⚙️ 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: June 22, 2026

378.45
USD/MT
-0.36%
24h change
+0.50%
7-day change
-2.10%
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
Jun 22, 2026378.45-0.36%
Jun 21, 2026379.81-0.90%
Jun 20, 2026383.26+1.33%
Jun 18, 2026378.22+0.52%
Jun 17, 2026376.28-0.88%
Jun 16, 2026379.61+0.72%
Jun 15, 2026376.91+0.10%
Jun 14, 2026376.55-0.47%
Jun 13, 2026378.33-0.25%
Jun 12, 2026379.26+1.09%
Jun 11, 2026375.16-0.81%
Jun 10, 2026378.22-1.02%
Jun 9, 2026382.11+0.98%
Jun 8, 2026378.40-0.40%
Jun 7, 2026379.91-0.10%
Jun 6, 2026380.30-0.49%
Jun 5, 2026382.19+1.44%
Jun 4, 2026376.77+1.37%
Jun 3, 2026371.66-0.82%
Jun 2, 2026374.75-0.14%
Jun 1, 2026375.29-0.49%
May 31, 2026377.12-0.71%
May 30, 2026379.81-0.95%
May 27, 2026383.46-0.72%
May 26, 2026386.26+0.31%
May 25, 2026385.05-0.40%
May 24, 2026386.58