⚙️ Ferrous Metals

Steel Scrap Price Today

General steel scrap suitable for remelting in electric arc furnaces.

Last updated: March 31, 2026

425.52
USD/MT
+0.76%
24h change
+1.81%
7-day change
+9.89%
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
Mar 31, 2026425.52+0.76%
Mar 30, 2026422.31-1.24%
Mar 29, 2026427.63+0.35%
Mar 28, 2026426.15+0.95%
Mar 27, 2026422.14+0.07%
Mar 25, 2026421.86-0.69%
Mar 24, 2026424.77+1.63%
Mar 23, 2026417.96+0.02%
Mar 22, 2026417.89+0.14%
Mar 21, 2026417.32-1.33%
Mar 20, 2026422.95+1.19%
Mar 19, 2026417.98+0.40%
Mar 18, 2026416.30-0.53%
Mar 17, 2026418.52-0.02%
Mar 16, 2026418.61+0.52%
Mar 15, 2026416.46+0.55%
Mar 14, 2026414.20-1.13%
Mar 13, 2026418.94-1.34%
Mar 12, 2026424.65-0.23%
Mar 11, 2026425.63+1.42%
Mar 10, 2026419.65+0.12%
Mar 9, 2026419.13+1.20%
Mar 8, 2026414.18+0.11%
Mar 7, 2026413.71+0.66%
Mar 6, 2026411.01+1.82%
Mar 5, 2026403.66+0.48%
Mar 4, 2026401.73+1.76%
Mar 3, 2026394.77+1.94%
Mar 2, 2026387.24