Iron Scrap Prices

Iron Scrap Price Trend, Index and Forecast

Track the latest insights on iron scrap price trend and forecast with detailed analysis of regional fluctuations and market dynamics across North America, Latin America, Central Europe, Western Europe, Eastern Europe, Middle East, North Africa, West Africa, Central and Southern Africa, Central Asia, Southeast Asia, South Asia, East Asia, and Oceania.

Iron Scrap Prices Outlook Q2 2026

• USA: USD 343/MT
• Japan: USD 350/MT
• Germany: USD 278/MT
• France: USD 367/MT
• India: USD 434/MT

Iron Scrap Price Chart

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During the second quarter of 2026, iron scrap prices in the USA reached 343 USD/MT in June. The market recorded a slight increase during the quarter, supported by steady demand from steel producers and stable scrap collection activity. Electric arc furnace operators maintained regular purchasing requirements, which provided support to scrap values. Availability of quality scrap remained balanced, preventing significant price fluctuations. Market participants continued to monitor steel production conditions and raw material procurement strategies, influencing buying decisions throughout the quarter.

During the second quarter of 2026, iron scrap prices in Japan reached 350 USD/MT in June. The market observed a moderate increase during the quarter, supported by consistent demand from domestic steel mills and stable export interest. Scrap availability remained adequate, but suppliers maintained firmer pricing due to steady purchasing activity from manufacturers. Market conditions were influenced by production requirements from steel producers, who continued to secure raw materials to support operations.

During the second quarter of 2026, iron scrap prices in Germany reached 278 USD/MT in June. The market recorded a slight increase during the quarter as steel producers maintained regular scrap procurement activity. Demand from recycling based steel production supported pricing stability, while supply availability remained balanced across the domestic market. Suppliers adjusted prices based on collection costs, processing expenses, and industrial demand conditions.

During the second quarter of 2026, iron scrap prices in France reached 367 USD/MT in June. The market experienced a moderate price increase due to steady demand from steel manufacturers and stable recycling activity. Suppliers maintained firmer pricing as availability of suitable scrap remained balanced with industrial requirements. Demand from construction and manufacturing related steel applications supported procurement activity during the quarter. Higher collection and processing costs also influenced supplier pricing decisions.

During the second quarter of 2026, iron scrap prices in India reached 434 USD/MT in June. The market recorded a slight increase, supported by strong demand from steel producers and infrastructure related activities. Domestic steel manufacturers continued to secure scrap supplies to maintain production requirements, supporting price firmness. Availability of quality scrap remained an important factor influencing market conditions, with suppliers adjusting offers based on collection and processing costs.

Iron Scrap Prices Outlook Q1 2026

• USA: USD 343/MT
• Japan: USD 348/MT
• Germany: USD 277/MT
• France: USD 366/MT
• India: USD 433/MT

During the first quarter of 2026, the iron scrap prices in the USA reached 343 USD/MT in March. The market experienced a downward trend driven by reduced demand from the steel manufacturing sector and sufficient scrap availability. Domestic supply remained stable due to consistent collection and recycling activities, which limited any supply side pressure. Demand from the construction and infrastructure sectors showed moderation, impacting overall consumption levels.

During the first quarter of 2026, the iron scrap prices in Japan reached 348 USD/MT in March. The market observed a slight upward movement supported by steady demand from steel producers and controlled supply conditions. Scrap availability remained balanced due to regulated collection and import flows. Consumption from the construction and manufacturing sectors remained consistent, supporting price stability. Buyers maintained disciplined procurement strategies, ensuring regular supply without excessive inventory buildup.

During the first quarter of 2026, the iron scrap prices in Germany reached 277 USD/MT in March. The market experienced a moderate increase driven by steady demand from the steel and automotive industries. Supply conditions remained controlled, with consistent recycling activity ensuring balanced availability. Import flows remained stable, contributing to market equilibrium. Demand from the infrastructure and manufacturing sectors supported consumption levels.

During the first quarter of 2026, the iron scrap prices in France reached 366 USD/MT in March. The market recorded a gradual increase supported by stable demand from the construction and industrial sectors. Supply availability remained controlled due to steady recycling activity and balanced import volumes. Consumption patterns remained consistent, ensuring ongoing market activity. Buyers adopted measured procurement strategies, avoiding excessive inventory accumulation.

During the first quarter of 2026, the iron scrap prices in India reached 433 USD/MT in March. The market witnessed a slight increase driven by firm demand from the steel and infrastructure sectors. Domestic scrap generation remained stable, while import dependence influenced supply conditions. Consumption from construction activities remained consistent, supporting price levels. Buyers maintained cautious procurement strategies, aligning purchases with immediate requirements.

Iron Scrap Prices Outlook Q4 2025

• USA: USD 359/MT
• Japan: USD 344/MT
• Germany: USD 265/MT
• France: USD 358/MT
• India: USD 428/MT

During the fourth quarter of 2025, the iron scrap prices in the USA reached 359 USD/MT in December. Prices moved upward primarily supported by firm domestic steel production rates and steady procurement activity from electric arc furnace operators. The restricted availability of obsolete scrap due to reduced demolition activity tightened supply conditions. Higher freight costs and limited inland scrap movement further constrained market availability.

During the fourth quarter of 2025, the iron scrap prices in Japan reached 344 USD/MT in December. The market experienced price appreciation driven by stronger export demand from key Asian steel-producing nations. Domestic scrap collection slowed due to weather-related disruptions and reduced industrial generation, limiting spot availability. Steelmakers maintained stable melt rates, ensuring continuous procurement activity. Currency-related trade advantages supported outbound shipments, tightening local supply pools.

During the fourth quarter of 2025, the iron scrap prices in Germany reached 265 USD/MT in December. Prices increased steadily due to controlled scrap inflows and stable steel sector demand. Lower industrial output in certain manufacturing segments reduced prompt scrap generation, tightening supply. Steel producers maintained consistent operating rates, supporting continuous procurement needs. Export inquiries from neighboring regions strengthened, further reducing domestic availability.

During the fourth quarter of 2025, the iron scrap prices in France reached 358 USD/MT in December. The market saw upward price momentum supported by strong demand from domestic steelmakers and export-oriented buyers. Scrap collection rates remained subdued due to reduced construction and demolition activity. Steel mills maintained steady production schedules, ensuring consistent scrap consumption. Increased competition for available volumes intensified procurement activity.

During the fourth quarter of 2025, the iron scrap prices in India reached 428 USD/MT in December. Prices advanced due to robust demand from secondary steel producers and rolling mills. Limited domestic scrap availability increased reliance on imported material, exposing the market to global supply constraints. Port congestion and extended delivery timelines restricted material inflows. Steelmakers maintained healthy operating rates, ensuring steady consumption.

Iron Scrap Prices Outlook Q3 2025

• USA: USD 356/MT
• Japan: USD 340/MT
• Germany: USD 260/MT
• France: USD 350/MT
• India: USD 420/MT

During the third quarter of 2025, the iron scrap prices in the USA reached 356 USD/MT in September. Prices edged lower as demand from electric arc furnace steel producers softened amid cautious output planning. Adequate domestic scrap availability and steady collection rates improved supply-side comfort. Buyers limited spot purchases, while stable logistics and reduced export pull further weighed on pricing sentiment.

During the third quarter of 2025, the iron scrap prices in Japan reached 340 USD/MT in September. Prices moved slightly higher due to steady procurement from domestic steelmakers and improved export interest. Tight collection volumes and disciplined inventory management supported market firmness. Additionally, consistent manufacturing activity and stable shipping conditions contributed to marginal upward pressure.

During the third quarter of 2025, the iron scrap prices in Germany reached 260 USD/MT in September. Prices declined as steel production activity moderated across the region. Sufficient scrap generation and smooth collection flows increased availability. Buyers delayed replenishment amid weaker downstream demand, while eased energy cost pressure reduced urgency for aggressive procurement.

During the third quarter of 2025, the iron scrap prices in France reached 350 USD/MT in September. Prices increased modestly as demand from domestic steel producers remained resilient. Limited scrap inflows and controlled collection rates supported supply tightness. Export demand and steady industrial activity also contributed to firmer pricing conditions.

During the third quarter of 2025, the iron scrap prices in India reached 420 USD/MT in September. Prices softened due to slower procurement from secondary steelmakers. Adequate import availability and steady domestic scrap supply reduced supply constraints. Buyers focused on inventory optimization amid cautious production planning in downstream steel operations.

Iron Scrap Prices Outlook Q2 2025

• USA: USD 364/MT
• Japan: USD 336/MT
• Germany: USD 267/MT
• France: USD 344/MT
• India: USD 431/MT

During the second quarter of 2025, the iron scrap prices in the USA reached 364 USD/MT in June. Market conditions were shaped by regular demand from electric arc furnace steel producers. Scrap collection and processing activities remained consistent. Buyers aligned procurement with production schedules, while logistics operations supported predictable material movement.

During the second quarter of 2025, the iron scrap prices in Japan reached 336 USD/MT in June. The market reflected steady demand from domestic steel manufacturers. Scrap availability remained balanced, supported by routine collection activity. Export flows and port operations functioned without major disruptions.

During the second quarter of 2025, the iron scrap prices in Germany reached 267 USD/MT in June. Demand from steel production facilities remained aligned with operating rates. Scrap generation and supply chains operated smoothly. Procurement activity was largely contract-driven, supporting orderly market conditions.

During the second quarter of 2025, the iron scrap prices in France reached 344 USD/MT in June. The market was influenced by consistent steelmaking demand and stable scrap inflows. Buyers followed planned purchasing cycles. Logistics and processing infrastructure supported regular supply availability.

During the second quarter of 2025, the iron scrap prices in India reached 431 USD/MT in June. Demand from secondary steel producers remained steady. Import reliance and domestic scrap collection supported availability. Buyers planned procurement based on production requirements and inventory considerations.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing iron scrap prices.

Europe Iron Scrap Price Trend

Q2 2026:

The Europe iron scrap price index showed a moderate upward movement, supported by stable demand from steel producers and consistent recycling activity. Germany and France recorded price increases as manufacturers continued purchasing scrap for steel production requirements. Supply availability remained balanced, allowing suppliers to maintain firm pricing without significant market disruptions. Collection and processing costs influenced seller offers during the quarter, while buyers remained focused on securing suitable quality material. The European market continued to be shaped by recycling demand, steel output conditions, and procurement strategies adopted by manufacturers.

Q1 2026:

The iron scrap price index in Europe showed a moderate upward trend supported by stable demand from the steel and automotive industries. Consumption from these sectors remained consistent, driven by ongoing manufacturing activity and steady infrastructure development. Recycling activity across major European economies ensured a continuous flow of scrap material, maintaining balanced supply conditions without creating shortages. Import flows remained stable, supporting overall availability and preventing supply disruptions.

Q4 2025:

The iron scrap price index in Europe reflected a firm upward trend. Regional prices were supported by steady steel production levels and limited scrap generation. Export demand reduced domestic availability, while regulatory compliance costs increased recycler expenses. Logistics constraints and higher energy costs further tightened supply chains. Market sentiment remained positive due to balanced demand and controlled inventories.

Q3 2025:

As per the iron scrap pricing index in Europe, price trends remained mixed, reflecting lower prices in Germany alongside firmer price levels in France. Variations in steel production activity across countries influenced scrap consumption patterns and procurement behavior. Scrap collection flows remained sufficient in most markets, while cross-border movement supported regional availability. Energy cost conditions improved compared with earlier periods, easing operational pressure on processors. Logistics and transportation networks functioned smoothly, allowing steady distribution across key consuming regions.

Q2 2025:

Across Europe, market conditions were shaped by routine procurement from steel producers operating electric arc furnaces. Scrap generation remained aligned with industrial and demolition activity levels. Buyers structured purchases around production schedules and contract commitments rather than spot market opportunities. Regional trade supported predictable material flows, while inventory strategies focused on ensuring operational continuity instead of speculative stock-building.

Detailed price information for iron scrap can also be provided for an extensive list of European countries.

North America Iron Scrap Price Trend

Q2 2026:

The North America iron scrap price index recorded a slight increase as demand from steel mills remained stable. The USA market benefited from consistent scrap consumption from electric arc furnace based steel production. Supply conditions remained balanced, with collection networks maintaining regular material availability. Suppliers adjusted pricing based on processing expenses, transportation costs, and purchasing requirements from steel manufacturers. Buyers continued to secure scrap volumes to maintain production continuity, supporting market firmness. The regional market remained influenced by steel sector performance and recycling activity.

Q1 2026:

The iron scrap price index in North America reflected a slight decline driven by sufficient supply and moderated demand from steel producers. Scrap availability remained steady due to consistent recycling activity and stable collection volumes across the region. At the same time, demand from steel manufacturing and construction sectors showed limited growth, reducing pressure on supply. Buyers maintained conservative procurement practices, focusing on short term requirements and avoiding large inventory accumulation. Export demand remained subdued, further contributing to balanced but unpressured market conditions.

Q4 2025:

The iron scrap price index in North America strengthened due to a combination of demand-side resilience and supply-side tightness. Steel mills operated at stable capacity utilization rates, ensuring continuous procurement of scrap across domestic markets. At the same time, the availability of obsolete scrap remained restricted as lower demolition and manufacturing activity constrained collection volumes. Export competitiveness further tightened domestic supply, with material being redirected toward international buyers offering favorable trade terms.

Q3 2025:

As per the iron scrap pricing index in North America, prices showed a marginally softer tone, influenced by lower prices observed in the United States. Steelmakers adjusted output levels cautiously in response to downstream demand conditions, which reduced scrap consumption intensity. Domestic collection and processing activities ensured adequate availability across major consuming areas. Export interest remained moderate, limiting additional demand pressure. Logistics networks supported consistent movement across regions, easing procurement planning for buyers.

Q2 2025:

In North America, market conditions reflected regular purchasing by electric arc furnace operators. Scrap supply chains functioned efficiently, supported by stable collection rates and processing capacity. Buyers coordinated procurement closely with steel production planning and maintenance schedules. Transportation infrastructure and trade flows enabled reliable distribution across key industrial corridors, supporting orderly market operations.

Specific iron scrap historical data within the United States and Canada can also be provided.

Middle East and Africa Iron Scrap Price Trend

Q2 2026:

The report studies the trends and pricing chart for iron scrap in the Middle East and Africa, taking into account elements that have a direct impact on market prices, such as regional industrial expansion, natural resource availability, and geopolitical conflicts.

Q1 2026:

As per the iron scrap price chart, the prices in the Middle East and Africa fluctuated due to a complex interplay of factors, primarily driven by supply chain disruptions, seasonal demand shifts, and geopolitical influences.

Q4 2025:

The report explores the iron scrap pricing trends and iron scrap price chart in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Iron Scrap Price Trend

Q2 2026:

The Asia Pacific iron scrap market experienced moderate price growth due to steady steel production activity and firm raw material demand. Japan and India recorded higher prices as steel producers maintained regular procurement requirements. Regional recycling activity remained stable, supporting consistent scrap availability. Market conditions were influenced by industrial development, infrastructure demand, and manufacturing activity across major economies. Suppliers adjusted prices according to collection costs, transportation expenses, and quality requirements from steel mills. Export and domestic market conditions also shaped purchasing decisions throughout the quarter.

Q1 2026:

In the Asia Pacific region, iron scrap prices showed moderate growth driven by steady demand from the steel manufacturing sector. Industrial activity across key economies supported consistent consumption of scrap in steel production. Supply conditions remained controlled due to balanced scrap collection and stable import flows, ensuring that availability matched demand levels. Market participants maintained disciplined inventory management practices, avoiding overstocking while ensuring uninterrupted supply. Additionally, firm logistics and processing costs added upward pressure on prices.

Q4 2025:

The Asia Pacific region experienced rising iron scrap prices, driven primarily by strong steel production activity and robust export-oriented demand. Electric arc furnace operators maintained consistent melt schedules, supporting steady scrap consumption. However, domestic scrap collection remained limited due to slower industrial turnover and regulatory restrictions on informal recycling channels. Logistical disruptions, including port congestion and inland transportation delays, constrained material movement across key markets.

Q3 2025:

In the Asia Pacific region, iron scrap price movements were mixed, with higher prices recorded in Japan and lower prices observed in India. Domestic steel production trends varied across countries, influencing scrap demand and purchasing behavior. Scrap availability remained adequate, supported by both local collection and import flows. Currency movements and freight conditions played a role in shaping landed costs in import-dependent markets. Buyers adopted cautious procurement strategies amid uneven downstream demand.

Q2 2025:

Across the Asia Pacific region, market conditions were driven by routine steelmaking requirements rather than expansion-led demand. Scrap processing and logistics operations functioned smoothly in most countries. Import flows influenced availability in scrap-deficit markets, while exporters adjusted shipments based on regional demand signals. Procurement activity remained aligned with operational needs and production planning cycles.

This iron scrap price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Iron Scrap Price Trend

Q2 2026:

Latin America's iron scrap market is heavily influenced by its abundant natural resources, particularly in Chile and Brazil. However, political instability and varied regulatory regimes can cause significant fluctuation in iron scrap pricing.

Q1 2026:

Latin America's iron scrap market is predominantly influenced by its rich natural reserves, particularly in countries like Chile and Brazil. However, political instability and inconsistent regulatory frameworks can lead to significant volatility in iron scrap prices.

Q3 2025:

Infrastructure challenges and logistical inefficiencies often impact the supply chain, affecting Latin America’s ability to meet international demand consistently. Moreover, the iron scrap price index, economic fluctuations, and currency devaluation are critical factors that need to be considered when analyzing iron scrap pricing trends in this region.

This comprehensive review can be extended to include specific countries within Latin America.

Iron Scrap Pricing Report, Market Analysis, and News

IMARC's latest publication, “Iron Scrap Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2026 Edition,” presents a detailed examination of the iron scrap market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of iron scrap at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents detailed iron scrap prices trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting iron scrap pricing, such as the dynamics of supply and demand, geopolitical influences, and sector specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Iron Scrap Industry Analysis

The global iron scrap industry size reached 628.6 Million Tons in 2025. By 2034, IMARC Group expects the market to reach 827.6 Million Tons, at a projected CAGR of 3.10% during 2026-2034. The market growth is driven by rising electric arc furnace steel production, increasing focus on recycling and sustainability, expanding infrastructure development, and growing adoption of scrap based steelmaking across emerging and developed economies.

Latest News and Developments:

• October 2025: JSW Steel announced plans to establish a new scrap processing facility in Chennai, India, focused on recycling iron and steel scrap from automobiles and end of life products. The facility is intended to process and supply recycled iron scrap to JSW’s steelmaking plants in Karnataka and Andhra Pradesh, strengthening the company’s domestic supply chain and contributing to circular economy goals.

Product Description

Iron scrap is a recycled ferrous material primarily composed of iron and steel recovered from industrial waste, demolished structures, discarded machinery, vehicles, and manufacturing residues. It contains high levels of iron along with small amounts of carbon and other alloying elements depending on the source material. Iron scrap is classified into different grades based on quality, composition, and contamination levels. It is widely used as a raw material in steel production, particularly in electric arc furnaces, where it is melted and processed into new steel products. The material helps reduce the need for iron ore extraction and supports resource recycling. Major applications include construction steel, automotive components, machinery production, and metal fabrication industries.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of iron scrap pricing, covering global and regional trends, spot prices at key ports, and a breakdown of ex-works, FOB, and CIF prices.
• The study examines factors affecting iron scrap price trend, including supply-demand shifts and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The iron scrap price charts ensure our clients remain at the forefront of the industry.