Continuing Iron Age's Century-Long Tradition

Pittsburgh scrap metal prices

June 24, 2019

Pittsburgh is mainly a consumer buying scrap market with limited concentration with processors/brokers. Scrap Price Bulletin produces pricing and trends analysis for no. 1 heavy melting no. 1 dealer bundles, no. 2 bundles, no. 1 busheling, shredded scrap, machine shop turningscast iron borings, plate and structurals 5 ft. & under, punchings and plate, rails 2  ft. & undercupola cast, heavy breakable cast and stainless 18-8 bundles and solids.

For processors/brokers, Scrap Price Bulletin covers 18-8 bundles and solids and 18-8 turnings. The mills nearby the Pittsburgh market are Elwood, US Steel ET Works, AK Butler, Timken, Republic, Koppel, Standard Steel and assorted neighboring mills in Ohio.

Geographically nearby, Youngstown, Cleveland, Cincinnati, Chicago, Detroit, St. Louis, Buffalo, Philadelphia, Boston and New York are also covered in depth by Scrap Price Bulletin’s pricing reports. The regional market reports Scrap Price Bulletin provides gives you a complete view of the US Northern Midwest and Northeast 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.  To see a sample price sheet, download a sample issue below or take out a free trial to experience scrappricebulletin.com.

Pittsburgh
Prices as of April 16, 2018
Low High
No. 1 hvy. melting 364.00 365.00
No. 2 hvy. melting 354.00 355.00
No. 1 dealer bundles 369.00 370.00
No. 2 bundles 239.00 240.00
No. 1 busheling 389.00 390.00
Shredded scrap 389.00 390.00
Machine shop turnings 244.00 245.00
Shoveling turnings 244.00 245.00
Cast iron borings 244.00 245.00
Plate and structurals, 5 ft. and under 384.00 385.00
Punchings and plate 619.00 620.00
Foundry steel, 2 ft. and under 334.00 335.00
Heavy turnings 249.00 250.00
No. 1 RR hvy. melting 414.00 415.00
Rails, 2 ft. and under 474.00 475.00
Rails, random length 394.00 395.00
RR specialties 434.00 435.00
No. 1 machinery cast 404.00 405.00
Cupola cast 369.00 370.00
Heavy breakable cast 314.00 315.00
Stainless: 18-8 bundles and solids 1,430.00 1,455.00
18-8 turnings 1,330.00 1,355.00
Processor/brokers' buying prices
18-8 bundles and solids 1,425.00 1,450.00
18-8 turnings 1,325.00 1,350.00

Market Reports

Soft demand keeps market under pressure in June

By Sean Barry - June 11, 2019

The ferrous scrap market in the United States continued to be pummeled in June in the wake of diminished demand and a lingering oversupply of material, with most grades losing another $30 compared with the month prior.