MONTHLY REPORT

Ferrous Scrap Report

Ferrous scrap market pricing, raw material trends, and steelmaking cost indicators.

Latest Update09 Aug 2026
Report FormatPDF (24 Pages)
CoverageFerrous scrap
Historical Data5+ Years

HMS Scrap

₹ 34,400 / MT

+0.3%

Shredded Scrap

$ 402 / MT

+0.7%

Busheling

$ 435 / MT

+0.5%

Iron Ore (62% Fe)

$ 108 / MT

▲ +1.8%

HMS Scrap Price Trend

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Key Takeaways

Scrap demand remains steady from mills and foundries.

Imported scrap availability stays selective.

EAF margins remain sensitive to electricity costs.

Near-term trend expected to remain firm.

Report Contents

1. Market Overview

2. HMS Scrap

3. Shredded Scrap

4. Busheling

5. Import Flow

6. EAF Demand

7. Outlook & Forecast

8. Charts & Data