Correction to Philadelphia No2 bundles price

Fastmarkets has corrected its consumer buying price for steel scrap No2 bundles, delivered mill Philadelphia, following an input error during the monthly domestic ferrous scrap trade in September.

The price for No2 bundles in Philadelphia, which was published as $185 per gross ton on Friday September 9, has been corrected to $285 per gross ton. This change reflects a decrease of $20 per ton compared with August.

The specifications of the affected price are as follows:

MB-STE-0287 Steel scrap No2 bundles, consumer buying price, delivered mill Philadelphia
Assessment: No2 bundles
Quality: Old black and galvanized steel sheet scrap, hydraulically compressed to charging box size and weighing not less than 75 pounds per cubic foot. May not include tin or lead-coated material or vitreous enameled material.
Location: Delivered mill Philadelphia
Unit: USD per gross ton
Publication: Monthly, typically before the 10th
Notes: ISRI Code: 209

Fastmarkets’ Price Tracker and database have been updated to reflect this change.

For more information or to provide feedback on this correction notice, or if you would like to provide price information by becoming a data submitter to the domestic ferrous scrap prices, please contact Sean Barry by email at Please add the subject heading: FAO: Sean Barry, Re: No2 bundles price, delivered mill Philadelphia.

To see all of Fastmarkets’ pricing methodology and specification documents, go to

What to read next
Following market feedback on the discrepancy between machine shop turnings and other ferrous scrap grades in the Houston dealer selling market, Fastmarkets proposes a realignment of the remaining grades in Houston, effective from the October 2022 monthly settlement.
Fastmarkets is proposing a comprehensive update of its nickel scrap prices to bring them in line with its global price reporting agency standards.
Fastmarkets is proposing a comprehensive update of its stainless steel scrap prices to bring them in line with its global price reporting agency standards.
Fastmarkets is extending the consultation period for its proposal to change the publication frequency of nickel sulfate prices cif China, Japan and Korea to weekly from monthly.
Fastmarkets is proposing to launch a mixed-hydroxide-precipitate, cif China, Japan and South Korea price assessment to track the market dynamics of this emerging nickel sulfate feedstock.
Fastmarkets is revising its base metals publication schedule for September 19 following a decision by the London Metal Exchange to partially suspend ring-trading on the day, out of respect for the state funeral of HM Queen Elizabeth II.
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.