The current scrap buying price for HMS 1 – Heavy Melting Steel in India as of April 6, 2026 is ₹ 18.05 per kilogram (Indian Rupee). 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 India Today — April 2026
Today’s indicative scrap yard buying price for HMS 1 – Heavy Melting Steel in India:
| Unit | Price (Indian Rupee) |
|---|---|
| Per kilogram (kg) | ₹ ₹ 18.05 |
| Per metric tonne | ₹ 18,048 |
| Per troy ounce | ₹ 561.35 |
These are indicative buying rates — what a scrap yard pays you. Actual prices may vary by yard, quantity, and material condition within India.
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$ 0.2814 /kg |
| GBP | British Pound | £ 0.1469 /kg |
| EUR | Euro | € 0.1683 /kg |
| CAD | Canadian Dollar | C$ 0.2702 /kg |
| NZD | New Zealand Dollar | NZ$ 0.3407 /kg |
| SGD | Singapore Dollar | S$ 0.2494 /kg |
Use our live calculator to convert to any currency or unit instantly.
What Affects HMS 1 – Heavy Melting Steel Prices in India?
- 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 India directly influences what yards are willing to pay.
- Exchange rates: Since base metals are benchmarked in USD, movements in the Indian Rupee/USD rate affect your local payout.
- Transport costs: Distance to the nearest processing facility affects the net rate offered by India yards.
Tips for Selling HMS 1 – Heavy Melting Steel in India
- 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 India 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 Data
The HMS 1 – Heavy Melting Steel price shown on this page is sourced from live LME commodity data and real-time exchange rates, refreshed daily at 08:10 London time. Use our Scrap Price Calculator to calculate the value of any quantity in your preferred currency.
Live HMS 1 – Heavy Melting Steel scrap prices in all currencies:
HMS 1 – Heavy Melting Steel
Clean heavy steel ¼″ and over; no tinned, galvanised or coated.
Prices shown are indicative scrap yard buying rates
| Countries | Currency | Price / kg |
|---|---|---|
| UAE | AED UAE Dirham | د.إ 0.8241 |
| Australia | AUD Australian Dollar | A$ 0.3244 |
| Bangladesh | BDT Bangladeshi Taka | ৳ 27.59 |
| Brazil | BRL Brazilian Real | R$ 1.156 |
| Canada | CAD Canadian Dollar | C$ 0.3122 |
| Switzerland | CHF Swiss Franc | Fr 0.1791 |
| China | CNY Chinese Yuan | ¥ 1.546 |
| Denmark | DKK Danish Krone | kr 1.450 |
| Germany, France, Italy, Spain | EUR Euro | € 0.1944 |
| United Kingdom | GBP British Pound | £ 0.1696 |
| Hong Kong | HKD Hong Kong Dollar | HK$ 1.759 |
| Indonesia | IDR Indonesian Rupiah | Rp 3,824 |
| India | INR Indian Rupee | ₹ 20.94 |
| Japan | JPY Japanese Yen | ¥ 36 |
| South Korea | KRW South Korean Won | ₩ 338 |
| Mexico | MXN Mexican Peso | $ 3.991 |
| Malaysia | MYR Malaysian Ringgit | RM 0.9040 |
| Norway | NOK Norwegian Krone | kr 2.179 |
| New Zealand | NZD New Zealand Dollar | NZ$ 0.3927 |
| Philippines | PHP Philippine Peso | ₱ 13.51 |
| Pakistan | PKR Pakistani Rupee | ₨ 62.63 |
| Saudi Arabia | SAR Saudi Riyal | SR 0.8415 |
| Sweden | SEK Swedish Krona | kr 2.120 |
| Singapore | SGD Singapore Dollar | S$ 0.2884 |
| Thailand | THB Thai Baht | ฿ 7.313 |
| United States | USD US Dollar | $ 0.2244 |
| Vietnam | VND Vietnamese Dong | ₫ 5,882 |
| South Africa | ZAR South African Rand | R 3.785 |
Prices are indicative buying rates. Actual scrap yard prices vary by location, quantity, grade and market conditions. Last updated: 7 Apr 2026.