November 23, 2020
Cleveland’s ferrous scrap market is primarily broker buying centered, while its stainless scrap pricing is determined by dealers’ buying prices. Major contributing mills in the Cleveland region are Timken, Elwood, Koppel, Standard Steel, Steelton, AK Butler and V&M Star. Prices in this region are heavily dependent on the changing demands of the ferrous export market, combined with mill demand and domestic scrap supply. Scrap Price Bulletin’s coverage of the Cleveland market includes pricing for a wide range of scrap grades—including prime, cut, frag and foundry material.
Scrap Price Bulletin produces steel and iron scrap prices for no. 1 heavy melting, no. 1 busheling, no. 1 dealer bundles, shredded scrap, machine shop turnings, plate and structural scrap (2 ft. and under and 5 ft. and under), punchings and plate. Stainless scrap price assessments are given for 18-8 bundles and solids, 18-8 turnings and 430 bundles and solids.
In addition to Cleveland, Scrap Price Bulletin features weekly price assessments and regional market reports focused on more than 15 major North American ferrous scrap markets. The extensive weekly market reports call attention to specific pricing trends while offering valuable insights into market behaviors.
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.