July 19, 2021
Logistics and transportation are vitally important when it comes to any successful steel mill or mini-mill business. Some mills depend heavily on the US railway system to transport their scrap metal. But when it comes time to lay new track material, old rail has got to go. And sometimes, it’s not just the rails themselves that become profitable scrap material—it’s all the “other” components of rail scrap. Scrap Price Bulletin refers to this material as “railroad specialties,” as it includes particularly specialized material.
Railroad specialties includes railroad spikes, track bolts and nuts, tie plates, rail joints, angle bars, couplers, knuckler, and steel wheels not over 42 inches in diameter. This material may not include bolsters, side frames or other alloy suspect items, as specified by the Institute of Scrap Recycling Industries.
Scrap Price Bulletin offers coverage of railroad specialty scrap in Pittsburgh’s
consumer buying 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.
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. Subscribe to Fastmarkets SPB today to get access to our regional scrap prices.