Continuing Iron Age's Century-Long Tradition

Detroit scrap metal prices

June 21, 2021

Detroit, Michigan is a broker buying market central to the United States steel manufacturing market.  

Scrap Price Bulletin produces steel and iron prices for no. 1 heavy melting, no. 1 dealer bundles, no. 1 busheling, shredded scrap, plate and structural, 5 ft. and under, machine shop turnings and cast iron borings.

Our reporters assess pricing in 18 major markets in the North American ferrous scrap markets each week, talking to a broad sample of market participants involved in the buying and selling of steel and iron scrap. In addition to material pricing, Scrap Price Bulletin publishes regional market reports each month for Detroit that detail specific transactions and viewpoints in each region. Detroit’s market report and pricing are reported and updated consistently and with the latest data and pricing information each week.

Geographically nearby, Chicago, Cleveland and Hamilton, Ontario are also covered in depth by Scrap Price Bulletin’s reporters for pricing and regional market reports, giving you a complete view of the US Northern Midwest and Canadian scrap markets as they often relate to each other.

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.

Detroit
Prices as of April 20, 2020
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Market Reports

Detroit, Ontario markets up sharply in June trading

By Bill Beck - June 10, 2021

Detroit was once again the first major market in North American ferrous scrap trading out of the chute in early June, with an offer to purchase prime grade scrap at a $60 premium from last month’s pricing, and up $50 on cut grades and shredded from May.