Ferrous

Steel Scrap Prices UK

£0.17per kg▲ +11.8%30D
Low £0.15High £0.18

Steel is the most recycled material on Earth. Ferrous scrap prices follow global iron ore and steelmaking demand. Heavy steel commands higher prices than light iron due to lower processing costs.

Steel Price Chart

Up to 90 days
£/kg£0.15£0.15£0.16£0.17£0.17
1 May8 May16 May23 May30 May

Steel Grades

Updated 30 May 2026
GradeAvg Price30D Change
HMS 1 (Heavy)£0.17▲ +11.8%
HMS 2 (Light)£0.05-8.7%

Steel News & Guides

For Yards

The EAF Transition: What New Domestic Demand Means for Yards

The shift from blast furnace to Electric Arc Furnace steelmaking will nearly triple UK scrap demand by 2050. Here's what it means for yard operators and how to position for it.

14 Apr 2026 · 6 min read

FOR YARDS

Carbon questions are coming to your weighbridge — UK SRS and what yards should do before 2027

UK SRS is voluntary until 2027 — but Scope 3 reporting means yards will be asked for carbon data by customers long before the law demands it.

13 Apr 2026 · 6 min read

For Yards

The UK Scrap Yard Operator's Outlook

An analytical look at the forces reshaping the UK scrap metal industry, EAF transition, export tensions, regulatory tightening, and what yard operators should be planning for.

10 Apr 2026 · 9 min read

FOR TRADESPEOPLE

Sell now or hold? What the Iran war means for your copper and aluminium pile

The Iran war pushed scrap copper and aluminium higher. The ceasefire is wobbling. Here's a plain-English guide to whether you should cash in this week or sit tight.

9 Apr 2026 · 6 min read

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