Continuing Iron Age's Century-Long Tradition

St. Louis scrap metal prices

June 24, 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 April 16, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 324.00 325.00
No. 2 hvy. melting 314.00 315.00
No. 1 busheling 359.00 360.00
No. 1 dealer bundles 354.00 355.00
No. 2 bundles 249.00 250.00
Shredded scrap 344.00 345.00
Machine shop turnings 214.00 215.00
Shoveling turnings 214.00 215.00
Cast iron borings 229.00 230.00
No. 1 RR hvy. melting 369.00 370.00
Plate and structurals, 5 ft. and under 334.00 335.00
Unstripped motor blocks 309.00 310.00

Market Reports

Chicago, St. Louis markets down sharply again

By Bill Beck - June 11, 2019

Prices that tumbled another $30 in the Chicago and St. Louis markets in June have some brokers that sell into the region’s foundries thinking that decreased flow in the coming months will finally send prices back on an upward trend.