⚙️ 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 2, 2026

370.58
USD/MT
+0.01%
24h change
+1.65%
7-day change
+6.29%
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 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, 2026364.55-0.11%
Mar 24, 2026364.94-0.30%
Mar 23, 2026366.05-0.35%
Mar 22, 2026367.32+1.00%
Mar 21, 2026363.68-0.05%
Mar 20, 2026363.87+0.75%
Mar 19, 2026361.15+0.46%
Mar 18, 2026359.50+1.01%
Mar 17, 2026355.92-0.17%
Mar 16, 2026356.53+0.09%
Mar 15, 2026356.21-0.49%
Mar 14, 2026357.96-0.13%
Mar 13, 2026358.44
Mar 12, 2026358.39-0.52%
Mar 11, 2026360.26+1.60%
Mar 10, 2026354.57-0.56%
Mar 9, 2026356.55+0.87%
Mar 8, 2026353.48+1.72%
Mar 7, 2026347.51-0.51%
Mar 6, 2026349.29+0.26%
Mar 5, 2026348.40-0.07%
Mar 4, 2026348.66