Continuing Iron Age's Century-Long Tradition

St. Louis scrap metal prices

January 13, 2020

St. Louis is a key player in the US’s Midwestern scrap market. The major consumers in St. Louis include US Steel’s Granite works, which makes steel used in the production for tube and pipe. Alton Steel is a primary producer for special bar quality steel (SBQ),  SSAB Montpellier produces steel plate and coil, and Keystone steel and wire produces billet, rod , rebar and industrial wire.  

The St. Louis region can extend as far south as Arkansas, including Nucor and CMC and SDI in Columbus, Mississippi.  Scrap Price Bulletin assesses a broker buying price for prime grades of scrap including no. 1 busheling, no. 1 dealer bundles. Scrap Price Bulletin also assesses pricing for no. 1 and no. 2 heavy melting and plate and structurals, 5 ft. and under, shredded scrap and machine shop turnings

To learn more about broker buying prices and Scrap Price Bulletin’s methodology, click here. 

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.

St. Louis
Prices as of November 5, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 284.00 285.00
No. 2 hvy. melting 274.00 275.00
No. 1 busheling 369.00 370.00
No. 1 dealer bundles 364.00 365.00
No. 2 bundles 209.00 210.00
Shredded scrap 304.00 305.00
Machine shop turnings 169.00 170.00
Shoveling turnings 169.00 170.00
Cast iron borings 184.00 185.00
No. 1 RR hvy. melting 339.00 340.00
Plate and structurals, 5 ft. and under 289.00 290.00
Unstripped motor blocks 279.00 280.00

Market Reports

Chicago, St. Louis markets up another $30

By Bill Beck - January 13, 2020

When Detroit mills quickly settled early last week at up $30 across the board from December prices, there was some concern that Chicago mills might hold out for a $20 premium to December pricing. But by late last Tuesday, mills from Iowa and Nebraska south to the Ohio River had all fallen in line with the $30 increase, the third double digit bump since last November.