⚙️ Ferrous Metals

Steel Scrap Price Today

General steel scrap suitable for remelting in electric arc furnaces.

Last updated: June 22, 2026

432.12
USD/MT
+0.50%
24h change
-0.46%
7-day change
-0.63%
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
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+0.87%
Jun 14, 2026434.10-0.38%
Jun 13, 2026435.77+1.25%
Jun 12, 2026430.38+1.29%
Jun 11, 2026424.91+0.03%
Jun 10, 2026424.79-0.84%
Jun 9, 2026428.37-0.92%
Jun 8, 2026432.35+0.65%
Jun 7, 2026429.54+0.60%
Jun 6, 2026426.98-1.41%
Jun 5, 2026433.09-0.62%
Jun 4, 2026435.79-0.95%
Jun 3, 2026439.96-1.28%
Jun 2, 2026445.66+0.93%
Jun 1, 2026441.55-0.48%
May 31, 2026443.67+0.43%
May 30, 2026441.78+0.58%
May 27, 2026439.24+0.72%
May 26, 2026436.11+0.92%
May 25, 2026432.12-0.63%
May 24, 2026434.87