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Steel
ISRI Code : 208,217,235
#1 Bundle consists of new black steel sheet scrap, clippings or skeleton scrap that are compressed into a bundle of not less than 75 pounds per cubic foot, so that the material can be handled with a magnet.
It may include black, galvanized and zinc coated materials whose dimensions must not exceed 4’x2’x2’. #1 Bundles may include Stanley balls or mandrel wound bundles or skeleton reels, tightly secured. It may also include chemically detinned material.
Wrought iron and/or steel scrap above 1/8 inch in thickness compressed to charging box size and weighing not less than 75 pounds per cubic foot and free of all metal-coated material can be classified under #1 Bundle scrap.
#1 Bundle must not contain metal coated, limed, vitreous enameled and electrical steel containing more than 0.5% silicon. It may not include old auto body or fender stock.
As per the latest Scrap Specifications Circular 2017 released by the Institute of Scrap Recycling Industries (ISRI), # Bundle steel scrap are referenced by codes 208, 217 and 235.
For a complete list of scrap materials specifications, please Click Here
The existing market price of #1 Bundle scrap may be obtained from nearby scrap yards. The prices of #1 Bundle can vary depending on markets across the region.
The table below provides #1 Bundle scrap export prices as of mid-August, 2020.
Region | Price |
North America, US East Coast | $240 per Lb |
US Midwest, US West Coast | $240 per Lb |
Source : ScrapMonster
Please visit our Steel Scrap Prices section to know about detailed steel scrap export prices.
For the latest price of #1 Bundle scrap in various scrap yards, please visit our Scrap Yard Pricessection.
Almost all scrap yards that deal with ferrous scrap accepts #1 Bundle scrap. The prices are dependent on the demand for scrap from steel industry. Sellers must strictly conform to composition specifications prescribed by the scrap yard to avoid rejection of material and ensure best market price.
The following are some of the scrap yards in the US that accept #1 Bundle Steel Scrap.
You may use our ‘Scrap Yard Finder’ to search and find more scrap yards close to your location.
On our US Scrap Yard Directory, we provide a list of scrap yards in the US.
Similarly, the list of scrap yards in Canada is easily available in Scrap Yards in Canada.
Often, factory sites of manufacturers and other metal processing facilities are major sources of #1 Bundle scrap. These scrap are collected by yards and are generally sold back to steel mills, which use them in production of new steel.
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