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St. Louis scrap metal prices

November 11, 2019

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. Scrap Price Bulletin also assesses pricing for no. 1 and no. 2 heavy melting and plate and structurals, 5 ft. and under, shredded scrap and machine shop turnings

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 September 4, 2018
Brokers' buying prices per gross ton on cars Low High
No. 1 hvy. melting 294.00 295.00
No. 2 hvy. melting 284.00 285.00
No. 1 busheling 369.00 370.00
No. 1 dealer bundles 364.00 365.00
No. 2 bundles 219.00 220.00
Shredded scrap 314.00 315.00
Machine shop turnings 184.00 185.00
Shoveling turnings 184.00 185.00
Cast iron borings 199.00 200.00
No. 1 RR hvy. melting 349.00 350.00
Plate and structurals, 5 ft. and under 304.00 305.00
Unstripped motor blocks 289.00 290.00

Market Reports

Chicago and St. Louis gain back half of October losses

By Bill Beck - November 11, 2019

After two straight months of $40 per gross ton drops for prime grades in the two big Midwest markets, Chicago and St. Louis were hoping that the November settlement would be $10, but not discounting the possibility that the markets could be sideways.