Continuing Iron Age's Century-Long Tradition

Cincinnati scrap metal prices

July 15, 2019
The Cincinnati ferrous scrap market feeds the Ohio valley region via train, truck, and boat. Cincinnati sits directly along the Ohio River giving it advantageous access to a network of rivers including the Mississippi River and Ohio River Basin System, which contains roughly 2,800 miles of navigable waterway.
 
Scrap Price Bulletin covers twelve different steel and iron prices for the Cincinnati market including no. 1 heavy melting, no. 1 dealer bundles, no. 1 busheling, shredded scrap, machine shop turnings, plate and structurals, 5 ft. and under
 
Scrap Price Bulletin also publishes a monthly market report assessing the major price changes and explanations surrounding price movements. Market reports are also published for the other 17 cities in Scrap Price Bulletin’s coverage.
 

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.

Cincinnati
Prices as of May 7, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 314.00 315.00
No. 2 hvy. melting 324.00 325.00
No. 1 dealer bundles 247.00 248.00
No. 2 bundles 229.00 230.00
No. 1 busheling 252.00 253.00
Shredded scrap 299.00 300.00
Machine shop turnings 182.00 183.00
Cast iron borings 182.00 183.00
Plate and structurals, 5 ft. and under 324.00 325.00
Rails, random length 334.00 335.00
Rails, 2 ft. and under 409.00 410.00
No. 1 machinery cast 394.00 395.00

Market Reports

Detroit, Ohio, Hamilton Down, But Market At Bottom?

By Bill Beck - July 11, 2019

After dropping $70 in May and June, ferrous scrap prices in Detroit and Hamilton slowed their downward momentum in July. Two days before the industry in the United States took its extended July 4th holiday, a consortium of Detroit mills announced it would buy scrap at a $10 discount to June numbers. Canadian mills, which had celebrated their three-day Canada Day holiday earlier in the week, waited until late this past Monday to bring prices off $18 Cdn for prime grades and $15 Cdn for cut grades for the month.