Updated scrap price (HMS 1&2)

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By Benny Posted on : 3/2/2010 2302
Current scrap metal price for HMS, steel and iron.
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. 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:

Feb 17 to Up-to-date HMS prices from different countries are mentioned below.

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
HMS1 -$250/MT

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.


News Tags: General Scrap, ,

About the author:
For the past three years I have been working for RecycleinME .To help our valued members of RecycleinME, I involved in researching the current market trend of various scrap materials.
Regards
Benny
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