Price trends for ferrous scrap (steel and iron) by grade

over the last 30 days

In the last month in the Steel & Iron (Ferrous) category: price is up for 4 grades, price is steady for 3 grades, and price is down for 4 grades.

How Have Prices Moved Over the Last 52 Weeks?
Over the past year, the category average ranged from $134 to $246. All values are per ton.
Nov '25Feb '26May '26Aug '26Today
Category Grades
The Steel & Iron (Ferrous) category has 11 grades with current prices on file. No exchange data is configured for this category — prices shown are sourced directly from local yards.
Data Sources
Data source: live prices from 77 local yards across the U.S..

Steel & Iron (Ferrous) scrap prices by grade in the US

Prepared steel (HMS #1) is the benchmark; unprepared, light iron, and turnings all grade lower. Click any grade to get a detailed price chart, market analysis, and a list of yards currently paying the most.

Avg. Price:$314 / tonRange: $291 – $336 / ton
Trend for 30 days: -2.9%
View Details
+5.0% / 30 days
Avg. Price:$280 / tonRange: $269 – $291 / ton
Trend for 30 days: +5.0%
View Details
+6.0% / 30 days
#1 Prepared Steel (HMS) Based on 8 yards
Avg. Price:$224 / tonRange: $179 – $269 / ton
Trend for 30 days: +6.0%
View Details
#2 Prepared Steel Based on 7 yards
Avg. Price:$202 / tonRange: $179 – $224 / ton
Trend for 30 days: -2.9%
View Details
Cast Iron (Heavy) Based on 9 yards
Avg. Price:$202 / tonRange: $157 – $246 / ton
Trend for 30 days: -3.8%
View Details
Light Iron & Shredder Based on 9 yards
Avg. Price:$202 / tonRange: $179 – $224 / ton
Trend for 30 days: -5.1%
View Details
+5.1% / 30 days
Avg. Price:$190 / tonRange: $157 – $224 / ton
Trend for 30 days: +5.1%
View Details
+7.6% / 30 days
Tin (Sheet Metal) Based on 5 yards
Avg. Price:$179 / tonRange: $157 – $202 / ton
Trend for 30 days: +7.6%
View Details
Rebar Based on 3 yards
Avg. Price:$134 / tonRange: $112 – $157 / ton
Trend for 30 days: 0.0%
View Details
Steel Turnings Based on 2 yards
Avg. Price:$112 / tonRange: $112 – $112 / ton
Trend for 6 mo.: 0.0%
View Details
Wire Fence Based on 1 yard
Avg. Price:$112 / tonRange: $112 – $112 / ton
Trend for 30 days: 0.0%
View Details

Scrap yards paying the most for ferrous scrap (steel and iron) in the US

Live prices from local scrap yards across the U.S.. Compare offers and find the buyer paying the most.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated 10/29/2026

JB's Salvage, Inc

Bloomington, Indiana•5 grades on price list
Short Steel
$269 / ton|🠇 $22 (8%)
Torching Steel
$90 / ton|🠇 $90 (50%)
Clean Auto Cast
$269 / ton|🠇 $22 (8%)
Stove Cast
$179 / ton
Sheet Iron
$202 / ton|🠇 $22 (10%)
Updated 10/29/2026

CMC Recycling

Columbia, South Carolina•4 grades on price list
#1 Prepared Steel
$202 / ton|🠅 $45 (29%)
#1 Unprepared Steel
$157 / ton|🠅 $45 (40%)
Cast Iron
$90 / ton|🠇 $67 (43%)
Shred/Tin
$179 / ton
Updated 10/29/2026

Big Daddy Scrap

Kankakee, Illinois•3 grades on price list
Brake/Rotors
$291 / ton
Cast
$246 / ton
Sheet Iron
$224 / ton
Updated 10/29/2026

Elgin Recycling Center

Elgin, Illinois•1 grade on price list
Iron/Steel
$314 / ton
Updated 10/28/2026

Reid Metals Inc

Dafter Township, Michigan•4 grades on price list
Steel - Short - Foundry
$179 / ton|🠇 $45 (20%)
Cast - Clean Auto
$291 / ton|🠇 $45 (13%)
Cast - Stove & Other
$134 / ton|🠇 $22 (14%)
Sheet Iron / Tin & Steel Mix
$157 / ton|🠇 $22 (13%)
Updated 10/27/2026

CMC Recycling

Independence, Kansas•4 grades on price list
#1 Prepared Steel
$246 / ton|🠅 $22 (10%)
#2 Prepared Steel
$224 / ton
#2 Unprepared Steel
$202 / ton|🠅 $45 (29%)
Shred/Tin
$202 / ton|🠅 $45 (29%)

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Buyout price trends for ferrous scrap (steel and iron) by grade

The chart shows average buyout prices by grade for ferrous scrap (steel and iron) from local scrap yards. When the line trends up, yards are raising their offers and it may pay to wait. When it turns down, lock in your price now. Use the grade selector above the chart to switch views.

Calculate the value of your ferrous scrap (steel and iron) lot

Selling a mixed load? Pick the grades below — a weight field appears after you select at least one grade, then the calculator estimates your haul's value from current average prices across the U.S..

Select a metal above to estimate value