December 10, 2018
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. In this scenario, the rails take on a different role—as profitable scrap yard material in their own right. This material is sometimes classified as reroller rails, or “Rail, Steel No. 1.”
Reroller rail scrap includes standard section tee rails, original weight 50 pounds per yard or heavier (non-alloy) which are free of all attachments, no excessive pitting, and free of all debris (concrete, mud, etc.). Rails must be commercially straight, and generally are 10 feet long and over, weighing 80 lbs per yard and heavier. Suitable for rerolling into bars and shapes. Free from bent and twisted rails, frog, switch, and guard rails, or rails with split heads and broken flanges. Continuous welded rail may be included provided no weld is over 9 inches from the end of the piece of rail, as specified by the Institute of Scrap Recycling Industries.
Scrap Price Bulletin offers coverage of reroller rail scrap in Chicago’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. To see a sample price sheet, download a sample issue below or take out a free trial to experience scrappricebulletin.com.