Continuing Iron Age's Century-Long Tradition

Philadelphia scrap metal prices

July 17, 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 May 16, 2016
Low High
No. 1 hvy. melting to domestic consumers 257.00 260.00
No. 1 dealer bundles 287.00 290.00
No. 1 busheling (mill) 287.00 290.00
No. 1 foundry busheling 352.00 355.00
Shredded scrap 290.00 293.00
Machine shop turnings 187.00 190.00
Plate and structurals, 5 ft. and under 267.00 270.00
Plate and structurals, 2 ft. and under 332.00 335.00
Rails, 2 ft. and under 332.00 335.00
Other Track Material(OTM) 332.00 335.00
Cupola cast 257.00 260.00
Heavy breakable cast 177.00 180.00
No. 1 machinery cast 272.00 275.00

Market Reports

Philadelphia market strong sideways for July

By Bill Beck - July 12, 2017

Last month’s weak sideways in Philadelphia, in which shredded grades dropped $10 and everything else remained the same for May did a turnaround in July. This time, prime grades, foundries, and cast grades were all sideways while cut grades and shredded were up $10.