⚙️ Ferrous Metals

Steel Scrap Price Today

General steel scrap suitable for remelting in electric arc furnaces.

Last updated: August 1, 2026

442.54
USD/MT
-0.96%
24h change
+2.26%
7-day change
+2.70%
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
Aug 1, 2026442.54-0.96%
Jul 30, 2026446.84-0.87%
Jul 29, 2026450.76+0.26%
Jul 28, 2026449.61+1.21%
Jul 26, 2026444.23+0.81%
Jul 25, 2026440.66+0.98%
Jul 24, 2026436.40+0.84%
Jul 23, 2026432.76+0.68%
Jul 22, 2026429.82-0.57%
Jul 21, 2026432.30-0.04%
Jul 20, 2026432.46-0.88%
Jul 19, 2026436.32+0.66%
Jul 17, 2026433.46-0.39%
Jul 16, 2026435.17+0.17%
Jul 15, 2026434.43+0.41%
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