⚙️ 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 1, 2026

375.29
USD/MT
-0.49%
24h change
-3.87%
7-day change
-2.74%
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 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, 2026386.58-0.97%
May 22, 2026390.38+0.25%
May 20, 2026389.40-0.87%
May 19, 2026392.80+0.30%
May 18, 2026391.64+0.77%
May 17, 2026388.65+0.49%
May 16, 2026386.75+0.57%
May 15, 2026384.57+1.20%
May 14, 2026380.02-0.09%
May 13, 2026380.36-0.61%
May 12, 2026382.71+0.19%
May 10, 2026382.00+0.85%
May 9, 2026378.77-0.78%
May 8, 2026381.76-0.52%
May 7, 2026383.74-0.99%
May 6, 2026387.58+0.65%
May 5, 2026385.07+0.11%
May 4, 2026384.63-0.54%
May 3, 2026386.73+0.23%
May 2, 2026385.85