⚙️ 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: August 1, 2026

398.35
USD/MT
+0.79%
24h change
+1.98%
7-day change
+1.33%
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
Aug 1, 2026398.35+0.79%
Jul 30, 2026395.24+0.40%
Jul 29, 2026393.65-0.42%
Jul 28, 2026395.30+0.67%
Jul 26, 2026392.66+1.29%
Jul 25, 2026387.65+0.27%
Jul 24, 2026386.61-1.02%
Jul 23, 2026390.60+0.36%
Jul 22, 2026389.20+1.16%
Jul 21, 2026384.74+0.27%
Jul 20, 2026383.70-0.34%
Jul 19, 2026384.99-1.03%
Jul 17, 2026388.98-0.54%
Jul 16, 2026391.08+1.11%
Jul 15, 2026386.80-0.87%
Jul 14, 2026390.20+1.17%
Jul 12, 2026385.70-0.91%
Jul 11, 2026389.26-0.44%
Jul 10, 2026390.98+0.90%
Jul 9, 2026387.49+0.44%
Jul 8, 2026385.81-0.93%
Jul 7, 2026389.45-0.37%
Jul 6, 2026390.90+0.24%
Jul 5, 2026389.95+0.10%
Jul 4, 2026389.57-0.90%
Jul 3, 2026393.12