⚙️ Ferrous Metals

Steel Scrap Price Today

General steel scrap suitable for remelting in electric arc furnaces.

Last updated: July 14, 2026

432.67
USD/MT
-0.54%
24h change
+1.44%
7-day change
-1.19%
30-day change
30-Day Price Trend
About Steel Scrap

Steel scrap is the world's most recycled material by volume. It feeds electric arc furnaces globally and is a key commodity in international shipping, with the Turkish import price serving as the leading benchmark.

Compare Steel Scrap prices by country: 🇦🇺 Australia, 🇺🇸 United States, 🇬🇧 United Kingdom, 🇩🇪 Germany, 🇫🇷 France, 🇮🇹 Italy.

Common Grades & Types
Shredded Scrap (ISRI 211)
Processed through a shredder, uniform density, clean surface. Premium grade for EAF.
HMS 1&2
Unshredded heavy sections; the most internationally traded ferrous grade.
Busheling (ISRI 200-01)
New steel production scrap, factory offcuts. Clean and consistent.
Plate & Structural (P&S, ISRI 242)
Thick steel plate, angles, beams, channels. Clean, heavy sections.
Key Applications
  • Electric arc furnace (EAF) steelmaking
  • Blast furnace charge supplement
  • Billet, bloom, and slab production
  • Rebar and wire rod mills
What Drives Steel Scrap Prices
  • 1CFR Turkey scrap prices
  • 2US domestic midwest scrap prices
  • 3Energy prices (electricity for EAF)
  • 4Iron ore and pig iron prices
  • 5Global crude steel production
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Jul 14, 2026432.67-0.54%
Jul 12, 2026435.00-0.21%
Jul 11, 2026435.93-0.37%
Jul 10, 2026437.55+1.20%
Jul 9, 2026432.37-1.42%
Jul 8, 2026438.62+1.32%
Jul 7, 2026432.90+1.49%
Jul 6, 2026426.53-1.36%
Jul 5, 2026432.39+1.25%
Jul 4, 2026427.05-0.89%
Jul 3, 2026430.89+0.58%
Jul 2, 2026428.39+0.08%
Jul 1, 2026428.05+1.54%
Jun 30, 2026421.57-0.50%
Jun 29, 2026423.67-0.26%
Jun 28, 2026424.76+1.15%
Jun 26, 2026419.95-1.27%
Jun 25, 2026425.35-1.06%
Jun 24, 2026429.90-1.07%
Jun 23, 2026434.54+0.56%
Jun 22, 2026432.12+0.50%
Jun 21, 2026429.96+0.21%
Jun 20, 2026429.04-0.22%
Jun 18, 2026430.00-1.44%
Jun 17, 2026436.30+0.48%
Jun 16, 2026434.22-0.84%
Jun 15, 2026437.89