Updated 3 April 2026
UK Steel Prices Today
Live scrap steel and stainless steel prices per kg and per tonne, updated daily from UK yard data and the CFR Turkey benchmark.
Scrap Steel Prices
View all steel grades →| Grade | Price / kg | ||
|---|---|---|---|
HMS 1 Heavy Steel, Heavy Iron | £0.130 | ||
HMS 2 Light Steel, Mix Iron | £0.260 | ||
Light Iron Tin Cans, White Goods | £0.160 | ||
Cast Iron Radiators, Manhole Covers | £0.120 | ||
P&S (Plate & Structural) Girders, Heavy Plate | Awaiting data | ||
Stainless Steel Prices
All stainless grades →| Grade | Price / kg |
|---|---|
316 Stainless Marine Grade | £0.682 |
304 Stainless 18/8 Stainless | £0.438 |
Mixed Stainless Turnings, Mixed | £0.775 |
Steel Weight Calculator
Calculate the scrap value of your steel by weight and grade.
Steel Price Forecast
Where are UK steel prices heading? CFR Turkey trends, UK safeguard measures, and CBAM impact analysis.
Read forecast →Steel Recycling Guide
How to recycle steel for money in the UK. What you can sell, where to find yards, and current prices.
Read guide →How to Sell Scrap Steel
Step-by-step: legal requirements, sorting grades, finding licensed yards, and getting the best price.
Read guide →Industry Resources
Curated links to BMRA, UK Steel, LME, GOV.UK dealer register, and market data sources.
View resources →Frequently Asked Questions
How much is scrap steel worth per kg in the UK?
Scrap steel prices vary by grade. HMS 1 (heavy melting steel) typically averages £0.15–0.25/kg, while light iron trades at approximately £0.10–0.18/kg. Prices fluctuate daily based on the CFR Turkey benchmark and local yard demand.
What's the difference between HMS 1 and HMS 2?
HMS 1 (Heavy Melting Steel) is heavier, cleaner steel scrap with a minimum 6mm thickness. HMS 2 includes lighter gauge material like sheet metal and bodywork. HMS 1 commands a 10–15% premium over HMS 2.
How are UK steel prices determined?
UK scrap steel prices track the Platts TSI HMS 1/2 CFR Turkey benchmark, the global reference price for ferrous scrap. UK yards apply regional discounts based on local supply, demand, and processing costs.