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Heavy Melting Scrap (hms) Price Trend and Forecast

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Historical Data Since 2015
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  • Commodity Pricing

heavy melting scrap (hms) Price Trends by Country

nlNetherlands
usUnited States
trTurkey

Global heavy melting scrap (hms) Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Heavy Melting Scrap price assessment:

  • 1&2 (80:20) FOB Rotterdam, Netherlands
  • 1&2 (80:20) Del Chicago, USA
  • 1&2 (80:20) EX Iskenderun, Turkey

Heavy Melt Scrap Price Trend Q3 2025

As of Q3 2025, Heavy Melting Scrap (HMS) prices on the global market have been on a downward trend, influenced by a weak demand environment created by steelmakers, an oversupply of scrap, and competition from alternative raw materials such as DRI and billet. Significant price declines month on month noted in Turkey and the EU, where the price drop for Turkish import scrap has been about 2.2% in September.

The rise in freight costs, currency volatility, and weak construction activity have exerted additional pressure on scrap prices. Unless there is a solid recovery in demand or a dislocation of supply, Heavy Melting Scrap prices are likely to remain under downward pressure until the end of the quarter.

USA

Heavy Melt Scrap Domestically Traded Heavy Melt Scrap price, DEL Alabama, the US, Grade- 1&2 (80:20).

According to PriceWatch, in Q3 2025, the heavy melt scrap (HMS) price trend in U.S. market experienced a 1.78% decrease in prices compared to Q2, driven by softer demand from steel mills, tighter margins, and stable to slightly oversupplied scrap availability. The heavy melt scrap (HMS) price trend showed a mild but steady decline, reflecting cautious buying behaviour and limited export opportunities.

While supply remained relatively consistent, slowing downstream steel production and minimal export demand weighed on pricing. Regional dynamics and mill inventories influenced localized variations, but overall, the market remained stable with no sharp volatility, suggesting a correction rather than a downturn.

The 2.11% decrease in Heavy Melt scrap prices in the USA during September 2025 can be attributed to weaker demand from domestic steel mills amid slower construction activity. Additionally, increased scrap supply from demolition projects may have further pressured prices downward.

Netherlands

Heavy Melt Scrap Export prices FOB Rotterdam, Netherlands, Grade- 1&2 (80:20).

The heavy melt scrap price trend in the Netherlands for Q3 2025 indicated a 2.25% decrease from Q2. The decline has been tied to sustained weak demand for heavy melt scrap in the steel sector, as well as high levels of inventories and limited amounts of exporting, especially to Turkey. Heavy melt scrap inventories continue to grow, with high collection rates from the supply side, resulting in an oversupply within the local market, which weighs heavily on the scrap price.

Additionally, because Dutch merchants are major players in international scrap exports, an overall decline in demand for heavy melt scrap globally directly affects the Netherlands prices. Unless there is higher demand or stimulus policies, there has been a caution to notate a bearish attitude in the heavy melt scrap market as Q4 begins.

Heavy Melt Scrap prices in the Netherlands declined by 0.51% in September 2025, the factors leading to this decrease have been tied to the lack of demand from steel mills in the Netherlands due to slowing construction activity. Furthermore, the increased supply of heavy melt scrap from the domestic recycling sector contributed to the downward pressure on prices.

Turkey

Heavy Melt Scrap Domestically Traded Heavy Melt Scrap price, Ex-Iskenderun, Turkey, Grade- 1&2 (80:20).

In Q3 2025, the heavy melt scrap price trend in Turkey has shown a moderate decline of approximately 2.27% compared to Q2, driven by continued weak domestic steel demand, oversupply in the scrap market, and competition from billet imports. Despite this downward pressure, prices are unlikely to fall sharply as sellers resist deep cuts and mills maintain cautious buying amid subdued rebar and construction activity.

Overall, the market outlook remains soft but stable, with limited downside risk unless there is a sudden shift in steel demand or external factors impacting supply and cost dynamics. The 0.95% decrease in Heavy Melt scrap prices in Turkey in September 2025 can be attributed to weakened demand from local steel mills amid slowing construction activity and increased availability of cheaper scrap imports. Additionally, global economic uncertainty and currency fluctuations may have exerted downward pressure on scrap metal pricing.

Heavy Melting Scrap (HMS) Price Trend Analysis: Q2 2025

According to the PriceWatch, In Q2 2025, heavy melt scrap (HMS) prices dropped by $311.76 per metric ton, FOB Rotterdam a 1.65% decrease, driven by geopolitical tensions and tariff shifts. Conflicts in Eastern Europe and the Middle East disrupted steel production and trade, reducing demand from key importers.

At the same time, major economies like the U.S. and EU imposed new tariffs to protect domestic steel industries, discouraging international scrap purchases and contributing to regional oversupply. Additionally, sluggish industrial recovery in China and logistical challenges, including elevated freight costs and port delays, weakened global demand further.

These factors combined to create a bearish market sentiment, leading to the sharp price decline despite seasonal construction demand that typically supports scrap consumption in the second quarter. The market remains cautious, with traders closely watching for policy shifts or de-escalation in geopolitical hotspots that could stabilize demand and pricing moving into Q3 2025. 

In the first quarter of 2025, the heavy melting scrap (HMS) market experienced a notable downturn, with prices declining by $317.68 per metric ton, FOB Rotterdam representing a 1.43% decrease. This reduction reflects a combination of softening global demand, particularly from major steel-producing countries facing slower economic activity and reduced construction output.

Additionally, oversupply in certain regions, coupled with fluctuating energy costs and logistical challenges, contributed to downward pressure on prices. The modest percentage change suggests that while the absolute price drop was significant, the market remains relatively stable in broader historical terms, signalling potential resilience or stabilization in the upcoming quarters. 

Heavy Melting Scrap (HMS) Price Trend Analysis: Q4 2024

In Q4 2024, the heavy melting scrap market is experiencing a notable decline, with prices dropping by $322.28 per metric ton, FOB Rotterdam representing a 5.41% decrease compared to the previous quarter. This downward trend may reflect a combination of factors such as reduced demand from steel producers, increased availability of scrap materials, or broader economic pressures impacting the metals industry.

The price decline could influence steel manufacturing costs, potentially easing input expenses but also signalling cautious market sentiment. Stakeholders should closely monitor supply chain dynamics and global steel demand to anticipate further shifts in heavy melting scrap pricing going forward. 

In Q3 2024, the heavy melting scrap market experienced a notable price decline, dropping by $340.71 per metric ton, FOB Rotterdam which equates to a 2.63% decrease compared to the previous quarter. This reduction reflects weakening demand pressures in the steel recycling sector, possibly influenced by slower industrial activity and cautious market sentiment amid global economic uncertainties.

The price adjustment suggests that suppliers may be facing increased inventory levels or reduced purchasing from steel mills, impacting overall scrap valuation. Stakeholders should monitor raw material sourcing strategies closely and anticipate potential further fluctuations as market conditions evolve. 

In Q2 2024, the market for Heavy Melting Scrap (HMS) experienced a notable downturn, with prices declining by $349.93 per metric ton, FOB Rotterdam representing a 5.66% drop. This decrease reflects weakening global demand, particularly from key steel-producing regions facing slower industrial output and cautious inventory management amid economic uncertainties.

Contributing factors include softening raw material demand from major importers like Türkiye and India, as well as increased availability of domestic scrap in some regions, which reduced reliance on imports. Additionally, global coordination improvements and lower freight costs may have pressured HMS prices further, intensifying the downward trend during the quarter. 

In Q1 2024, the price trend of Heavy Melting Scrap (HMS) saw a notable increase of $370.93 per metric ton, FOB Rotterdam representing a 7.89% rise from the previous period. This surge was primarily driven by strong demand in the steel manufacturing sector, especially in emerging markets, coupled with constrained global supply due to logistical disruptions and tighter scrap collection regulations in key exporting countries.

Additionally, energy costs remained elevated, contributing to higher overall production expenses and further pressuring scrap prices. The price hike also reflects increased speculative interest and a global shift toward more sustainable steel production using recycled inputs, reinforcing the upward momentum in HMS valuations. 

Technical Specifications of Heavy Melting Scrap (hms) Price Trends

Product Description

Heavy Melting Scrap (HMS) is a category of recyclable ferrous metal primarily composed of iron and steel. Commonly classified into HMS 1 and HMS 2 based on composition and density, it is widely used in steel production and foundry applications. HMS serves as a vital raw material for electric arc furnaces and induction furnaces, helping in the manufacturing of new steel products. Known for its high density and minimal impurities, heavy melting scrap contributes to sustainable metal recycling practices in the construction, automotive, and manufacturing industries.

Identifiers and Classification:

HS Code – 720449

Heavy Melt Scrap Synonyms:

  • Heavy Melting Steel
  • Recyclable Steel Scrap
  • Wrought Iron Scrap
  • Mixed Heavy Steel Scrap


Heavy Melt Scrap Grades Specific Price Assessment:

  • 1&2 (80:20)


Heavy Melt Scrap Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-30 MT and 25-30 MT
  • Packaging Type (Product & Country Specific): Container


Incoterms Referenced in Heavy Melt Scrap Price Reporting

Shipping Term  Location  Definition 
FOB Rotterdam  Netherlands  Heavy Melt Scrap Export price from Netherlands 
Del Chicago  USA  Domestically Traded Heavy Melt Scrap price in USA 
Ex Iskenderun  Turkey  Domestically Traded Heavy Melt Scrap price in Turkey 

*Quotation Terms refers to the quantity range specified for the Heavy Melt Scrap being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Heavy Melt Scrap packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Heavy Melt Scrap Manufacturers

Manufacturer 
Addi 
Sova Udyog 
Guardian Castings Pvt. Ltd. 
Nucor Corporation 

Heavy Melting Scrap (hms) Industrial Applications

heavy melting scrap market share end use

Historically, several events have caused significant fluctuations in Heavy Melting Scrap (hms) prices

  • Geopolitical Tensions and Export Policies (2022-2023): Trade restrictions, export bans (e.g., from key suppliers like Russia, Ukraine, and parts of Southeast Asia), and geopolitical instability disrupted global scrap supply chains. These factors led to supply shortages and price volatility, further exacerbated by inflationary pressures.
  • Global Steel Demand Recovery (2021-2022): As economies reopened and infrastructure stimulus programs were rolled out globally especially in the U.S., China, and India demand for steel surged. This recovery increased the need for HMS as a key raw material in electric arc furnace (EAF) steelmaking, contributing to price escalation.
  • Pandemic-Induced Disruptions (2020-2021): The COVID-19 pandemic caused widespread shutdowns of steel mills and recycling facilities, significantly reducing scrap collection and processing. This supply-side constraint led to a sharp rise in HMS prices as demand began recovering ahead of supply.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global heavy melting scrap (hms) price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the heavy melting scrap (hms) market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence heavy melting scrap (hms) prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely heavy melting scrap (hms) market data.

Track PriceWatch's heavy melting scrap (hms) price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: We gather information from global exchanges, industry reports, and proprietary sources to provide timely and accurate assessments.
  • On-the-Ground Intelligence: We incorporate insights from producers, suppliers, and end-users across key production regions to offer a comprehensive view of market dynamics.
  • Supply Chain Monitoring: We track the availability and cost of raw materials to evaluate supply conditions and price pressures.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: We monitor political and economic events that impact supply chains and the flow of Heavy melting scrap production.
  • Market Demand Shifts: Our analysis considers global shifts in industrial and consumer demand, particularly in sectors like automotive, electronics, and renewable energy.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We assess operational Heavy melting scrap production facilities and their output levels.
  • Future Capacity Projections: We forecast future production capabilities, factoring in technological advancements and production expansions.

Demand Forecasting

  • Sectoral Demand Analysis: We evaluate demand from major sectors such as automotive catalysts, renewable energy, and electronics.
  • Regional Demand Dynamics: We assess demand from key markets and regions, especially the Netherlands, the USA, and TĂĽrkiye and their impact on global pricing.

Pricing Model Development

  • Dynamic Pricing Models: Our pricing models incorporate real-time data, historical trends, and market projections.
  • Scenario Analysis: We perform scenario-based forecasting, assessing potential market conditions under various economic, geopolitical, and technological developments.

Reporting and Client Support

  • Comprehensive Reports: We provide actionable insights, forecasting, and detailed analysis of current and future price trends.
  • Ongoing Support: PriceWatch delivers continuous updates and expert advice tailored to your business needs.

Heavy Melting Scrap (hms) Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for heavy melting scrap (hms). PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

• Raw Material Availability – HMS is derived from discarded steel and iron scrap. The availability of obsolete scrap (from construction, demolition, and end-of-life products) affects supply and pricing.

• Global Supply and Demand – Demand from steel mills, especially in developing nations, can drive prices up. Oversupply due to increased collection or reduced demand will exert downward pressure.

• Steel Market Trends – HMS is a key input in electric arc furnace (EAF) steelmaking. Trends in finished steel prices and production rates directly impact scrap demand and prices.

• Energy and Processing Costs – Collection, sorting, cutting, and transportation of HMS require labour and energy. Increases in fuel or electricity prices can raise processing costs, influencing overall prices.

• Transportation and Logistics – Shipping costs, freight rates, port congestion, and logistical disruptions affect HMS pricing, especially in the global market.

• Regulatory and Environmental Policies – Government regulations on scrap recycling, environmental compliance, and export restrictions (e.g., bans or quotas) can alter market dynamics and pricing.

• Currency Exchange Rates – Since HMS is widely traded internationally, fluctuations in exchange rates (especially against the US dollar, which is commonly used in trading) can affect pricing in local markets.

• Geopolitical Factors – Conflicts, trade wars, and sanctions can disrupt scrap flows or affect global confidence, impacting pricing volatility.

• Seasonality – Harsh weather conditions (e.g., winter in northern countries) can slow down scrap collection and transportation, tightening supply and influencing prices.

The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect heavy melting scrap production costs and pricing.

Heavy melting scrap prices generally rise with inflation, as higher energy, transportation, and labor costs increase the overall cost of recycling and processing scrap metal. However, global steel demand and supply chain dynamics often play a more significant role in influencing HMS prices, which can moderate or amplify the impact of inflation.

PriceWatch offers a range of tools and services to track commodity prices effectively:

Real-Time Data: Access market intelligence and data on global heavy melting scrap supply chains.

Expert Analysis: Insights into market trends and potential risks.

Risk Assessment: Tools to evaluate supply chain vulnerabilities.

Benchmarking: Compare heavy melting scrap prices and sourcing practices.

Supplier Intelligence: Information on supplier reliability and financial health.

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