Continuing Iron Age's Century-Long Tradition

Buffalo scrap metal prices

July 15, 2019

Buffalo is a broker buying market that is driven nearly exclusively by Nucor Steel Auburn, Inc., a mill that according to its website specializes in carbon steel angles, channels, flats, reinforcing bars, rounds and squares. Scrap Price Bulletin’s coverage of the Buffalo market includes pricing for a wide range of scrap grades—including prime, cut, frag and foundry material.

Scrap Price Bulletin produces steel and iron scrap prices for no. 1 heavy melting, no. 1 bushelingshredded scrap, machine shop turnings, plate and structural scrap (2 ft. and under and 5 ft. and under)

 

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.

Buffalo
Prices as of May 7, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 309.00 310.00
No. 2 hvy. melting 299.00 300.00
No. 1 busheling 349.00 350.00
No. 1 dealer bundles 339.00 340.00
No. 2 bundles 194.00 195.00
Shredded scrap 336.00 337.00
Machine shop turnings 194.00 195.00
Mixed borings and turnings 194.00 195.00
Shoveling turnings 194.00 195.00
Cast iron borings 194.00 195.00
Plate and structurals, 5 ft. and under 319.00 320.00
Plate and structurals, 2 ft. and under 354.00 355.00
Rails, 2 ft. and under 409.00 410.00
Rails, random length 324.00 325.00
No. 1 machinery cast 349.00 350.00
Cupola cast 319.00 320.00

Market Reports

Ferrous scrap prices hammered in January on oversupply

By Sean Barry - January 16, 2019

Ferrous scrap prices faced heavy downside pressure in January amid a deluge of material generated by slack export trade over the past couple of months and clement weather in many parts of the country that helped keep scrap moving.