Stove plate scrap metal prices
November 30, 2020
The term stove plate can be broken down to be better understood. Stove is used to describe the method in which the metal is heated and melted, while plate describes what shape the metal takes. Metal becomes classified as plate metal once it reaches a thickness of 6mm. This material is generally used in circumstances where strength and durability are important.
Stove plate scrap must be free from malleable and steel parts, window weights, plow points, or burnt cast iron as defined by the Institute of Scrap Recycling Industries. The advantage of using stove plate scrap in a mixture for machinery castings is that this particular scrap ensures close-grained castings. It is almost certain that stove plate scrap will contain between 2.5-2.75% silicon, sulfur not above .08-.10% and average phosphorus of about 1%. Due to this mixture, the grain should be found to be very close.
Pricing for stove plates is primarily in the consumer buying Chicago market.
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Prices as of October 7, 2019