Continuing Iron Age's Century-Long Tradition

Pittsburgh scrap metal prices

May 20, 2019

Pittsburgh is mainly a consumer buying scrap market with limited concentration with processors/brokers. Scrap Price Bulletin produces pricing and trends analysis for no. 1 heavy melting no. 1 dealer bundles, no. 2 bundles, no. 1 busheling, shredded scrap, machine shop turningscast iron borings, plate and structurals 5 ft. & under, punchings and plate, rails 2  ft. & undercupola cast, heavy breakable cast and stainless 18-8 bundles and solids.

For processors/brokers, Scrap Price Bulletin covers 18-8 bundles and solids and 18-8 turnings. The mills nearby the Pittsburgh market are Elwood, US Steel ET Works, AK Butler, Timken, Republic, Koppel, Standard Steel and assorted neighboring mills in Ohio.

Geographically nearby, Youngstown, Cleveland, Cincinnati, Chicago, Detroit, St. Louis, Buffalo, Philadelphia, Boston and New York are also covered in depth by Scrap Price Bulletin’s pricing reports. The regional market reports Scrap Price Bulletin provides gives you a complete view of the US Northern Midwest and Northeast scrap markets, as they often relate to each other. 

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

Prices as of March 12, 2018
Low High
No. 1 hvy. melting 349.00 350.00
No. 2 hvy. melting 339.00 340.00
No. 1 dealer bundles 359.00 360.00
No. 2 bundles 224.00 225.00
No. 1 busheling 379.00 380.00
Shredded scrap 374.00 375.00
Machine shop turnings 229.00 230.00
Shoveling turnings 229.00 230.00
Cast iron borings 229.00 230.00
Plate and structurals, 5 ft. and under 369.00 370.00
Punchings and plate 609.00 610.00
Foundry steel, 2 ft. and under 319.00 320.00
Heavy turnings 234.00 235.00
No. 1 RR hvy. melting 399.00 400.00
Rails, 2 ft. and under 459.00 460.00
Rails, random length 379.00 380.00
RR specialties 419.00 420.00
No. 1 machinery cast 389.00 390.00
Cupola cast 354.00 355.00
Heavy breakable cast 299.00 300.00
Stainless: 18-8 bundles and solids 1,430.00 1,455.00
18-8 turnings 1,330.00 1,355.00
Processor/brokers' buying prices
18-8 bundles and solids 1,425.00 1,450.00
18-8 turnings 1,325.00 1,350.00

Market Reports

Scrap prices continue to book losses in May on supply glut

By Sean Barry - May 10, 2019

The ferrous scrap market in the United States logged further losses in May as mills pared back buy programs due to numerous maintenance outages and scrap flows continued to surge amid slack export trade and a booming industrial sector.