⚙️ Ferrous Metals

Steel Scrap Price Today

General steel scrap suitable for remelting in electric arc furnaces.

Last updated: May 13, 2026

440.06
USD/MT
-0.54%
24h change
+3.54%
7-day change
+5.97%
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
May 13, 2026440.06-0.54%
May 12, 2026442.44+1.45%
May 10, 2026436.13-0.88%
May 9, 2026439.98+0.93%
May 8, 2026435.92+0.93%
May 7, 2026431.89+1.17%
May 6, 2026426.88+0.44%
May 5, 2026425.03+0.27%
May 4, 2026423.89+1.11%
May 3, 2026419.25-0.83%
May 2, 2026422.76+0.69%
May 1, 2026419.87-1.07%
Apr 30, 2026424.39+0.75%
Apr 29, 2026421.21-0.16%
Apr 28, 2026421.89+0.37%
Apr 27, 2026420.33-0.11%
Apr 26, 2026420.80+1.37%
Apr 24, 2026415.13+0.31%
Apr 23, 2026413.86+1.79%
Apr 22, 2026406.58-0.16%
Apr 21, 2026407.24-0.97%
Apr 20, 2026411.21-0.64%
Apr 19, 2026413.86-0.99%
Apr 17, 2026417.98-0.21%
Apr 16, 2026418.88+0.33%
Apr 15, 2026417.51+0.54%
Apr 14, 2026415.26