Continuing Iron Age's Century-Long Tradition

New York scrap metal prices

November 11, 2019
Ferrous scrap markets in New York are tied to the domestic consumer market and exports to Turkey. New York is a broker buying and scrap export market serving the United States and international scrap markets. 
Scrap Price Bulletin covers fifteen different steel and prices for the New York market including: no. 1 heavy melting, no. 2 bundles, shredded scrap, machine shop turnings, unstripped motor blocks, mixed cast and the following stainless steel grades: 18-8 bundles and solids, 18-8 turnings, 430 bundles and solids, and 410 bundles and solids. Scrap Price Bulletin reports on the prices as delivered to the export yards per gross ton on cars or delivered to consumer or brokers’ buying. For detailed information about pricing methodology, refer to the methodology page 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.

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New York
Prices as of September 4, 2018
Prices delivered to export yards per gross ton on cars Low High
No. 1 hvy. melting 246.00 248.00
No. 2 hvy. melting 236.00 238.00
No. 2 bundles 191.00 193.00
Shredded scrap 291.00 293.00
No. 1 machinery cast 246.00 248.00
Mixed yard cast 246.00 248.00
18-8 bundles and solids 1,205.00 1,230.00
18-8 turnings 1,105.00 1,130.00
430 bundles and solids 345.00 370.00
410 bundles and solids 345.00 370.00
Brokers' buying prices for domestic markets per gross ton on cars
No. 1 hvy. melting 276.00 278.00
No. 2 hvy. melting 266.00 268.00
Mixed borings and turnings 173.00 175.00
Shoveling turnings 173.00 175.00
Heavy breakable cast 211.00 213.00

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.