Continuing Iron Age's Century-Long Tradition

St. Louis scrap metal prices

February 11, 2019

St. Louis is a key player in the US’s Midwestern scrap market. The major consumers in St. Louis include US Steel’s Granite works, which makes steel used in the production for tube and pipe. Alton Steel is a primary producer for special bar quality steel (SBQ),  SSAB Montpellier produces steel plate and coil, and Keystone steel and wire produces billet, rod , rebar and industrial wire.  

The St. Louis region can extend as far south as Arkansas, including Nucor and CMC and SDI in Columbus, Mississippi.  Scrap Price Bulletin assesses a broker buying price for prime grades of scrap including no. 1 busheling, no. 1 dealer bundles. Scrap Price Bulletin also assesses pricing for no. 1 and no. 2 heavy melting and plate and structurals, 5 ft. and under, shredded scrap and machine shop turnings

To learn more about broker buying prices and Scrap Price Bulletin’s methodology, click here. 

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.

Fastmarkets SPB 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.

St. Louis
Prices as of December 4, 2017
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 214.00 215.00
No. 2 hvy. melting 204.00 205.00
No. 1 busheling 299.00 300.00
No. 1 dealer bundles 294.00 295.00
No. 2 bundles 139.00 140.00
Shredded scrap 239.00 240.00
Machine shop turnings 114.00 115.00
Shoveling turnings 114.00 115.00
Cast iron borings 129.00 130.00
No. 1 RR hvy. melting 269.00 270.00
Plate and structurals, 5 ft. and under 224.00 225.00
Unstripped motor blocks 229.00 230.00

Market Reports

Chicago And St. Louis down another $20 on prime, sideways on cut grades

By Bill Beck - February 13, 2019

General market report for Chicago and St. Louis
 
After skidding $30 in January, prices in the Chicago and St. Louis markets stabilized in February. Prime grades remained soft though, down $20 for the month, while cut grades, shredded and turnings traded at sideways prices to January.