Marketplace/Ferrous/Bundled Scrap

Ferrous

Bundled Scrap

Grade: 203High Tier

Clean new steel scrap bundled to mill specification

Market Price EstimateUpdated Daily

$410/ MT

+22 (5.7%)vs yesterday

Verified specifications & market data

Overview Specifications Price Calculator Logistics & Handling Compliance

Chemical Composition

Elemental breakdown by percentage weight.

Standard composition limits

Values represent maximum allowed percentage unless otherwise noted.

Physical Properties

Material form, density, and contamination specifications.

New manufacturing and fabrication waste compacted into bundles for optimized furnace feeding; prepared to mill specification for hopper compatibility

Acceptable Inclusions

Clean new manufacturing scrap (no weathering)
Light mill scale from forming operations
Light surface rust <5% (oxidation during bundling)
Minimal oil residue <1% (equipment lubrication)
Light dust from cutting operations

Prohibited Materials

Copper content >0.10% (strict limit)
Stainless steel >0.05%
Non-ferrous metals >0.5% each (aluminum, brass, zinc)
Radioactive materials
PCB or hazardous electronics
Asbestos materials
Mercury components
Heavy oil/grease contamination >2%
Paint coatings (any visible)
Mixed scrap from collection areas (must be clean new scrap)

Quality Assurance

Testing protocols, sampling methods, and acceptance criteria.

Sampling Protocol

bundleHandlingSample from bundles at different positions

frequencyRandom selection from multiple bundles; ensures uniformity

maximumQuantity40 samples per truck load

minimumQuantity1 tonne or 20 samples

percentage5% of lot

Acceptance Limits

all Criteria Must Passcriteria must be met simultaneously

bundle IntegrityAll bundles intact; strapping secure; no structural damage

copper LimitCu <0.10%

iron ContentFe ≥90.0%

non Ferrous Total<2.0% combined

oil Residue Limit<1% surface oil acceptable

stainless Limit<0.05%

visual Contaminants<1% prohibited items visible

Weight Tolerance

notesBundle weight consistency important for hopper feeding

variance±3% acceptable from purchase order weight

Required Test Methods

Visual Inspection

Method 1

Purpose

Detect non-ferrous metals, stainless steel, coatings, contamination

Acceptance Criteria

Pass: ≤1% prohibited items visible
clean new scrap appearance confirmed

Procedure

100% visual scan of sample bundles
look for contamination, staining, coating

XRF Spectrometry

Method 2

Purpose

Verify Fe ≥90%, Cu <0.10%, non-ferrous <2.0%

Acceptance Criteria

Pass: Fe ≥90%, Cu <0.10%, non-ferrous <2.0%, all trace elements acceptable

Magnetic Test

Method 3

Purpose

Confirm ferrous material
detect stainless or non-magnetic contamination

Acceptance Criteria

Pass: Strong ferrous response
no dead zones or non-magnetic pieces

Procedure

Hand magnet test on random samples

Bundle Integrity Assessment

Method 4

Purpose

Verify bundle compression, strapping, handling safety

Acceptance Criteria

Pass: Bundles intact, strapping secure, no deterioration

Procedure

Visual inspection of bundle condition
confirm strap security

Oil/Contamination Test

Method 5

Purpose

Verify surface contamination acceptable (<1% oil)

Acceptance Criteria

Pass: No heavy oil staining
light manufacturing residue acceptable

Procedure

Visual/tactile assessment
wipe test for oil residue if suspicious