Actual
401.00
Daily Change
-1.50 -0.37%
Monthly
4.02%
Yearly
16.06%
Q4 Forecast
402.22
Scrap Steel - Summary

Scrap Steel fell to 401 USD/T on September 30, 2026, down 0.37% from the previous day. Over the past month, Scrap Steel's price has risen 4.02%, and is up 16.06% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

Scrap Steel - Stats

Historically, Scrap Steel reached an all time high of 427 in April of 2026. This page includes a chart with historical data for Scrap Steel. Scrap Steel - data, forecasts, historical chart - was last updated on October 1 of 2026.



Price Day Month Year Date
Lithium 122,800.00 -600 -0.49% -22.52% 66.96% Sep/30
Platinum 1,722.80 3.90 0.23% -2.37% 9.47% Oct/01
HRC Steel 1,304.00 6.00 0.46% 6.54% 61.99% Oct/01
Iron Ore 92.10 -4.49 -4.65% -5.75% -11.53% Oct/01
Scrap Steel 401.00 -1.50 -0.37% 4.02% 16.06% Sep/30
Titanium 43.50 0 0% 0% -9.38% Sep/30


Scrap Steel
Scrap steel is discarded, leftover, or end-of-life steel that is collected, melted down, and recycled to create new steel products. Over 70% of recycled steel goes back into steelmaking, predominantly via Electric Arc Furnaces (EAFs), without losing any integrity, quality, or structural strength. Melting scrap in an EAF uses roughly 75% less energy and generates significantly lower greenhouse gas emissions compared to converting virgin iron ore into liquid iron using traditional blast furnaces, making it a larger part of steelmaking in economies with emissions controls. Scrap steel is traded across both physical commodity exchanges and localized, over-the-counter (OTC) supply chains worldwide. Scrap steel prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only.
Actual Previous Highest Lowest Dates Unit Frequency
401.00 402.50 427.00 333.50 2025 - 2026 USD/T daily