SPSteel Prices

Steel Industry Resources

Useful links for understanding UK steel pricing, finding licensed scrap yards, checking regulations, and tracking market data. We use many of these sources to inform our own pricing methodology.

Industry Bodies & Trade Associations

British Metals Recycling Association (BMRA)

The UK trade association for the metals recycling industry. Represents over 250 member companies. Publishes market reports and operates a member directory for finding licensed scrap yards.

UK Steel

Trade association representing UK steel producers including British Steel, Tata Steel UK, and others. Publishes industry data, policy positions, and sustainability reports.

World Steel Association

The international trade association for the steel industry. Publishes global production statistics, demand forecasts, and sustainability data.

Institute of Scrap Recycling Industries (ISRI)

The US-based industry body that defines the grade classification system (HMS 1, HMS 2, etc.) used worldwide for ferrous scrap trading.

Market Data & Pricing References

London Metal Exchange (LME)

The LME provides futures pricing for steel HRC and steel rebar. While there is no LME steel scrap contract, LME nickel prices drive stainless steel scrap values.

S&P Global Platts — TSI Turkish Scrap

The Platts TSI HMS 1/2 (80:20) CFR Turkey assessment is the global benchmark for ferrous scrap pricing. UK scrap steel prices track this index.

Let's Recycle — Ferrous Metals Prices

Weekly UK ferrous scrap price indices. A widely referenced free source for tracking UK steel scrap market trends.

SteelOrbis

International steel pricing, news, and analysis. Tracks daily scrap, billet, rebar, and HRC prices across Turkey, US, EU, and Asia.

UK Regulations & Licensing

Scrap Metal Dealers Act 2013

The primary legislation governing scrap metal dealing in England and Wales. Requires all dealers to hold a local authority licence, bans cash payments, and mandates identity verification.

GOV.UK — Scrap Metal Dealer Licence

Official government information on scrap metal dealer licensing. Search the register of licensed dealers in your local authority area.

Environment Agency — Waste Exemptions

Guidance on the T9 waste exemption for recovering scrap metal. Relevant for businesses handling scrap steel.

Tools & Calculators

UK Metal Prices — Scrap Metal Calculator

Multi-metal scrap calculator covering copper, aluminium, brass, lead, steel, stainless, and zinc across 36 grades. Our sister site.

Steel Weight Calculator (this site)

Calculate the scrap value of your steel by weight and grade using current UK prices.

Educational & Research

Make UK — UK Steel Sector

The manufacturers' organisation providing data and policy analysis on UK manufacturing including the steel sector.

Recycling International — Ferrous Markets

International ferrous scrap market news and analysis. Good for understanding global supply/demand dynamics that affect UK prices.

Steel Construction Institute (SCI)

Research and guidance on steel in construction. Useful for understanding structural steel grades and specifications.