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COMMODITYSCOPE | DAILY MARKET BRIEF

Steel·Commodity Hub

Ferrous Scrap Prices

Ferrous scrap, pig iron and HBI.

Ferrous Scrap Market Assessments

Latest observation per series, with the change against the previous observation and its date

36 Market Series

Swipe sideways for basis, change and date. The unit is printed with each price.

Benchmark NameLatest PriceAssessment DateChange vs PreviousDelivery BasisTermTrend
£280.00/mt12 Oct 2026-5.00(-1.8%)
vs 8 Oct 2026
DAP OA (plate & structural) - UK domestic, deliveredDELIVERED
£370.52/mt12 Oct 2026-6.51(-1.7%)
vs 8 Oct 2026
DAP Shred - UK domestic, deliveredDELIVERED
$402.00/mt12 Oct 2026-2.00(-0.5%)
vs 8 Oct 2026
CFR TurkeyCFR
$342.50/mt12 Oct 2026-6.50(-1.9%)
vs 8 Oct 2026
FOB RotterdamFOB
$385.00/mt12 Oct 2026-5.00(-1.3%)
vs 8 Oct 2026
CFR TurkeyCFR
$375.00/mt12 Oct 2026-5.50(-1.4%)
vs 8 Oct 2026
CFR TurkeyCFR
$384.75/mt12 Oct 2026-2.00(-0.5%)
vs 8 Oct 2026
FOB East CoastFOB
$364.75/mt12 Oct 2026-2.00(-0.5%)
vs 8 Oct 2026
FOB East CoastFOB
$368.54/mt12 Oct 2026-15.09(-3.9%)
vs 8 Oct 2026
DAP Shredded - delivered - N. Europe domestic, deliveredDELIVERED
$374.13/mt12 Oct 2026-3.68(-1.0%)
vs 8 Oct 2026
DAP Shredded - delivered - S. Europe domestic, deliveredDELIVERED
$404.00/mt12 Oct 2026+1.00(+0.2%)
vs 8 Oct 2026
CFR ChinaCFR
$347.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
CFR TaiwanCFR
$394.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
CFR - East Asia importCFR
$406.50/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
CFR IndiaCFR
$318.84/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
Shindachi New Cut - del Okayama - Tokyo Steel purchase (list) price—
$312.52/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
Shindachi New Cut - del Utsunomiya - Tokyo Steel purchase (list) price—
$445.00/lt12 Oct 2026+10.00(+2.3%)
vs 8 Oct 2026
Shredded del Midwest US—
$485.00/lt12 Oct 2026+15.00(+3.2%)
vs 8 Oct 2026
#1 Busheling - N. America domestic, del Midwest US—
$385.00/lt12 Oct 2026+5.00(+1.3%)
vs 8 Oct 2026
HMS 1/2 - N. America domestic, del Midwest US—
$435.00/lt12 Oct 2026+20.00(+4.8%)
vs 8 Oct 2026
Plate & Structural - N. America domestic, del Midwest US—
$445.00/lt12 Oct 2026+10.00(+2.3%)
vs 8 Oct 2026
Shredded del US South—
$475.00/lt12 Oct 2026+20.00(+4.4%)
vs 8 Oct 2026
#1 Busheling - N. America domestic, del US South—
$425.00/lt12 Oct 2026+10.00(+2.4%)
vs 8 Oct 2026
Plate & Structural - N. America domestic, del US South—
$390.00/lt12 Oct 2026+5.00(+1.3%)
vs 8 Oct 2026
HMS 1/2 - N. America domestic, del US South—
R$800.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
HMS 1/2 - Brazil S.E. domestic, FOT—
R$900.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
Clean Steel Scrap - Brazil S.E. domestic, FOT—
R$700.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
Turnings - Brazil S.E. domestic, FOT—
$305.00/mt8 Oct 20260.00(0.0%)
vs 7 Oct 2026
FOBFOB
$330.00/mt8 Oct 20260.00(0.0%)
vs 7 Oct 2026
FOBFOB
MX$7200.00/mt12 Oct 2026+100.00(+1.4%)
vs 8 Oct 2026
#1 Busheling Scrap - Mexico N.E. domestic, FOT—
MX$6400.00/mt12 Oct 2026+100.00(+1.6%)
vs 8 Oct 2026
HMS 1 Scrap - Mexico N.E. domestic, FOT—
$335.00/mt12 Oct 2026-5.00(-1.5%)
vs 8 Oct 2026
FOB - Black sea exportFOB
$450.00/mt12 Oct 2026+5.00(+1.1%)
vs 8 Oct 2026
FOB Southeastern ports - Brazil exportFOB
$495.00/mt12 Oct 2026+5.00(+1.0%)
vs 8 Oct 2026
CIF New Orleans - US importCIF
$305.00/mt12 Oct 20260.00(0.0%)
vs 8 Oct 2026
HBI - Venezuela export—
$405.00/mt12 Oct 2026-2.00(-0.5%)
vs 8 Oct 2026
HBI - Mediterranean import—
Specifications, coverage and how to compare

Trading Basis & Assessment Specifications

Each series keeps its own delivery basis and published unit.

Hub Coverage

  • 36 series with a loaded observation; 36 daily and 0 weekly.
  • Units: USD/mt (21), USD/lt (8), BRL/mt (3), GBP/mt (2), MXN/mt (2). Values in different units are not converted or compared on this site.
  • Delivery terms in the basis column: no Incoterm stated (17), CFR (7), FOB (7), DELIVERED (4), CIF (1). Different delivery terms are not interchangeable; the gap may reflect freight, insurance, basis, parcel and timing differences.
  • Latest assessment dates range from 8 Oct 2026 to 12 Oct 2026; compare only series with the same date.

How to Compare These Series

  • All series in this hub are daily assessments; the change shown compares two consecutive daily readings.
  • FOB series (7) price the cargo at the loading port; CFR/CIF series (8) include freight to the named destination. Compare within one delivery term; the gap between terms may reflect freight, insurance, location basis, parcel size and timing, and is neither a margin nor a freight rate.
  • Units differ: GBP/mt (2), USD/mt (21), USD/lt (8), BRL/mt (3), MXN/mt (2). Pick the series in the unit you trade; this site does not convert between them.

Based on each series delivery term, unit and type. No average across bases or units is computed for this hub.

Sources for the explanations on this page

Prices and dates are published observations. Counts and ranges above are computed from those observations (methodology).