Continuing Iron Age's Century-Long Tradition

Los Angeles scrap metal prices

December 10, 2018

Los Angeles is a pivotal west coast export market for ferrous scrap, covered by Scrap Price Bulletin. Los Angeles and the adjoining Port of Long Beach are the largest west coast ports exporting scrap across the Pacific to China, Japan, South Korea, Vietnam, India and Thailand.

Scrap Price Bulletin assesses several grades of delivered to consumer ferrous scrap prices including no. 1 heavy melting, shredded scrap, no. 1 dealer bundles, machine shop turnings, shoveling turnings, electric furnace 1 ft. and under (foundry) and cupola cast for the Los Angeles region. Scrap Price Bulletin assesses no. 1 heavy melting and shredded scrap export yard prices. 

In addition to Los Angeles, Scrap Price Bulletin reporters assess pricing in 18 major markets in the North American ferrous scrap markets each week, talking to a broad sample of market participants involved in the buying and selling of steel and iron scrap.

Every month, Scrap Price Bulletin publishes a regional market reports for Los Angeles that details specific transactions and viewpoints in each region including consumer viewpoints from Gerdau Long Steel North America’s Tamco facility, which is an EAF mini-mill producing rebar and California Steel producing flat rolled steel and ERW pipe.

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.

Los Angeles
Prices as of October 9, 2017
Prices delivered to export yards per gross ton on cars Low High
No. 1 hvy. melting 118.00 120.00
Shredded scrap 138.00 140.00
Prices delivered to domestic consumers per gross ton on cars
No. 1 hvy. melting 143.00 145.00
Shredded scrap 158.00 160.00
No. 1 dealer bundles 203.00 205.00
Machine shop turnings 73.00 75.00
Shoveling turnings 73.00 75.00
Elec. furnace, 1 ft. and under (foundry) 103.00 105.00
Cupola cast 98.00 100.00

Market Reports

Southern California domestic and export markets both off

By Bill Beck - December 12, 2018

For the second straight month, Southern California and the West Coast were part of a two-tier national market. While markets across a broad swath of North America were sideways, markets in Southern California were off across the board. Weak export sales dropped prices $15 on the docks after dropping $10 last month. Prices at domestic mills were off $10 in December.