Philadelphia scrap metal prices
November 23, 2020
Philadelphia is a broker buying market serving the mid-atlantic region of the United States. Philadelphia is also a major scrap exporter for the east coast market along with New York
, and Providence, Rhode Island. During the winter months, Philadelphia is greatly affected by the harsh winter weather conditions, resulting in downtime with the local metals businesses. In turn, winter outages can severely hinder not only the domestic scrap business but the global export market as well.
Scrap Price Bulletin covers fourteen different steel and iron prices for the Philadelphia market including plate and structurals, 5 ft. and under
, machine shop turnings
, shredded scrap
, no. 1 foundry busheling
, no. 1 dealer bundles, no. 1 heavy melting to domestic consumers, no. 2 bundles, cut structural/plate 2ft max, cut structural/plate 3ft max and foundry steel, 2ft max.
Scrap Price Bulletin subscribers can read the monthly market report assessing the major price changes and explanations surrounding price movements in Philadelphia. Market reports are also published for the other 17 cities in Scrap Price Bulletin’s coverage.
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.
Prices as of September 30, 2019
Ferrous scrap prices surge in Dec on supply shortage
By Sean Barry - December 6, 2019
North American ferrous scrap prices continued to build traction in December and booked mostly $30 per gross ton gains in the north and Midwest, while prices in southern regions like Birmingham were up $40 on last month amid a lack of nearby material on the ground.