Actual
406.50
Daily Change
4.97 1.24%
Monthly
5.72%
Yearly
20.27%
Q3 Forecast
396.94
Scrap Steel - Summary

Scrap Steel rose to 406.50 USD/T on September 15, 2026, up 1.24% from the previous day. Over the past month, Scrap Steel's price has risen 5.72%, and is up 20.27% 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 September 16 of 2026.



Price Day Month Year Date
Lithium 132,200.00 -3650 -2.69% -13.59% 80.72% Sep/16
Platinum 1,763.20 -13.80 -0.78% -1.44% 28.54% Sep/16
HRC Steel 1,277.00 10.00 0.79% 4.59% 57.07% Sep/16
Iron Ore 97.41 0 0% 2.59% -7.49% Sep/16
Scrap Steel 406.50 4.97 1.24% 5.72% 20.27% Sep/15
Titanium 43.50 0 0% -2.25% -11.22% Sep/16


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
406.50 401.53 427.00 333.50 2025 - 2026 USD/T daily