ft. and under 357.00 360.00
Rails, 2 ft. and under 357.00 360.00
Other Track Material(OTM) 357.00 360.00
Cupola cast 197.00 200.00
Heavy breakable cast 147.00 150.00
No. 1 machinery cast 217.00 220.00

Market Reports

Philadelphia market continues to drop in June

By Bill Beck - June 13, 2018

Philadelphia bucked a national ferrous scrap market that was generally sideways on cut grades and up $10 on prime grades, the result of slack demand from both export yards and local mils.