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St. Louis scrap metal prices

October 22, 2018

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, and no. 2 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, machine shop turnings, shoveling turnings, cast iron borings, no. 1 RR heavy melting, and unstripped motor blocks

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

St. Louis
Prices as of August 21, 2017
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 244.00 245.00
No. 2 hvy. melting 234.00 235.00
No. 1 busheling 349.00 350.00
No. 1 dealer bundles 344.00 345.00
No. 2 bundles 179.00 180.00
Shredded scrap 269.00 270.00
Machine shop turnings 144.00 145.00
Shoveling turnings 144.00 145.00
Cast iron borings 159.00 160.00
No. 1 RR hvy. melting 299.00 300.00
Plate and structurals, 5 ft. and under 254.00 255.00
Unstripped motor blocks 259.00 260.00

Market Reports

St. Louis scrap prices bounce back in October

By Sean Barry - October 10, 2018

Ferrous scrap in St. Louis clicked back up in October after suffering two straight months of price drops as mills and foundries continued to report strong order books and supplies of certain grades waned.