Continuing Iron Age's Century-Long Tradition

St. Louis scrap metal prices

May 20, 2019

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 March 12, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 304.00 305.00
No. 2 hvy. melting 294.00 295.00
No. 1 busheling 349.00 350.00
No. 1 dealer bundles 344.00 345.00
No. 2 bundles 229.00 230.00
Shredded scrap 329.00 330.00
Machine shop turnings 204.00 205.00
Shoveling turnings 204.00 205.00
Cast iron borings 219.00 220.00
No. 1 RR hvy. melting 359.00 360.00
Plate and structurals, 5 ft. and under 314.00 315.00
Unstripped motor blocks 299.00 300.00

Market Reports

Chicago and St. Louis off $30 on most grades

By Bill Beck - May 15, 2019

Prices in Chicago and St. Louis were off a solid $30 in May, putting prices $50 to $60 below where they were at the end of March. Logistics problems, including sustained flooding on the Upper Mississippi River, is making it difficult to ship scrap out of the Chicago district. As a result, material, particularly busheling and bundles, is backing up into Chicago and Indiana.