Ferrous Scrap Index

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Gain a competitive edge with MEPS expertly researched ferrous scrap index, covering key regions worldwide.

Our ferrous scrap indices provide you with the relative change each month instead of the actual price, making it easy to spot shifts and trends across key markets including Europe, China, India, USA, Japan and Russia.

To learn more about our independent data and how we can help your business, please contact usFor even more insights, browse our collection of in-depth steel reviews.

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What's included with my subscription?

With your 12-month single-licence subscription, you'll receive the latest ferrous scrap index table, updated monthly, and 3 years of historical data as standard.

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All MEPS subscription rates are for a single-user licence, with multi-user licences available as well. To discuss company licence options, please contact us.

Historical ferrous scrap index tables

Get insights into past trends and market performance with 3 years of historical data at no extra cost.

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Are MEPS ferrous scrap indices reliable?

MEPS is the trusted source for businesses that need dependable steel market intelligence. Our ferrous scrap index tables have been independently researched by experienced steel analysts based on trusted, long-standing relationships with leading steel companies.

This means we’re able to produce index tables with greater accuracy than our competitors. We’re trusted by over 5,000 subscribers, including household names and global manufacturers.

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  • GBP 280 per data table (single-user licence)
  • 12 month subscription, latest prices are updated monthly
  • 3 years historical data included
  • Pay by credit card to receive instant access
  • Access your subscriptions via MEPS Portal, download available

Index based on prices in local currency and US dollars per tonne. January 2009 = 100

Ferrous Scrap Index

MonthChina CNYEurope EURIndia INRJapan JPYRussia RUBUSA USDChina USDEurope USDIndia USDJapan USDRussia USD
Jun-2024
Jul-2024134.4162.4257.2231.0479.4170.4126.4130.2150.6128.6169.8
Aug-2024119.3162.4258.2214.3443.4170.4112.6130.9150.6128.4156.8
Sep-2024119.7143.9252.5190.5412.6170.4115.0119.0147.0116.6143.0
Oct-2024123.3141.5254.2190.5421.8178.8120.1116.9148.0119.2139.1
Nov-2024110.9142.9258.0190.5454.7178.8106.5115.8149.9112.1144.9
Dec-2024112.3140.5252.9190.5468.1176.0105.6110.0145.8114.8137.1
Jan-2025108.8142.9252.7185.7433.1187.2101.9109.6143.9106.0120.2
Feb-2025109.5148.8250.7185.7372.4203.9103.3114.2140.8108.0116.1
Mar-2025107.7152.7256.2185.7372.4220.7101.1119.7143.4111.2129.2
Apr-2025105.3151.2258.5188.1372.4201.199.0124.8148.0115.8137.8
May-2025
Jun-2025
Jul-2025
Aug-2025
Sep-2025
Full Access£280per annum

Purchase this data table to receive the latest figures, every month, for the next 12 months.

Ferrous Scrap Index

MEPS ferrous scrap indices are calculated by comparing the current price with the corresponding value in January 2009. This base value has an index number of 100.

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