Raw materials price guide

Metal Bulletin has produced independent assessments of non-ferrous metal prices, steel prices and scrap prices for many decades since it was established in 1913. These non-ferrous and ferrous metal prices and scrap prices are used widely. Producers, consumers and trading companies take Metal Bulletin prices as the basis to settle contracts with their counter-parties. Companies and banks employ them to value inventories or ores, and to evaluate projects and opportunities. Governments consider them when they calculate royalties and tariffs.

For more information on our pricing methodologies, please visit our pricing methodology page.

UK FERROUS SCRAP

CUT GRADES

OA plate and structural prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

1&2 old steel prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

12A/C/D new production heavy and shovellable steel prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

BALES AND CUTTINGS

4A new steel bales prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

4C new steel bales prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

8A new loose light cuttings prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

8B new loose light cuttings prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

TURNINGS

7B heavy steel turnings prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

Cast iron prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

9A/10 heavy and light cast iron prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

9B/C cylinder block scrap prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

11A cast iron borings prices are assessed monthly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

UK INTERMERCHANT

5C loose old light prices are assessed weekly by Metal Bulletin’s London office. These are £ per tonne delivered prices.

UK FERROUS SCRAP EXPORT

HMS 1&2 (80:20 mix) export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob main UK port.

Shredded export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob main UK port.

INDIAN IMPORTS

HMS 1&2 (80:20 mix) import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr Nhava Sheva.

Shredded import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr Nhava Sheva.

ALLOY STEEL SCRAP

UK WHOLESALE MERCHANTS’ STAINLESS

18/8 turnings prices are assessed weekly by Metal Bulletin’s London office. Prices shown are £ per tonne delivered prices.

18/8 solids prices are assessed weekly by Metal Bulletin’s London office. Prices shown are £ per tonne delivered prices.

12-13% Cr solids prices are assessed weekly by Metal Bulletin’s London office. Prices shown are £ per tonne delivered prices.

16-17% Cr solids prices are assessed weekly by Metal Bulletin’s London office. Prices shown are £ per tonne delivered prices.

CIF EUROPE STAINLESS

18/8 solids prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cif Europe.

18/8 turnings prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cif Europe.

UK HOME HIGH SPEED

6-5-2 solids prices are assessed weekly by Metal Bulletin’s London office. Prices shown are pence per kilogram delivered.

6-5-2 turnings prices are assessed weekly by Metal Bulletin’s London office. Prices shown are pence per kilogram delivered prices.

ROTTERDAM EXPORT

HMS 1&2 (80:20 mix) export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob Rotterdam.

HMS 1&2 (70:30 mix) export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob Rotterdam.

Shredded export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob Rotterdam.

TURKISH IMPORT

HMS 1&2 (80:20 mix) import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr main Turkish port.

HMS 1&2 (70:30 mix) import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr main Turkish port.

Shredded import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr main Turkish port.

US EXPORT

HMS 1&2 (80:20 mix) export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob East Coast.

Shredded export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob East Coast.

USA


IRON AGE SCRAP PRICE BULLETIN COMPOSITE

No 1 heavy melting prices
are assessed weekly. Prices are $ per long ton delivered Pittsburgh/Chicago.

No 2 bundles prices are assessed weekly. Prices are $ per long ton delivered Pittsburgh/Chicago.

BROKER BUYING PRICE

No 1 busheling prices are assessed weekly by Metal Bulletin’s sister publication, American Metal Market (AMM). Prices shown are $ per tonne delivered to Detroit.

No 1 bundles prices are assessed weekly by Metal Bulletin’s sister publication, American Metal Market (AMM). Prices shown are $ per tonne delivered to Detroit.

CHINA DOMESTIC

Heavy scrap prices are assessed weekly by Metal Bulletin’s Shanghai office. Prices shown are yuan per tonne delivered mill.

GERMANY

No E2/8 (new steel scrap) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

No E1 (new steel scrap) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

No E1 (old steel scrap) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

No E3 (old thick steel scrap) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

No E40 (shredded steel scrap) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

No E5 (steel turnings) prices are assessed monthly by the German scrap federation (BDSV) and reprinted by Metal Bulletin. Prices shown are euro per tonne, delivered at scrap yard.

STEELBENCHMARKER™ SCRAP PRICES 

Shredded scrap prices for the USA, east of the Mississippi bar the West Coast, are assessed weekly by SteelBenchmarket™. Prices shown are $ per metric tonne and gross ton.

No 1 heavy melting scrap prices for the USA, east of the Mississippi, are assessed weekly by SteelBenchmarker™. Prices shown are $ per metric tonne and gross ton

No 1 busheling scrap prices for the USA, east of the Mississippi, are assessed weekly by SteelBenchmarket™. Prices shown are $ per metric tonne and gross ton

SCRAP SUBSTITUTES

EU IMPORTS

Pig iron import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are € per tonne cfr Western Europe.

SOUTH AMERICA EXPORTS

Hot briquetted iron export prices are assessed weekly by Metal Bulletin’s Latin America correspondent. Prices shown are $ per tonne fob Venezuela.

Pig iron basic steelmaking prices, $ per tonne fob Vitoria/Rio are assessed weekly by Metal Bulletin’s Latin America correspondent.

Pig iron basic steel-making prices, $ per tonne fob Ponta da Madeira are assessed weekly by Metal Bulletin’s Latin America correspondent.

US IMPORTS

Pig iron import prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne cfr Gulf of Mexico.

CIS EXPORTS

Pig iron export prices are assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne fob main Black/Baltic sea port.

CHINA DOMESTIC

Pig iron prices are assessed weekly by Metal Bulletin’s Shanghai office. Prices shown are yuan/tonne delivered warehouse.

CHINA IRON ORE

Iron ore fines (63% fe) prices are assessed weekly by Metal Bulletin’s Shanghai office. Prices shown are $ per dry metric tonne cfr main China port.

Iron ore pellets (65-66% fe) prices are assessed daily by Metal Bulletin’s Shanghai office. Prices shown are $ per dry metric tonne cfr main China port.

MB INDICES

Iron ore index (62%) prices are assessed daily by Metal Bulletin’s London office. Prices shown are $ per tonne.

Ferrous scrap cfr Turkey HMS 1&2 (80:20) is assessed daily by Metal Bulletin’s London office. Prices shown are $ per tonne.

Ferrous scrap fob Rotterdam HMS 1&2 (80:20) is assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne.

Ferrous scrap cfr India shredded is assessed weekly by Metal Bulletin’s London office. Prices shown are $ per tonne.