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St. Louis scrap metal prices

December 10, 2018

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, and no. 2 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, machine shop turnings, shoveling turnings, cast iron borings, no. 1 RR heavy melting, and unstripped motor blocks

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

St. Louis
Prices as of October 9, 2017
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 214.00 215.00
No. 2 hvy. melting 204.00 205.00
No. 1 busheling 309.00 310.00
No. 1 dealer bundles 304.00 305.00
No. 2 bundles 139.00 140.00
Shredded scrap 239.00 240.00
Machine shop turnings 114.00 115.00
Shoveling turnings 114.00 115.00
Cast iron borings 129.00 130.00
No. 1 RR hvy. melting 269.00 270.00
Plate and structurals, 5 ft. and under 224.00 225.00
Unstripped motor blocks 229.00 230.00

Market Reports

St. Louis scrap prices hold steady in December despite slight uptick in flows

By Sean Barry - December 12, 2018

Prices for ferrous scrap in St. Louis consolidated gains made over the past two months as a slight increase in material flows put a dent in expectations earlier in the month that prices would rise again before the year-end.