Scrap iron continues to be a major commodity in the global recycling market, playing a crucial role in the steel manufacturing and construction industries. Whether you’re a recycler, a construction company, or an individual looking to sell old metal, understanding scrap iron prices is essential to getting the best value for your materials. In 2025, these prices are influenced by a mix of local and international factors that every seller or buyer should be aware of.

???? What Is Scrap Iron?

Scrap iron refers to discarded or leftover iron from old buildings, vehicles, machinery, and other metal products. It comes in various forms, including:

• Heavy Melting Scrap (HMS) – Larger, heavier pieces often sourced from demolished structures.

• Light Melting Scrap (LMS) – Thinner sheets and lighter materials like appliances or metal drums.

• Cast Iron Scrap – From engine blocks, old pipes, or radiators.

• Wrought Iron Scrap – Decorative or structural pieces often found in railings or gates.

???? Current Scrap Iron Prices (2025)

As of mid-2025, scrap iron prices are holding steady due to stable demand from domestic and international steel manufacturers. Average price ranges include:

• Heavy Melting Scrap (HMS): $180 – $250 per metric ton

• Light Melting Scrap (LMS): $150 – $200 per metric ton

• Cast Iron Scrap: $160 – $220 per metric ton

• Shredded Iron Scrap: $200 – $270 per metric ton

Prices vary significantly based on geography, quality, and market trends.

???? What Affects Scrap Iron Prices?

1. Global Steel Demand
   When the construction and automotive industries are booming, the demand for recycled steel rises—driving up scrap iron prices.

2. Raw Material Costs
   Rising costs for mining new iron ore can push manufacturers to rely more on recycled material, increasing scrap demand.

3. Energy Prices
   Recycling iron consumes less energy than producing new steel, making it more attractive when energy prices are high.

4. Export Restrictions & Tariffs
   Government policies that limit scrap metal exports or impose tariffs can influence domestic prices.

5. Supply Chain Disruptions
   Global logistics issues or war-related trade changes can cause sudden price shifts.

???? How to Get the Best Price for Your Scrap Iron

• Separate Materials: Mixed metals lower the value. Separate iron from aluminum, copper, or steel to get a better price.

• Clean the Scrap: Remove rust, paint, or oil when possible. Clean iron is priced higher.

• Know the Market: Monitor trends in the commodities market and local scrapyard rates.

• Sell in Bulk: Larger quantities often attract better per-ton prices from dealers.

• Compare Buyers: Different scrapyards may offer significantly different rates—even in the same city.

???? The Environmental Impact

Recycling iron helps reduce mining and lowers greenhouse gas emissions. Every ton of recycled iron saves about 1,100 kg of iron ore, 630 kg of coal, and 55 kg of limestone. This makes scrap iron not just a valuable economic resource, but also a vital tool in fighting climate change.

Conclusion

Staying informed about scrap iron prices is essential in today’s resource-driven economy. With the right timing and preparation, you can turn old metal into a profitable and sustainable venture. Whether you're a large-scale industrial recycler or just cleaning out your backyard, knowing the value of your scrap iron is the first step to maximizing returns.