Mixed borings and turnings scrap metal prices
June 21, 2021
At the steel maker, turnings and borings are typically put into an electric arc furnace (EAF). Today, there are less industrial plants providing borings and in many instances, there are limits on the amount of borings that a steel mill will accept due to low yield and other various issues associated with the metal. Because of this, there are typically more turnings added to the charge, when the steel mill starts adding raw materials to the electric arc furnace (EAF). Turnings are a purposeful material for the steel making process because it is a naturally greasy product that melts fast. When entering the charge, the turnings quickly melt to the bottom, providing a protective layer between the charge and the rest of the melting scrap material.
Mixed borings and turnings contain clean steel or wrought iron turnings and are free of badly rusted or corroded stock. They may also include iron borings or nonferrous metals that are in a free state, scale, or excessively oily. This definition is specified by the Institute of Scrap Recycling Industries.
Scrap Price Bulletin publishes mixed borings and turnings pricing in several markets across North America including New York
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Mixed borings and turnings
Prices as of April 20, 2020