The current scrap buying price for HMS 1 – Heavy Melting Steel in Incheon as of April 17, 2026 is ₩ 285.91 per kilogram (South Korean Won). Prices are refreshed each trading day after LME market open.
What Is HMS 1 – Heavy Melting Steel?
Clean heavy steel ¼″ and over; no tinned, galvanised or coated.
HMS 1 – Heavy Melting Steel is classified under Ferrous Metals — Iron-based, magnetic metals. High volume, lower unit value. This grade is priced at approximately 87% of the steel HRC index.
HMS 1 – Heavy Melting Steel Price in Incheon Today — April 2026
🗓️ Last updated: April 17, 2026 — refreshed daily at LME market open (08:10 London time).
Today’s indicative scrap yard buying price for HMS 1 – Heavy Melting Steel in Incheon:
| Unit | Price (South Korean Won) |
|---|---|
| Per kilogram (kg) | ₩ ₩ 285.91 |
| Per metric tonne | ₩ 285,907 |
| Per troy ounce | ₩ 8,892.71 |
These are indicative buying rates — what a scrap yard pays you. Actual prices may vary by yard, quantity, and material condition within Incheon.
HMS 1 – Heavy Melting Steel Price in Other Currencies
Today’s HMS 1 – Heavy Melting Steel scrap price across major currencies (per kg):
| Code | Currency | Price / kg |
|---|---|---|
| USD | US Dollar | $ 0.1938 /kg |
| AUD | Australian Dollar | A$ 0.2708 /kg |
| GBP | British Pound | £ 0.1428 /kg |
| EUR | Euro | € 0.1642 /kg |
| CAD | Canadian Dollar | C$ 0.2663 /kg |
| NZD | New Zealand Dollar | NZ$ 0.3279 /kg |
| SGD | Singapore Dollar | S$ 0.2464 /kg |
Use our live calculator to convert to any currency or unit instantly.
What Affects HMS 1 – Heavy Melting Steel Prices in Incheon?
- Global commodity markets: This grade is priced at approximately 87% of the steel HRC index.
- Material condition: Clean heavy steel ¼″ and over; no tinned, galvanised or coated. Cleaner, better-graded material attracts higher offers.
- Local supply and demand: Construction, demolition, and manufacturing activity in Incheon directly influences what yards are willing to pay.
- Exchange rates: Since base metals are benchmarked in USD, movements in the South Korean Won/USD rate affect your local payout.
- Transport costs: Distance to the nearest processing facility affects the net rate offered by Incheon yards.
Tips for Selling HMS 1 – Heavy Melting Steel in Incheon
- Sort and clean your material before visiting a yard — Clean heavy steel ¼″ and over; no tinned, galvanised or coated.
- Get quotes from at least two or three Incheon buyers; prices can vary 5–15% between yards.
- Check this page in the morning after LME open to confirm you are working with today’s rate.
- Bring bulk quantities where possible — larger loads typically attract better per-kg rates.
About This Price Data
The HMS 1 – Heavy Melting Steel price on this page was last updated on April 17, 2026. Prices are sourced from live LME commodity data and real-time currency exchange rates, refreshed automatically every trading day at 08:10 London time (10 minutes after the LME Ring opens). Historical prices are not stored — this page always shows the current buying rate.
Use our Scrap Price Calculator to calculate the exact value of any quantity of HMS 1 – Heavy Melting Steel in your preferred currency and unit.
Frequently Asked Questions
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