⚙️ 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: July 14, 2026

390.20
USD/MT
+1.17%
24h change
-0.18%
7-day change
+3.53%
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
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+0.06%
Jul 2, 2026392.89-0.74%
Jul 1, 2026395.80+0.95%
Jun 30, 2026392.06+0.34%
Jun 29, 2026390.73+0.60%
Jun 28, 2026388.41+0.18%
Jun 26, 2026387.72-0.02%
Jun 25, 2026387.81+0.98%
Jun 24, 2026384.03+1.15%
Jun 23, 2026379.67+0.32%
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