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

over the last 90 days

In the last 3 months in the Steel & Iron (Ferrous) category: price is up for 3 grades, price is steady for 5 grades, and price is down for 3 grades.

How Have Prices Moved Over the Last 52 Weeks?
Over the past year, the category average ranged from $134 to $224. All values are per ton.
May '25Aug '25Nov '25Feb '26Today
How Yard Prices Track the Exchange (CME)
Average discount to the exchange for this category: ~51.4% (-$211 / ton). Based on 11 grades with exchange data. Normal range for this category: 12%–73%.
✓ All 11 grades are within normal market range

U.S. National Price Benchmark — Steel & Iron (Ferrous) in California

Local scrap yards in California sometimes post their prices with a short delay. To keep you informed of what your metal is worth right now, we use U.S. national averages as a reference. The secondary metals market responds to exchange moves in sync across the country — use this national benchmark when negotiating with local buyers. Steel & Iron (Ferrous) prices across the U.S. →

Steel & Iron (Ferrous) scrap prices by grade in California

Here is the Steel & Iron (Ferrous) data we have on file for California. Local yards don't always update their online prices daily — if your grade isn't listed, use the National Benchmark above as leverage when negotiating with local buyers.

Avg. Price:$358 / tonRange: $291 – $426 / ton
Trend for 30 days: -7.3%
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Plate & Structural Steel (P&S) U.S. national average
Avg. Price:$280 / tonRange: $269 – $291 / ton
Trend for 30 days: +1.0%
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#1 Prepared Steel (HMS) U.S. national average
Avg. Price:$269 / tonRange: $224 – $314 / ton
Trend for 30 days: -9.9%
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+2.5% / 30 days
#2 Prepared Steel U.S. national average
Avg. Price:$258 / tonRange: $224 – $291 / ton
Trend for 30 days: +2.5%
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+5.2% / 30 days
Tin (Sheet Metal) U.S. national average
Avg. Price:$190 / tonRange: $157 – $224 / ton
Trend for 30 days: +5.2%
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Unprepared Steel (Torch & Shear) U.S. national average
Avg. Price:$190 / tonRange: $157 – $224 / ton
Trend for 30 days: -24.2%
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Cast Iron (Heavy) Based on 1 yard
Avg. Price:$157 / tonRange: $157 – $157 / ton
Trend for 30 days: 0.0%
View Details
+38.9% / 90 days
Rebar U.S. national average
Avg. Price:$157 / tonRange: $90 – $224 / ton
Trend for 90 days: +38.9%
View Details
Light Iron & Shredder Based on 1 yard
Avg. Price:$112 / tonRange: $112 – $112 / ton
Trend for 30 days: 0.0%
View Details
Steel Turnings U.S. national average
Avg. Price:$112 / tonRange: $90 – $134 / ton
Trend for 30 days: 0.0%
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Wire Fence U.S. national average
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 California

Live prices from local scrap yards in California. 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 4/13/2026

San Jacinto Recycling Center

San Jacinto, California1 grade on price list
Cast Iron
$157 / ton
Updated 2/17/2026

Greener Recycling

Los Angeles, California1 grade on price list
STEEL
$112 / ton|🠅 $45 (67%)

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Price chart: ferrous scrap (steel and iron) grades and CME Steel/Iron exchange data

The chart shows average yard buyout rates and CME Steel/Iron exchange data for your selected ferrous scrap (steel and iron) grade. When the exchange moves up and local yard prices lag, they typically follow within a few trading days — a signal to hold if you can. When both lines drop, sell now before yards update their offers downward. Switch grades using the selector above the chart.

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 California.

Select a metal above to estimate value

Compare ferrous scrap (steel and iron) grades and their value

Ferrous scrap pricing follows CME Steel/Iron (US domestic) with local market adjustments. Grade, size, and contamination (concrete, rubber, non-ferrous metals) determine per-ton payout. Identifying your material correctly before selling is the single most effective step to maximize your payout.

GradeExchange (ton)Yard price (ton)Grade Quality
Automotive Cast Iron (Rotors/Drums) $411 / ton CME$358 / ton
High Grade87%
Plate & Structural Steel (P&S) $411 / ton CME$280 / ton
High Grade68%
#1 Prepared Steel (HMS) $411 / ton CME$269 / ton
Mid Grade65%
#2 Prepared Steel $411 / ton CME$258 / ton
Mid Grade63%
Tin (Sheet Metal) $411 / ton CME$190 / ton
Low Grade46%
Unprepared Steel (Torch & Shear) $411 / ton CME$190 / ton
Low Grade46%
Cast Iron (Heavy) $411 / ton CME$157 / ton
Low Grade38%
Rebar $411 / ton CME$157 / ton
Low Grade38%
Light Iron & Shredder $411 / ton CME$112 / ton
Low Grade27%
Steel Turnings $411 / ton CME$112 / ton
Low Grade27%
Wire Fence $411 / ton CME$112 / ton
Low Grade27%

📊 What determines the value of ferrous scrap (steel and iron):

  • HMS #1 Prepared steel: The benchmark ferrous grade — clean, heavy plate, structural steel, and beam cut to spec. Highest per-ton rate.
  • HMS #2 Unprepared: Larger, uncut sections; torched or shear-cut but not fully prepped — priced below HMS #1.
  • Plate & structural (P&S): Thick plate, I-beams, and structural sections — often a premium grade or grouped with HMS #1 depending on the yard.
  • Cast iron (heavy): Engine blocks, industrial castings — separate price from steel scrap. Cast iron is brittle; test with a file or hammer.
  • Light iron & shredder: Thin-gauge sheet, auto bodies, appliances — the lowest ferrous grade. Priced per ton significantly below HMS.
  • Rebar: Grade 40/60 rebar — may be priced as structural or light iron depending on condition and quantity.
💡 Tip: Cut oversized steel to yard-length (usually under 5 ft) before selling — most yards discount or refuse material that's too long to shred.