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Shredded Scrap Price Trend and Forecast

UNSPC code: 11191600
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing
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shredded scrap Price Trends by Country

itItaly
usUnited States
deGermany
esSpain

Global shredded scrap Spot Market Prices, Trend Analysis and Forecast

Price Watchâ„¢ provides real-time price assessments and price forecasts for Shredded Scrap across top trading regions:

Shredded Scrap  
Regional Coverage 		 Shredded Scrap Grade and Country Coverage  Shredded Scrap Pricing Data Coverage Explanation 
 

 

Europe Shredded Scrap Pricing Analysis 

 

 

 Shredded Scrap E40 FD Prices at Taranto, Italy Weekly Price Update Shredded Scrap Real-Time Export Prices Taranto, Italy to European Markets
Shredded Scrap E40 FD Prices at Hamburg, Germany Weekly Price Update Shredded Scrap Real-Time Export Prices Hamburg, Germany to European Markets
Shredded Scrap E40
Ex-Aviles Domestic Prices, Spain		 Real-Time Weekly Price Update of Shredded Scrap Domestic Prices in Aviles, Spain
North America
Shredded Scrap Pricing Analysis 		 Shredded Scrap at Del Alabama port, USA Weekly Price Update on Shredded Scrap Real-Time Import Prices at Del Alabama, USA

Shredded Scrap Price Forecasts & Market Foresight Q3 2026

Outlook: Mildly Bearish

Confidence: High

Shredded scrap prices are expected to remain mildly bearish across key markets during Q3 2026. Influenced by subdued steel mill buying activity, cautious inventory management, and stable-to-soft demand from the construction and manufacturing sectors. Italy is likely to experience gradual price pressure amid weaker domestic consumption and competitive European scrap availability, with stabilization possible toward the end of the quarter.

Spain may follow a similar trend, with limited demand recovery and sufficient regional supply keeping prices under pressure. Germany is expected to witness a mild correction as cautious mill procurement and balanced scrap availability weigh on market sentiment, although strong recycling infrastructure may prevent sharper declines.

The USA is anticipated to see a moderate downward bias, supported by balanced supply conditions and slower export momentum, while relatively firm domestic steel demand could limit the extent of the decline.

Global Shredded Scrap Market Overview by Region (July–September 2026)

Country Grade/ Incoterm Outlook
Italy E40 FD Taranto Mildly Bearish
USA Del Alabama Mildly Bearish
Spain E40 EX Aviles Mildly Bearish
Germany E40 FD Hamburg Mildly Bearish

*Shredded Scrap Forecast represents an analytical assessment based on information available at the time of publication. Actual market prices may vary due to unforeseen operational, regulatory, geopolitical, or economic developments.

Explore the Complete Price Watch™ Shredded Scrap Forecast

Access comprehensive Shredded Scrap market intelligence, including a 3-Month Rolling Forecast, 12-Month Price Forecast, forward price curves, country-wise market outlooks, procurement insights, and monthly forecast updates.

Explore Price Watch™ Shredded Scrap Forecasts

What’s Included

The 3-Month Forecast (Updated Monthly)

It reflects changes in ores and scrap feedstock costs, energy prices, producer operating rates, plant outages, inventory levels, trade flows, freight rates, regional demand, and geopolitical developments affecting the global Shredded Scrap market.

The 12-Month Forecast (Published Annually)

It provides a strategic outlook based on expected capacity additions, supply-demand balances, feedstock economics, macroeconomic conditions, industrial production trends, trade policies, seasonal demand patterns, and long-term supply chain developments, supporting procurement, budgeting, and strategic planning.

Our Proprietary Hybrid Forecasting Model Evaluates:

  • Feedstock & production economics
  • Plant operating rates & outages
  • Inventory and supply-demand balance
  • Regional trade flows & freight
  • Import-export dynamics
  • Macroeconomic & geopolitical developments

 

Track Shredded Scrap Supply Disruptions in Real Time

As geopolitical risks continue to reshape global supply chains, stay ahead of the events that drive price movements by monitoring plant shutdowns, maintenance turnarounds, force majeure events, logistics bottlenecks, trade restrictions, and operational disruptions before they impact Shredded Scrap markets.

Access the Price Watch™ GIO Tracker

Shredded Scrap Price Trend Q2 2026

In Q2 2026, global Shredded Scrap prices have inclined as stronger steel mill procurement activity. Improving construction sector demand, and tighter availability of quality ferrous scrap supported upward price momentum across key markets. Limited collection rates and elevated processing costs have constrained supply flows.

While increased electric arc furnace (EAF) production requirements have strengthened demand for shredded scrap throughout the quarter. The Shredded scrap Price chart has captured this gradual upward movement during April and May 2026, reflecting firm buying interest and competitive sourcing conditions.

Toward the end of the quarter, regional inventory rebuilding and variations in finished steel demand have created mixed market signals. The Shredded scrap Price index has begun reflecting a more balanced market environment, with June 2026 prices showing mixed trends across regions. As some markets experienced continued support from tight supply while others witnessed stabilization due to improved availability and cautious procurement.

Italy: Shredded Scrap Export prices, FD Taranto, Italy; Grade – E40

In Q2 2026, Shredded Scrap Price Trend in Italy has recorded an increase of 9.3%, supported by tightening domestic scrap availability. Improved steel mill procurement activity, and firm demand from electric arc furnace (EAF) producers. Limited collection volumes, higher processing costs, and constrained inflows of quality ferrous scrap have strengthened supplier bargaining power across the Italian market.

Increased steel production schedules during April and May have encouraged mills to secure additional shredded scrap volumes, driving competition for premium grade material and sustaining upward price momentum. Elevated energy and logistics expenses have further contributed to higher scrap processing and delivery costs.

However, towards the end of the quarter, improved inventory coverage at mills and cautious buying behaviour have moderated price acceleration. In June 2026, Shredded Scrap Prices in Italy have increased by 2.13%, as steady steel demand and limited availability continued to provide support. While balanced procurement strategies and stabilized market conditions kept further gains contained.

USA: Shredded Scrap Export prices, Del Alabama, USA; Grade – E40

In Q2 2026, Shredded Scrap Price Trend in the USA has recorded an increase of 7.43%, driven by tighter scrap collection volumes. Resilient domestic steel production, and stronger procurement activity from electric arc furnace (EAF) mills. Limited availability of prime quality shredded scrap, combined with elevated processing and transportation costs, has supported upward price movement across regional markets.

Improved steel demand during April and May encouraged mills to replenish inventories and secure additional scrap tonnage, creating stronger competition among buyers for available material. Higher finished steel prices and stable construction and manufacturing activity further reinforced scrap purchasing interest.

However, by the end of the quarter, improved supply flows, cautious mill buying, and inventory normalization reduced upward pressure. In June 2026, Shredded Scrap Prices in the USA have declined by 3.51%, as softer spot demand. Increased scrap availability, and reduced urgency among steel producers prompted market corrections, leading to lower transaction levels despite underlying supply side support.

Germany: Shredded Scrap Export prices, FD Hamburg, Germany; Grade – E40

In Q2 2026, Shredded Scrap Price Trend in Germany has recorded an increase of 7.68%. Supported by stronger steel mill purchasing activity, constrained scrap collection, and improving demand from European electric arc furnace (EAF) producers. Limited availability of high quality shredded scrap, combined with elevated energy, labour, and processing costs, has pushed suppliers to maintain firm price levels across the German market.

During April and May, increased restocking activity from steelmakers and improved downstream steel demand strengthened competition for available scrap volumes, contributing to upward price movement. Tight regional supply conditions and cautious export availability further supported domestic pricing.

However, towards the end of the quarter, improved inventory positions at mills and slower spot market activity reduced buying intensity. In June 2026, Shredded Scrap Prices in Germany have declined by 0.42%, as balanced supply conditions, cautious procurement strategies. Stable mill inventories limited further price increases, resulting in a marginal market correction while prices remained at elevated levels.

Spain: Shredded Scrap Export prices, EX Aviles, Spain; Grade – E40

In Q2 2026, Shredded Scrap Price Trend in Spain has recorded an increase of 10.79%, driven by stronger domestic steelmaking activity. Tightening scrap availability, and increased procurement requirements from electric arc furnace (EAF) producers. Limited collection volumes, higher processing expenses, and elevated energy and logistics costs have supported a firm pricing environment across the Spanish scrap market.

During April and May, improved steel demand and restocking activity from mills intensified competition for available shredded scrap supplies, pushing prices higher. Reduced availability of export quality scrap and stronger regional demand from European steel producers further reinforced upward price momentum.

However, towards the end of the quarter, improved inventory levels and more cautious purchasing behaviour from mills helped moderate market gains. In June 2026, Shredded Scrap Prices in Spain have increased by 1.01%, as steady steel production demand and relatively constrained supply conditions continued to provide price support. While balanced market fundamentals limited the pace of further increases.

 

Shredded Scrap Price Trend Analysis: Q1 2026

Shredded Scrap Price Trend Q1 2026

Compared to Q4, global shredded scrap price trends have increased significantly in Q1 2026 due to strong demand for EAF-produced steel and reduced quantities from certain regions during this time frame.

Collection volume increased and difficulties with transportation have reduced the amount of available scrap on the market and have caused buyers to compete for high quality scrap thereby maintaining stable pricing levels.

Although fluctuations have been observed during March due largely to seasonality effects, the current market indicates that shredded scrap prices will continue to experience a shredded scrap price trend of increase in the coming months.

Italy: Shredded Scrap Export prices, FD Taranto, Italy; Grade – E40

In Q1 2026, the shredded scrap price trend in Italy showed a 5.52% increase from Q4 2025, reflecting a modest upward trajectory driven by renewed steel mill activity and seasonal demand recovery after the winter slowdown.

Domestic mills resumed higher scrap procurement as inventories normalized, tightening available supply and supporting stronger bids, while broader European market trends and global scrap price recovery reinforced confidence in local pricing.

Compared with the relatively stable or slightly declining prices in late 2025, shredded scrap particularly Grade E40 experienced renewed upward pressure, and this trend is expected to continue moderately into Q2 2026, contingent on steel production levels and alternative raw material pricing dynamics.

Italy shredded scrap prices rose by 2.67% in March 2026 due to tight supply, weak but stable steel demand, higher logistics costs, and cautious mill buying amid earlier low inventories.

USA: Shredded Scrap Export prices, Del Alabama, USA; Grade – E40

In Q1 2026, the US shredded scrap price trend experienced an 11.06% upward price trend compared to Q4 2025, driven by increased mill restocking, tighter supply from early year weather disruptions, and rising demand signals. Prices surged in January and February, with shredded scrap rates climbing late Q4 levels, before stabilizing in March as markets adjusted to higher base levels.

The shredded scrap price trend reflected stronger negotiating leverage for sellers and cautious buying from mills, with regional variations across the East, Midwest, and West Coast, while the Producer Price Index for shredded carbon steel scrap indicated underlying inflationary pressures contributing to the bullish momentum.

U.S. shredded scrap prices rose by 4.43% in March 2026 due to winter supply tightness, strong EAF mill restocking, and a temporary export rebound tightening domestic availability.

Germany: Shredded Scrap Export prices, FD Hamburg, Germany; Grade – E40

According to Price-Watch™, in Q1 2026, Germany’s shredded scrap price trend experienced a 2.24% incline from Q4 2025, reflecting a firming price trend of shredded scrap driven by restocking activity from steel mills after year end slowdowns and tighter domestic supply.

Early 2026 saw shredded scrap prices stabilize and trend moderately upward, supported by robust export demand and constrained winter collection volumes, while overall market sentiment improved compared to the cautious conditions in late 2025.

The combination of steady domestic consumption, stronger cross border shipments, and continued demand for steelmaking inputs has reinforced the positive price trajectory, suggesting that shredded scrap values in Germany are likely to maintain moderate growth through the early part of 2026, barring any significant macroeconomic disruptions.

Germany shredded scrap prices rose by 3.06% in March 2026 due to higher energy costs, tight supply, and steady mill demand, despite weak underlying steel consumption.

Spain: Shredded Scrap Export prices, EX Aviles, Spain; Grade – E40

The price of shredded scrap metal in Spain rose by 7.86% in Q1 2026 as compared to the prior quarter’s (Q4 2025). This increase has been due to the recovery of steel consumption in Europe following the mild recovery from prior years, and as a result, we can expect to see further price increases for this type of metal throughout 2026.

Additionally, the suppliers of shredded scrap metal have started purchasing from manufacturers to replenish their inventories since there has been some growth in the construction industry recently, which has provided them with optimism regarding future pricing. Therefore, we expect the prices for shredded scrap to remain firm, while at the same time, there will be limited demand for this type of metal until after April.

Since March 2026, the shredded scrap average price in Spain increased by 4.77% over February 2026 due to less supply coming from the EU (European Union), increased energy costs in addition to moderate increases from existing inventory being refilled and recovering producer/supplier confidence.

Shredded Scrap Price Trend Analysis 2025

Shredded Scrap Price Trend Q1 2025

In the first quarter of 2025, the shredded scrap market experienced a notable price decline, with prices dropping by $350.68 per metric ton, FD Taranto representing a 2.57% decrease compared to the previous period. This downward trend suggests a cooling demand or an increase in supply, potentially influenced by shifts in global steel production, recycling rates, or raw material availability.

Such a price reduction could impact scrap suppliers and recyclers by tightening profit margins, while steel manufacturers might benefit from lower input costs. Market participants should closely monitor supply chain dynamics and macroeconomic factors to anticipate further price movements in the coming months. 

Shredded Scrap Price Trend Q2 2025

According to the PriceWatch, In Q2 2025, shredded scrap prices have increased by $355.76 per metric ton, FD Taranto a 1.65% rise influenced by ongoing geopolitical tensions and tariff impacts. Trade restrictions and tariffs, especially among major steel producers, have disrupted supply chains and raised import costs, tightening domestic scrap availability.

Geopolitical uncertainties, including conflicts affecting raw material exports and fluctuating energy prices, have also increased operational expenses for scrap processors. These combined factors have created supply constraints and elevated costs, driving shredded scrap prices higher. The market is responding to these pressures with reduced supply flexibility and increased demand for domestic scrap, reinforcing the upward price trend amid an uncertain global trade environment. 

Shredded Scrap Price Trend Q3 2025

In Q3 2025, global shredded scrap prices showed a negative trend driven by weak steel demand, excess supply, and subdued buying from key markets like Turkey and the EU. Economic uncertainty and softer construction and manufacturing activity led mills to reduce scrap intake, while inventory buildup pressured sellers to offer discounts.

Alternative raw materials such as DRI and HBI also undercut scrap demand in some regions. As a result, benchmark scrap prices like Turkey’s HMS 1&2 (80/20) fell, with similar declines seen in the U.S. and EU, reflecting broad downward pressure across the market.

USA: Shredded Scrap Domestically Traded price, DEL Alabama, USA, Grade- E40.

According to Price-Watch, In Q3 2025, shredded scrap prices in Germany have declined by 2.74% compared to Q2, driven by weaker demand from steel mills amid elevated energy costs and a seasonal slowdown in industrial activity. Reduced exports and heightened global competition have added further pressure, shaping a cautious market outlook.

Overall, the shredded scrap market has shown a modest downtrend influenced by both domestic and international factors, with uncertainty persisting into Q4. In September 2025, prices in Germany have fallen by 1.98%, reflecting reduced demand from the manufacturing sector and increased scrap supply, alongside broader global economic uncertainty and shifts in raw material sourcing.

Germany: Shredded Scrap Domestically Traded price, FD Hamburg, Germany, Grade- E40.

In Q3 2025, shredded scrap price trend in Germany have declined by 2.74% compared to Q2, driven by weaker demand from steel mills amid elevated energy costs and a seasonal slowdown in industrial activity. Reduced exports and heightened global competition have added further pressure, shaping a cautious market outlook.

Overall, the shredded scrap market has shown a modest downtrend influenced by both domestic and international factors, with uncertainty persisting into Q4. In September 2025, Shredded Scrap prices in Germany have fallen by 1.98%, reflecting reduced demand from the manufacturing sector and increased scrap supply, alongside broader global economic uncertainty and shifts in raw material sourcing.

Italy: Shredded Scrap Domestically Traded price, FD Taranto, Italy, Grade- E40.

During Q3 2025, shredded scrap price trend in Italy decreased by 3.92% compared to Q2 due to an overall downturn in demand from steel mills driven by seasonal slowdowns and lower production activity during summer holidays. Nonetheless, demand for shredded scrap in Q3 has been considered relatively tight, and the decline measured in shredded scrap prices has primarily from softening demand, with lower mills bids in the domestic market, and softening export market support.

Although this decrease is negligible, it is a reversal of sentiment following the modest gains in prices during Q2 and a sign of mills addressing cost control in a market with weak steel production levels and concerns over the uncertainty of their order books for future steel production.

In comparison, the shredded scrap prices in Italy decreased by 1.91% in September, in part due to steel mills having lesser demand for shredded scrap with construction activity slowing with the seasonal shift, and because domestic availability of scrap improved.

Spain: Shredded Scrap Domestically Traded price, EX Aviles, Spain, Grade- E40.

In the third quarter of 2025, the shredded scrap price trend in Spain reflected a decline of 3.13% compared to the preceding quarter indicating a softening market with lower demand from steel production, improving scrap availability, and stable import competition. Prices had stabilized in the second quarter of 2025 but declined in the third quarter indicating some measure of cautious purchasing and a more even marketplace and supply chain for scrap.

The decline in the price of shredded scrap also reflects the seasonal effect and macro pressures weighing on the marketplace, though participants seem to be on alert for shifting demand patterns or disruptions to supply which could reverse the trend.

In September 2025, the 2.0% decline in shredded scrap prices in Spain has been a reflection of lower demand from the steel manufacturing sector resulting from the slowing construction sector. Also, an improvement in availability of scrap due to increased levels of collection contributed to the downward pressure of pricing.

Shredded Scrap Price Trend Q4 2025

In Q4 2025, the global Shredded Scrap market exhibited a broadly negative trend, driven by weakened demand across major steelmaking regions and cautious purchasing activity from electric arc furnace (EAF) producers.

Prices declined in most markets as finished steel demand remained subdued, prompting mills to reduce melt schedules and limit large volume procurement.

Import dependent regions faced additional downward pressure due to competitive international scrap offers and flexible freight rates, encouraging buyers to adopt a wait and watch approach.

Meanwhile, markets with strong domestic scrap collection experienced further price corrections as supply remained ample relative to consumption. Downstream participants prioritized inventory management and short term purchasing strategies, which restrained any potential price recovery. Overall, the global Shredded Scrap market in Q4 2025 reflected soft market fundamentals with gradual price erosion, shaping a cautious sentiment moving into early 2026.

Italy: Shredded Scrap Export prices, FD Taranto, Italy; Grade – E40

According to Price-Watchâ„¢ , In Q4 2025, Shredded Scrap prices in Italy decreased by 7.05% compared to Q3 2025, indicating a bearish market trend amid cautious sentiment. Demand from key downstream sectors, particularly steel manufacturing and construction, softened as mills maintained sufficient inventories and adopted conservative procurement strategies in response to muted finished steel demand. Meanwhile, consistent supply from domestic scrap collection and stable import inflows ensured comfortable availability in the market, reducing immediate buying pressure.

Scrap processors continued normal operations, but competitive pricing and ample material availability contributed to downward price adjustments. By December 2025, limited spot transactions and restrained restocking from steel producers further weighed on the market, while subdued export demand provided minimal support. Overall, the shredded scrap market in Italy experienced a noticeable quarterly decline, reflecting stable supply conditions but weaker demand dynamics as the market approached early 2026.

USA: Shredded Scrap Export prices, Del Alabama, USA; Grade – E40

In Q4 2025, shredded scrap prices in the USA declined by 10.16% compared to Q3 2025, reflecting a softer trend in the domestic ferrous scrap market as overall sentiment remained cautious. Demand from steel mills and downstream construction and manufacturing sectors moderated toward the end of the year, while reduced procurement activity combined with sufficient scrap availability from demolition and industrial sources placed downward pressure on prices. Upstream supply remained ample due to steady scrap collection rates and improved recycling flows across major trading hubs, increasing material availability.

At the same time, mills adopted conservative purchasing strategies, adjusting procurement volumes in response to slower finished steel orders and inventory management priorities, while export demand remained subdued because of competitive global pricing and fluctuating freight dynamics, offering limited support to domestic scrap values. In December 2025, prices weakened further as several mills scaled back buying programs ahead of year end maintenance schedules and holiday slowdowns, and higher yard inventories along with competitive supplier offers added further pricing pressure, resulting in a notable quarterly decline in the U.S. shredded scrap market heading into early 2026.

Germany: Shredded Scrap Export prices, FD Hamburg, Germany; Grade – E40

In Q4 2025, Shredded Scrap prices in Germany decreased by 8.10% compared to Q3 2025, reflecting a softer market trend driven by subdued demand from domestic steel mills and cautious procurement strategies. Steel producers maintained adequate inventories and limited spot purchases as activity in key downstream sectors such as construction and automotive manufacturing remained moderate toward the end of the year.

At the same time, improved scrap collection rates and steady inflows from both industrial and obsolete scrap sources ensured sufficient domestic supply, while additional volumes from neighbouring European markets further contributed to a well balanced supply environment. Energy and logistics costs remained manageable for recyclers and processors, preventing major supply disruptions.

In December 2025, prices weakened further as mills successfully negotiated lower purchase rates amid comfortable inventory levels and limited export opportunities due to competitive global pricing. Overall, the German shredded scrap market experienced a demand driven correction during the quarter, entering early 2026 with stable supply conditions but cautious buying sentiment.

Spain: Shredded Scrap Export prices, EX Aviles, Spain; Grade – E40

In Q4 2025, Shredded Scrap prices in Spain decreased by 8.13% compared to Q3 2025, reflecting a softer market trend driven by subdued demand from the domestic steel manufacturing sector and improved scrap availability across European markets. Procurement activity remained cautious as steel mills limited purchases to immediate operational needs and avoided aggressive restocking amid expectations of further price corrections.

Supply conditions were comfortable due to steady scrap generation from demolition activities, automotive recycling, and industrial waste streams, which increased material flow to scrapyards and processors. Additionally, competitive offers from other European suppliers added downward pressure on prices, while domestic traders carefully managed inventories to prevent stock accumulation in the declining market environment.

End user demand from the construction and manufacturing sectors remained moderate, further limiting consumption growth. Toward December 2025, prices softened slightly as mills slowed procurement ahead of the year end holiday period and market participants delayed bulk purchases in anticipation of better pricing in early 2026, allowing the Spanish shredded scrap market to enter the new year with adequate supply but weaker pricing momentum.

Shredded Scrap Price Trend Q1 2024

In the first quarter of 2024, the shredded scrap market experienced a significant price increase of $417.60 per metric ton, FD Taranto representing a 7.59% rise compared to the previous period. This upward trend indicates strong demand pressures or supply constraints in the scrap metal sector, reflecting broader market dynamics such as increased manufacturing activity or disruptions in raw material availability.

The notable price hike suggests that buyers are willing to pay a premium for shredded scrap, potentially driven by tighter inventories and rising costs in related industries, which could impact downstream production costs and overall metal pricing in the coming months. 

 

Shredded Scrap Price Trend Q2 2024

In Q2 2024, the shredded scrap market experienced a noticeable decline, with prices dropping by $412.26 per metric ton, FD Taranto representing a 1.28% decrease compared to the previous quarter. This downward shift suggests a softening in demand or an oversupply in the market, potentially influenced by factors such as reduced industrial activity, changes in raw material sourcing, or global economic uncertainties.

The modest percentage decrease, while not drastic, indicates cautious sentiment among buyers and sellers, prompting stakeholders to closely monitor supply chain dynamics and market trends to adjust procurement and sales strategies accordingly. 

Shredded Scrap Price Trend Q3 2024

In Q3 2024, the shredded scrap market experienced a notable decline, with prices dropping by $379.38 per metric ton, FD Taranto representing a 7.98% decrease compared to the previous quarter. This downturn could be attributed to factors such as reduced demand from key industries like steel manufacturing, shifts in global supply chains, or an increase in scrap availability driving prices down.

The significant price correction may impact scrap suppliers’ margins and could signal a cautious market outlook moving forward, prompting stakeholders to reassess supply contracts and inventory strategies to mitigate potential financial strain. 

Shredded Scrap Price Trend Q4 2024

In Q4 2024, the shredded scrap market is expected to experience a notable decline, with prices dropping by $359.95 per metric ton, FD Taranto representing a 5.12% decrease compared to previous levels. This downward trend may reflect a combination of factors such as softened demand in the steel manufacturing sector, increased supply of scrap materials, or shifts in global trade dynamics impacting raw material costs.

The price reduction could signal challenges for scrap suppliers but may also create more competitive purchasing opportunities for steel producers looking to optimize costs. Overall, this price adjustment highlights the volatility and sensitivity of the shredded scrap market to broader economic and industrial conditions in the final quarter of 2024. 

Technical Specifications of Shredded Scrap Price Trends

Product Description

Shredded scrap consists of metal waste that has been mechanically processed into smaller, uniform pieces through shredding. It is commonly sourced from end-of-life vehicles, manufacturing offcuts, and industrial metal waste. Shredded scrap is widely used in the recycling industry as a raw material for steelmaking and metal recovery, helping reduce environmental impact and conserve natural resources. Its uniform size and composition make it ideal for efficient melting and reprocessing in foundries and steel plants. Additionally, shredded scrap supports sustainable manufacturing practices across automotive, construction, and heavy machinery sectors.

Identifiers and Classification:

  • HS Code – 720449


Shredded Scrap Grades Specific Price Assessment:

  • E40


Shredded Scrap Global Trade and Shipment Terms

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

Incoterms Referenced in Shredded Scrap Price Reporting

Shipping Term  Location  Definition 
FD Taranto   Taranto, Italy  Domestically Traded Shredded Scrap price in Italy 
Del Alabama  Alabama, USA  Domestically Traded Shredded Scrap price in USA 
FD Hamburg  Hamburg, Germany  Domestically Traded Shredded Scrap price in Germany 
EX Aviles  Aviles, Spain  Domestically Traded Shredded Scrap price in Spain 

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

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

Key Shredded Scrap Manufacturers

Manufacturer 
Tata Steel Recycling 
Bless Green Steel Pvt Ltd 
CERO 
G R Metalloys Pvt. Ltd. 
T & Y Iron and Steel Pvt. Ltd. 

Shredded Scrap Industrial Applications

shredded scrap market share end use

Historically, several events have caused significant fluctuations in Shredded Scrap prices

  • China Export Controls (2025): Restrictions and environmental quotas reduced exports by 40–50%, causing extreme global price jumps and regional market corrections.
  • Global Supply and Demand Acceleration (2023–2024): Rising feedstock costs, seasonal smelter maintenance, and stronger industrial demand in India and the USA drove Q2–Q3 price gains of approximately 18–28%.
  • COVID 19 Pandemic (2020): Lockdowns and operational disruptions at Chinese smelters caused supply shocks, leading to multiyear spot price highs worldwide.
  • Chinese Production Policies (2007–2008): Concentration of smelters and tighter export controls in China reduced output, creating global shortages and driving prices sharply higher.

 

These events underscore the shredded scrap market’s sensitivity to supply disruptions, industrial demand shifts, and geopolitical or policy interventions, highlighting the importance of monitoring both global supply and domestic consumption patterns.

Why Price Watchâ„¢?

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

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

Track Price Watch'sâ„¢ shredded scrap 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.

Shredded Scrap Market Price Trend published by Price Watchâ„¢ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watchâ„¢ assumes no liability for decisions taken based on this information.

Raw Material Availability – The supply of scrap metal, including the quantity and quality of shredded scrap, impacts pricing. Limited availability raises prices.

Global Steel Prices – Shredded scrap is a key input for steel production. Changes in global steel prices often reflect directly on scrap prices.

Demand from Steel Mills – Demand fluctuations from steel mills and foundries influence shredded scrap prices. Higher demand for recycled steel tends to increase prices.

Processing and Transportation Costs – Costs associated with shredding, sorting, handling, and transporting scrap affect the overall price.

Environmental Regulations – Regulations on recycling, emissions, and waste management can impact operational costs and, consequently, scrap prices.

Trade Policies and Tariffs – Import/export restrictions, tariffs, and trade agreements affect international scrap prices.

Market Competition – The number of scrap suppliers and their pricing strategies influence market prices.

Currency Exchange Rates – As shredded scrap is traded globally, currency fluctuations can impact prices in various regions.

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

Shredded scrap prices tend to increase with inflation, driven by higher raw material and processing costs. However, consistent demand from steel manufacturing and recycling industries supports price stability even amid wider economic changes.

Shredded scrap is a processed form of recycled metal produced by mechanically shredding large metal items such as end of life vehicles, appliances, and industrial equipment into small, uniform fragments. It is widely used as a secondary raw material in steelmaking and metal manufacturing due to its high metallic content, consistent size, and efficient melting properties.

Shredded scrap plays a vital role in electric arc furnace steel production, helping improve furnace efficiency, reduce energy consumption, and support sustainable metal recycling practices. Its market dynamics influence industries such as construction, automotive manufacturing, infrastructure, and heavy machinery. As global demand for recycled materials and low carbon steel production increases, shredded scrap remains an important component of the circular economy. Price-Watchâ„¢ tracks shredded scrap price trends to help businesses and consumers stay informed about supply conditions, recycling flows, industrial demand, trade policies, and overall market movements.

Shredded scrap prices vary by region and market conditions. Prices are typically quoted per metric ton or per pound and fluctuate based on global supply, import/export flows, industrial demand, and currency exchange rates. Price-Watchâ„¢ provides real time price assessments across different global markets to help buyers and sellers make informed decisions.

Prices fluctuate due to changes in Chinese production, environmental regulations, seasonal smelter maintenance, feedstock availability, and demand from pharmaceuticals, electronics, and alloys. Exchange rates, logistics costs, and global economic conditions also influence trends.

Major consumers include pharmaceuticals, electronics, metallurgy, chemical & pigment industries, and research/specialty materials. Price-Watchâ„¢ analyses demand patterns across all these industries.

Shredded scrap is primarily obtained as a by product of metal recycling and end of life product processing, especially from discarded automobiles, household appliances, construction materials, and industrial equipment that contain a mixture of ferrous and non ferrous metals. High quality shredded scrap is produced through mechanical shredding, magnetic separation, eddy current separation, and density based sorting processes, allowing recovery of clean metal fragments in uniform sizes suitable for efficient remelting and reuse in steelmaking and other metallurgical applications.

USA is the world’s largest exporter. Export volumes vary with domestic policies, environmental regulations, and international demand. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally meets demand, but disruptions may occur due to smelter shutdowns, environmental restrictions, or spikes in industrial consumption. Price-Watchâ„¢ monitors these supply demand imbalances to alert the market about potential shortages or surpluses.

Shredded scrap is graded by purity: industrial grade (E40), high purity E40, and ultra pure specialty forms. Higher purity grades cost more due to extra refining. Price-Watchâ„¢ provides separate price assessments for each grade to ensure market transparency.

When demand rises, for example: from pharmaceutical production or electronics manufacturing prices typically climb. Suppliers may prioritize certain customers, and lead times can extend. Price-Watchâ„¢ captures these market dynamics in real time.

Refining shredded scrap is energy intensive. Rising electricity, fuel, or chemical costs often get passed on to buyers. This is why prices in regions with cheaper electricity tend to be lower, a correlation that Price-Watchâ„¢ analyses in its price assessments & market reports.

Regional variations arise from import dependency, shipping costs, currency fluctuations, and local demand. Price-Watchâ„¢ tracks prices across all major regions to highlight these differences.

Forecasts depend on production capacity, Chinese export policies, industrial demand, and macroeconomic factors. Price-Watchâ„¢ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Yes. Accurate forecasts allow businesses to optimize purchasing, negotiate contracts, and manage inventories. If Price-Watchâ„¢ forecasts predict a price increase in three months, you might choose to stock up now or lock in long term contracts at current rates, potentially saving thousands of dollars.

Events such as Chinese export restrictions, smelter shutdowns, environmental regulations, or economic shocks can cause supply shortages and price volatility. Price-Watchâ„¢ provides timely alerts when such events affect the market.

Price-Watchâ„¢ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Shredded Scrap industry.

Access Real-Time Shredded Scrap Price Trends
Access Real-Time Shredded Scrap Price Trends