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Ferrous Scrap Prices

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Our ferrous scrap steel prices cover key markets worldwide, including Europe, China, India, Japan, Russia and USA, with prices provided in both USD and local currency.

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

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With your single-licence subscription, you'll receive the latest ferrous scrap prices, updated monthly. 

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Free historical data

In addition to monthly updates for the duration of your subscription, your ferrous scrap prices subscription includes data for the last three years, giving you insight into past trends.  

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MEPS is the trusted source for businesses that need dependable steel market intelligence. Our ferrous scrap price data has been carefully formulated by independent steel analysts based on trusted, long-standing relationships with leading steel companies.

This means we’re able to provide significantly more accurate steel price data than our competitors, and is why we’re trusted by over 5,000 subscribers and some of the world’s biggest manufacturers.

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You can view the sample steel prices below per tonne (t), short ton, pound (lb), or kilogram (kg) by selecting your preferred unit of measurement using the drop-down. 

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Local currency and US dollars per tonne

Purchase Ferrous Scrap Prices

Ferrous Scrap Prices in Tonnes (T)

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Ferrous Scrap Prices in Kilograms (KG)

MonthChina CNYEurope EURIndia INRJapan JPYRussia RUBUSA USDChina USDEurope USDIndia USDJapan USDRussia USD
Jun-2024
Jul-20242.7890.33334.00048.50023.3000.3050.3840.3570.4070.3000.265
Aug-20242.4760.33334.13345.00021.5500.3050.3420.3590.4080.3000.245
Sep-20242.4830.29533.38040.00020.0500.3050.3490.3270.3980.2720.223
Oct-20242.5590.29033.60040.00020.5000.3200.3650.3210.4000.2780.217
Nov-20242.3010.29334.10040.00022.1000.3200.3230.3180.4060.2620.226
Dec-20242.3300.28833.43340.00022.7500.3150.3200.3020.3950.2680.214
Jan-20252.2580.29333.40039.00021.0500.3350.3090.3010.3890.2470.188
Feb-20252.2730.30533.13339.00018.1000.3650.3130.3130.3810.2520.181
Mar-20252.2340.31333.86739.00018.1000.3950.3070.3280.3880.2600.202
Apr-20252.1860.31034.16739.50018.1000.3600.3000.3430.4000.2700.215
May-2025
Jun-2025
Jul-2025
Aug-2025
Sep-2025

Ferrous Scrap Prices in Pounds (LB)

MonthChina CNYEurope EURIndia INRJapan JPYRussia RUBUSA USDChina USDEurope USDIndia USDJapan USDRussia USD
Jun-2024
Jul-20241.26510.151015.422121.999210.56870.13830.17420.16190.18460.13610.1202
Aug-20241.12310.151015.482520.41179.77490.13830.15510.16280.18510.13610.1111
Sep-20241.12630.133815.140918.14379.09450.13830.15830.14830.18050.12340.1012
Oct-20241.16070.131515.240718.14379.29860.14510.16560.14560.18140.12610.0984
Nov-20241.04370.132915.467518.143710.02440.14510.14650.14420.18420.11880.1025
Dec-20241.05690.130615.165018.143710.31920.14290.14510.13700.17920.12160.0971
Jan-20251.02420.132915.150017.69019.54810.15200.14020.13650.17640.11200.0853
Feb-20251.03100.138315.028917.69018.21000.16560.14200.14200.17280.11430.0821
Mar-20251.01330.142015.361817.69018.21000.17920.13930.14880.17600.11790.0916
Apr-20250.99160.140615.497917.91698.21000.16330.13610.15560.18140.12250.0975
May-2025
Jun-2025
Jul-2025
Aug-2025
Sep-2025

Ferrous Scrap Prices in Short Tons (SHT)

MonthChina CNYEurope EURIndia INRJapan JPYRussia RUBUSA USDChina USDEurope USDIndia USDJapan USDRussia USD
Jun-2024
Jul-20242530302308444399821137277348324369272240
Aug-20242246302309654082319550277310326370272222
Sep-20242253268302823628718189277317297361247202
Oct-20242321263304813628718597290331291363252197
Nov-20242087266309353628720049290293288368238205
Dec-20242114261303303628720638286290274358243194
Jan-20252048266303003538019096304280273353224171
Feb-20252062277300583538016420331284284346229164
Mar-20252027284307243538016420358279298352236183
Apr-20251983281309963583416420327272311363245195
May-2025
Jun-2025
Jul-2025
Aug-2025
Sep-2025

Ferrous Scrap Prices in Tonnes (T)

MonthChina CNYEurope EURIndia INRJapan JPYRussia RUBUSA USDChina USDEurope USDIndia USDJapan USDRussia USD
Jun-2024
Jul-20242789333340004850023300305384357407300265
Aug-20242476333341334500021550305342359408300245
Sep-20242483295333804000020050305349327398272223
Oct-20242559290336004000020500320365321400278217
Nov-20242301293341004000022100320323318406262226
Dec-20242330288334334000022750315320302395268214
Jan-20252258293334003900021050335309301389247188
Feb-20252273305331333900018100365313313381252181
Mar-20252234313338673900018100395307328388260202
Apr-20252186310341673950018100360300343400270215
May-2025
Jun-2025
Jul-2025
Aug-2025
Sep-2025
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Prices presented on this page are per tonne by default. To calculate prices for other weight measurements, use the 'Units' drop-down or apply the necessary multiplication factor.

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