⚙️ Ferrous Metals

HMS Scrap Price Today

Heavy Melting Steel (HMS) scrap is a grade of recyclable steel used as feedstock in steel mills.

Last updated: April 23, 2026

390.89
USD/MT
-0.83%
24h change
+2.38%
7-day change
+7.23%
30-day change
30-Day Price Trend
About HMS Scrap

Heavy Melting Steel (HMS) is a classification of recyclable steel and iron. It is one of the most traded categories of ferrous scrap globally, used as a primary feedstock in electric arc furnace (EAF) steelmaking.

Compare HMS Scrap prices by country: 🇦🇺 Australia, 🇺🇸 United States, 🇬🇧 United Kingdom, 🇩🇪 Germany, 🇫🇷 France, 🇮🇹 Italy.

Common Grades & Types
HMS 1 (ISRI 200)
Wrought iron and steel scrap, ½ inch and over in thickness. Maximum length 5 feet.
HMS 2 (ISRI 201)
Same as HMS 1 but includes thinner material, minimum ¼ inch.
HMS 1&2 (80:20)
Standard international trade blend: 80% HMS 1, 20% HMS 2.
HMS 1&2 (75:25)
Slightly higher proportion of HMS 2, common in Asian trades.
Key Applications
  • Electric arc furnace steelmaking
  • Blast furnace charge
  • Re-rolling mills (billets, reinforcing bar)
  • Foundry charge material
What Drives HMS Scrap Prices
  • 1Turkish scrap import prices (CFR Turkey benchmark)
  • 2Asian demand (India, Bangladesh, Pakistan, Vietnam)
  • 3Freight rates
  • 4Shredded scrap differential
  • 5Billet and rebar prices
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Apr 23, 2026390.89-0.83%
Apr 22, 2026394.17+0.21%
Apr 21, 2026393.36-0.28%
Apr 20, 2026394.45-0.04%
Apr 19, 2026394.61+1.18%
Apr 17, 2026390.01+1.15%
Apr 16, 2026385.58+0.99%
Apr 15, 2026381.80+0.41%
Apr 14, 2026380.23+0.37%
Apr 13, 2026378.84+0.73%
Apr 12, 2026376.10+0.49%
Apr 11, 2026374.26+0.46%
Apr 10, 2026372.54+0.17%
Apr 9, 2026371.89+0.79%
Apr 6, 2026368.99-0.58%
Apr 5, 2026371.16-0.71%
Apr 4, 2026373.80-0.35%
Apr 3, 2026375.11+1.22%
Apr 2, 2026370.58
Apr 1, 2026370.54+0.93%
Mar 31, 2026367.11+0.85%
Mar 30, 2026364.03-0.16%
Mar 29, 2026364.62+0.33%
Mar 28, 2026363.41-0.74%
Mar 27, 2026366.11+0.43%
Mar 25, 2026364.55