Clean heavy steel ¼" and over; no tin, galvanised or coated material.
Indicative USD/kg
$0.2800
As of September 2, 2026, the indicative market price for HMS 1 – Heavy Melting Steel scrap is US$0.28 per kilogram: about US$280 per tonne or US$0.13 per pound. The trend is currently stable. Actual yard and export prices vary with grade, volume, location, and freight terms.
Source: ScrapTrade indicative market rates, updated September 2, 2026.
| Material | USD / kg | USD / tonne | Trend |
|---|---|---|---|
| Cast Iron | $0.1800 | $180 | — |
| HMS 1 – Heavy Melting Steel | $0.2800 | $280 | — |
| HMS 2 – Heavy Melting Steel | $0.2400 | $240 | — |
| Light Iron / Sheet Metal | $0.2000 | $200 | — |
| Shredded Steel | $0.3000 | $300 | — |
| Structural Steel | $0.2600 | $260 | — |
Clean heavy steel ¼" and over; no tin, galvanised or coated material.
Prices for HMS 1 – Heavy Melting Steel fluctuate with global commodity markets, local yard demand, and material condition. Use the calculator to estimate the value of your scrap in your own currency and preferred unit (kilogram, tonne, or pound).
As of September 2, 2026, the indicative market price for HMS 1 – Heavy Melting Steel scrap is US$0.28 per kilogram: about US$280 per tonne or US$0.13 per pound. The trend is currently stable. Actual yard and export prices vary with grade, volume, location, and freight terms.
For ferrous metals, grade is the single biggest lever here: clean HMS 1 commands a real premium over mixed HMS 2 or heavily coated light iron. Magnetic response, thickness, and freedom from non-ferrous attachments like copper wiring or aluminium fittings all factor into what a yard will actually pay. Specifically for HMS 1 – Heavy Melting Steel (clean heavy steel ¼" and over; no tin, galvanised or coated material.), lot volume, your distance to the buyer or port, and incoterm agreed (EXW, FOB, or CIF) all move the final number. Larger, well-sorted, documented lots consistently achieve better prices.
List it on a marketplace where buyers compete: on ScrapTrade you can run a live auction or set a fixed price, reach verified international buyers, and get paid through escrow. Funds are held until the order completes. Listing is free and every listing is video-and-GPS verified for buyer trust.
No: it is an indicative market reference updated daily, intended for estimating. For a firm price, list your material on ScrapTrade or check live listings and recent transaction data on the ScrapTrade Price Index.
