Metals

Steel Scrap

Steel scrap is recycled ferrous material sourced from demolished structures, end-of-life vehicles, and industrial off-cuts. It is the primary feedstock for electric arc furnaces (EAFs), which produce roughly 30% of global steel. HMS 1&2 and shredded scrap are the most traded grades internationally.

  • HMS 1
  • HMS 1&2 (80:20)
  • Shredded
  • Busheling
  • FOB
  • CFR
  • CIF
At a glance

Steel Scrap, in brief.

Common origins
  • United States
  • European Union
  • Japan
  • United Kingdom
  • Australia
Common destinations
  • Turkey
  • India
  • Bangladesh
  • Vietnam
  • Indonesia
Grades and specifications
  • HMS 1
  • HMS 1&2 (80:20)
  • Shredded
  • Busheling
Incoterms
  • FOB
  • CFR
  • CIF
Unit of measure
  • Metric Tons
On CommodityTradeX

Trading Steel Scrap

Find the companies that produce, trade and buy Steel Scrap in the CTX Directory, post RFQs and offers with the grade, quantity and delivery terms you need, and run each deal through milestones that follow the incoterm. Verified members are marked, and every member carries a trust score.

CTX Directory

Who trades Steel Scrap?

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