January 18, 2022
Plate and structural scrap, often referred to as P&S in the scrap industry, is a cut grade of ferrous scrap, presumed to be free of any contaminates. It is most commonly associated with building construction and demolition, but can also be found amongst electric arc furnace casting and foundry material.
Low alloy plate and structural scrap 2 ft. and under consists of clean open hearth steel plates, structural shapes, crop ends, shearings, or broken steel tires. Dimensions not less than 1/4 inch in thickness, not over 2 feet in length and 18 inches in width. Phosphorus or sulphur not over 0.05 percent, as specified by the Institute of Scrap Recycling Industries.
Scrap Price Bulletin produces brokers’ buying prices for plate and structural scrap in several markets across North America including Birmingham
. Scrap Price Bulletin covers consumer buying prices for plate and structural scrap in Philadelphia
and South Carolina
. However, the low alloy grade is only covered in Chicago’s
consumer scrap market.
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.
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