Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap (WPU1012) from Jan 1947 to Jun 2025 about iron, steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Iron and steel scrap prices in the United States stood at around *** U.S. dollars per metric ton in 2024, down from *** dollars per ton a year earlier. This is the fourth consecutive annual decrease recorded. Steel scrap consumption The majority of domestic steel industry scrap consumption is from manufacturers of raw steel, and steel castings. These raw materials are used to produce steel products that are used for appliances, construction, machinery, and transportation, among other industry uses. Only small amounts of steel scrap were used for the production of ferroalloys, copper precipitation, and the chemical industry. Recycling scrap Recycled iron and steel scrap materials have been essential for the production of new steel and cast iron products. Vehicles are one of the largest sources of old steel scrap used for recycling and nearly 100 percent of cars are recycled for their scrap material. It is expected that the recycling rate for scrap materials from appliances and construction purposes should rise, especially as public interest for recycling grows and profitability increases.

Scrap Steel traded flat at 347.50 USD/T on August 15, 2025. Over the past month, Scrap Steel's price has risen 0.58%, but it is still 3.34% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Scrap Steel.

Get the latest insights on price movement and trend analysis of Steel Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Steel fell to 3,057 CNY/T on September 5, 2025, down 0.03% from the previous day. Over the past month, Steel's price has fallen 5.50%, but it is still 3.49% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Steel - values, historical data, forecasts and news - updated on September of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap was 419.37200 Index Dec 1986=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap reached a record high of 845.43200 in March of 2022 and a record low of 100.00000 in December of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Stainless and Other Alloy Steel Scrap - last updated from the United States Federal Reserve on September of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap was 238.06500 Index Jun 1996=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap reached a record high of 375.23600 in April of 2022 and a record low of 56.10000 in November of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap - last updated from the United States Federal Reserve on September of 2025.

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Shredded Carbon Steel Scrap (WPU10121193) from Jun 1996 to Jul 2025 about steel, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

Get the latest insights on price movement and trend analysis of Stainless Steel Scrap in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The annual producer price index of nonferrous scrap in the United States averaged ***** in 2023, with 1982 used as the base year (1982 = 100). This represented a **** decrease in comparison to 2021, which saw a record-high price index, at *****.

This statistic shows the U.S. Bureau of Labor Statistics' producer price index for iron and steel scrap in the United States from 1990 to 2010. In 2001, the index was ***, compared to 100 in 1982, which was used as the base year.

Brazil Imports: Price: Other Products: Ferrous Metal Waste and Scrap data was reported at 363.808 USD/Ton in 30 Apr 2025. This records an increase from the previous number of 335.785 USD/Ton for 27 Apr 2025. Brazil Imports: Price: Other Products: Ferrous Metal Waste and Scrap data is updated daily, averaging 451.103 USD/Ton from Mar 2019 (Median) to 30 Apr 2025, with 263 observations. The data reached an all-time high of 2,378.181 USD/Ton in 23 Feb 2025 and a record low of 157.413 USD/Ton in 09 Mar 2025. Brazil Imports: Price: Other Products: Ferrous Metal Waste and Scrap data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA010: Imports: Economic Activity: Product: Price.

South Korea ImPI: CC: MI: BM: Scrap Metal data was reported at 191.720 2015=100 in Mar 2024. This records a decrease from the previous number of 195.120 2015=100 for Feb 2024. South Korea ImPI: CC: MI: BM: Scrap Metal data is updated monthly, averaging 51.590 2015=100 from Jan 1971 (Median) to Mar 2024, with 639 observations. The data reached an all-time high of 256.520 2015=100 in Apr 2022 and a record low of 14.160 2015=100 in Mar 1972. South Korea ImPI: CC: MI: BM: Scrap Metal data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I115: Import Price Index (Contractual Currency Basis): 2015=100.

United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap was 529.91500 Index 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap reached a record high of 859.24200 in April of 2022 and a record low of 33.30000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Iron and Steel Scrap - last updated from the United States Federal Reserve on September of 2025.

United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap was 491.57800 Index Dec 1986=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap reached a record high of 786.56400 in April of 2022 and a record low of 97.70000 in April of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Carbon Steel Scrap - last updated from the United States Federal Reserve on September of 2025.

View monthly updates and historical trends for US Producer Price Index: Metals and Metal Products: Yellow Brass Scrap. from United States. Source: Bureau …

Graph and download economic data for Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap (WPU1023) from Jan 1947 to Jul 2025 about nonferrous metals, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap was 566.52500 Index 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap reached a record high of 604.53700 in March of 2022 and a record low of 60.90000 in January of 1973. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Metals and Metal Products: Nonferrous Scrap - last updated from the United States Federal Reserve on August of 2025.

Metal and Steel Price: Chennai: Melting Scrap HMS-I data was reported at 38,910.000 INR/Metric Ton in Apr 2025. This records an increase from the previous number of 38,280.000 INR/Metric Ton for Mar 2025. Metal and Steel Price: Chennai: Melting Scrap HMS-I data is updated monthly, averaging 24,150.000 INR/Metric Ton from Aug 2003 (Median) to Apr 2025, with 252 observations. The data reached an all-time high of 52,120.000 INR/Metric Ton in Apr 2022 and a record low of 10,500.000 INR/Metric Ton in Nov 2003. Metal and Steel Price: Chennai: Melting Scrap HMS-I data remains active status in CEIC and is reported by Joint Plant Committee. The data is categorized under India Premium Database’s Metal and Steel Sector – Table IN.WAC002: Metal and Steel Retail Prices: Chennai: Monthly.

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Scrap Metal Recycling Market Size 2025-2029

The scrap metal recycling market size is forecast to increase by USD 20.39 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, driven by increasing environmental and sustainability pressures. Governments and businesses worldwide are recognizing the importance of reducing waste and minimizing the carbon footprint, leading to a rise in demand for scrap metal recycling. Advanced sorting technologies and AI-driven recycling processes are revolutionizing the industry, enabling more efficient and effective recovery of valuable metals from scrap. Machining shop equipment, including chip conveyors, coolant filtration systems, balers, shredders, and granulators, plays a crucial role in metal machining operations by collecting, transporting, and disposing of metal chips and debris. However, the market also faces challenges.
Producers must invest in advanced technologies and implement rigorous quality control measures to mitigate these challenges and maintain the integrity of their recycled products. Companies that can navigate these challenges effectively and capitalize on the growing demand for scrap metal recycling will be well-positioned to succeed in this dynamic market. Contamination and quality issues persist as a major obstacle. The presence of impurities in scrap metal can impact the quality of the recycled product and reduce its market value. The recycling system's integration into various industries, such as construction materials, automotive, and electronics, contributes to waste management initiatives and reduces the reliance on virgin materials.

What will be the Size of the Scrap Metal Recycling Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market is characterized by intricate global supply chains and a growing emphasis on sustainability reporting. Recycling infrastructure plays a crucial role in optimizing price and ensuring traceability of alloy compositions through the use of big data and data analytics. Artificial intelligence (AI) and sensor technologies facilitate material passports, compliance reporting, and circular economy initiatives. Policy analysis and predictive modeling aid in risk management and due diligence, while stakeholder engagement and inventory management contribute to carbon offsetting. Environmental impact assessments and compliance audits are essential for melt shops and metal remediation processes.

Scrap metal classification, digital twinning, and metal grading are essential for fraud detection and demand forecasting. Remote monitoring and public awareness campaigns further enhance the transparency and efficiency of scrap metal trading. Aluminum alloys, heat sinks, and radiators are prominent in the technology sector, while aluminum cans and food containers are common in the consumer goods industry.

How is this Scrap Metal Recycling Industry segmented?

The scrap metal recycling industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Material

  Ferrous metals
  Non-ferrous metals


Application

  Construction
  Industrial goods
  Automotive
  Consumer goods


Method

  Mechanical recycling
  Thermal recycling
  Advanced tech
  Chemical recycling


Geography

  North America

    US


  Europe

    Germany
    Russia
    UK


  Middle East and Africa

    Turkey


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Material Insights

The Ferrous metals segment is estimated to witness significant growth during the forecast period. The market is driven by the extensive utilization of ferrous metals, particularly steel and cast iron, in various industries. These metals, recognized for their iron content, are recycled in significant quantities through various processes. Ferrous scrap is categorized into three primary sources: obsolete scrap, prompt scrap, and heavy melting steel (HMS). Obsolete scrap emerges from end-of-life products, such as decommissioned vehicles, discarded appliances, and dismantled infrastructure. Prompt scrap, also known as industrial scrap, is generated as a byproduct of manufacturing processes, including steel mill offcuts and machining residues. HMS encompasses large steel components, including beams, structural frameworks, and shredded automotive bodies.

Optical sorting technology plays a crucial role in the recycling process, ensuring efficient separation of different types of metals. The recycling industry's environmental footprint is a growing concern, with carbon emission