Continuing Iron Age's Century-Long Tradition

Pittsburgh scrap metal prices

January 13, 2020

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 November 5, 2018
Low High
No. 1 hvy. melting 319.00 320.00
No. 2 hvy. melting 309.00 310.00
No. 1 dealer bundles 379.00 380.00
No. 2 bundles 199.00 200.00
No. 1 busheling 399.00 400.00
Shredded scrap 349.00 350.00
Machine shop turnings 199.00 200.00
Shoveling turnings 199.00 200.00
Cast iron borings 199.00 200.00
Plate and structurals, 5 ft. and under 344.00 345.00
Punchings and plate 589.00 590.00
Foundry steel, 2 ft. and under 304.00 305.00
Heavy turnings 219.00 220.00
No. 1 RR hvy. melting 384.00 385.00
Rails, 2 ft. and under 444.00 445.00
Rails, random length 364.00 365.00
RR specialties 404.00 405.00
No. 1 machinery cast 379.00 380.00
Cupola cast 334.00 335.00
Heavy breakable cast 289.00 290.00
Stainless: 18-8 bundles and solids 1,130.00 1,155.00
18-8 turnings 1,030.00 1,055.00
Processor/brokers' buying prices
18-8 bundles and solids 1,150.00 1,175.00
18-8 turnings 1,050.00 1,075.00

Market Reports

Strong demand and tight supply boosts ferrous scrap again in Jan

By Sean Barry - January 13, 2020

The North American ferrous market started the New Year with a bang as prices rose $30 per gross ton across the board in nearly all areas of the country amid strong buying activity by domestic steel mills and inventories remained under pressure.