I am noticing that quit a number of subscribers and visitors ask what the current scrap metal price is for HMS, steel and iron. To be honest there is no fixed rate for these types of scrap metals however the rates may differ according to the materials quality and quantity. Below you can find the current scrap price update for various region.
Europe HMS 1&2 Price –
HMS 1&2 Price - US$190/MT (CFR)
This week Europe HMS 1&2 scrap (Import to India) stable at US$190 for the past one month
Europe Shredded scrap Price –
Shredded scrap – US$205/MT (CFR)
Indian Imported shredded scrap from Europe remain same at US$205/MT for the past one month.
US Shredded scrap Price –
Shredded scrap Price –US$205/MT (CFR)
5.7% hike have seen in the imported Shredded scrap Price to India when compared with previous three month status.
UAE HMS 1&2 Price –
HMS 1&2 Price – US$205/MT (CFR)
UAE HMS 1&2 prices inched up around $8 to 10/MT amid increased steel prices in the domestic market and are at US$205/MT (CFR)
Turkey HMS 1&2 Price -
HMS 1&2 Price – US$180- 185/Ton (CFR)
Shredded scrap - US$185-190/Ton (CFR)
It is reported that HMS 1&2 import by Turkish mills from Europe indicate sharp fall in early 2016 compared with the previous year.
However, The Price remains unchanged at US$ 185-186/Ton (CFR) from US.
Vietnam HMS 1&2 Price as of Dec 2015
HMS 1&2 Price - US$176MT/Ton
Vietnam scrap import recorded 20% hike in importing the last December amid global fall
Taiwan HMS 1&2 Price –
HMS 1&2 Price – US$150/MT (CNF)
There was a price hike around $5/MT have seen in the Taiwan HMS 1&2 Price, compared with previous 3 months.
South India scrap price –
HMS 1&2 in Chennai – INR 13500/MT
HMS (South Tamil Nadu) – INR 13/kg
Irons (South India) INR 12/kg
2010 HMS prices from different countries are mentioned below.
I read somewhere that this week Turkey’s scrap imports markets hold steady. Mixed scrap No.1 and 2(80:20) was imported at US$332/ton last week, according to one mill in Turkey.If you can see the price data below, my statement will be clear to you:
February HMS price in United States
HMS price - $270/MT
Scrap metal 1:2 80:20 HMS 1 and 2 - $ 300/MT
NEWRAILS - 280/MT.
HMS 1:2 , 80:20 -$ 295
HMS 1 & 2 - 260.00
February HMS price in India
We will be able to see there is some price hike in India for HMS when we compareto US scrap prices.
HMS-1/HMS-2(80/20) - $ 325/Tons
Used Rail: R60-65 - $ 330/MT.
February HMS price in Singapore
HMS 1&2 price - 270 / MT
HMS 1&2 (80:20) - US$ 295 CNF Free Out /Asian Ports.
February HMS price South Africa
HMS 1&2 80:20 - 230/ MT
February HMS price United kingdom
HMS 1&2 prices - $ 369/Ton.
March HMS and Used Rails in Singapore
Used rails – 280/ MT
HMS 1&2 – 320/MT
March HMS 1&2 prices in United Sates
HMS 1 & 2 - $ 330
HMS 1&2 prices in Indonesia
Refrigerator’s Compressor scrap – 525/MT
HMS 1 & 2 – 215/MT
Motor Scrap – 1250/MT
This Thursday there is a rising trend in London MetalExchange ( LME) on the non- ferrous metal market emergence of hectic buying from stockiststrigger. Nickel spurted by Rs 27 a kg to 952 Rupee 20$ and tin hardened by Rs25 a kg to 915 Rupee 19.89$. Copper utensils scrap strengthened by Rs 9 a kg to321 Rupee 6.9 $. Copper cable scrap, copper scrap heavy, copper wire bar andcopper sheets cutting all rose by Rs 7 a kg each to 352 Rupee 7.6$, 347 Rupee7.5$, 380 Rupee 8.2$ and 336 Rupee 7.30$ respectively. Zinc and lead moved upby Rs 3 a kg each to 125 Rupee 2.71$ and 111 Rupee 2.41$. Brass sheets cuttinginched up by Re 1 a kg to 252 Rupee 5.47$.
If the rates are different in your area please leave a comment with your Location and Price.