⚙️ Ferrous Metals

HMS Scrap Price — Indicative Level

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

Reference level, set August 2026

Indicative reference: HMS 80/20 CFR Turkey, indicative level — no free live index available

395.00
USD/MT

MetalsPlace's indicative reference level for hms scrap is about 395.00 USD/MT, set in August 2026. It is not a live quote and does not move daily: hMS 80/20 CFR Turkey, indicative level — no free live index available. Contract prices are agreed between buyer and seller.

HMS Scrap price facts and sources
Indicative level~395.00 USD/MT
SetAugust 2026
Type of figureIndicative reference level (not a live quote)
What it measuresHMS 80/20 CFR Turkey, indicative level — no free live index available
SourceNot published: an indicative level set by MetalsPlace in August 2026, not taken from a named price index
UnitUSD/MT (US dollars per metric tonne)

Indicative only, not a contract price. How MetalsPlace sources its prices

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

What does HMS stand for in scrap metal?

HMS stands for Heavy Melting Steel (or Scrap). It is an industry classification defined by ISRI (Institute of Scrap Recycling Industries) for ferrous scrap of sufficient thickness for direct melting.

What is the standard blend for HMS exports?

The most common international trade specification is HMS 1&2 (80:20), meaning 80% HMS 1 and 20% HMS 2. Some Asian buyers specify 75:25.

How is HMS scrap priced?

HMS is typically quoted CFR (Cost and Freight) to the destination port. The Turkish import price is the global benchmark; Asian and South Asian prices often track with a spread.

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Nov 10, 2026395.00—
Nov 9, 2026395.00—
Nov 8, 2026395.00—
Nov 7, 2026395.00—
Nov 6, 2026395.00—
Nov 5, 2026395.00—
Nov 4, 2026395.00—
Nov 3, 2026395.00—
Nov 2, 2026395.00—
Nov 1, 2026395.00—
Oct 31, 2026395.00—
Oct 30, 2026395.00—
Oct 29, 2026395.00—
Oct 28, 2026395.00—
Oct 27, 2026395.00—
Oct 26, 2026395.00—
Oct 25, 2026395.00—
Oct 24, 2026395.00—
Oct 23, 2026395.00—
Oct 22, 2026395.00—
Oct 21, 2026395.00—
Oct 20, 2026395.00—
Oct 19, 2026395.00—
Oct 17, 2026395.00—
Oct 16, 2026395.00—
Oct 15, 2026395.00—
Oct 14, 2026395.00—
Oct 13, 2026395.00—
Oct 12, 2026395.00—
Oct 11, 2026395.00—