Scrap metal prices - ferrous scrap - pricing history.

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Price of steel scrap: 2001-2023.

Recent pricing history - ferrous scrap.


Price of world scrap in USD / metric tonne.
YearMonthScrap price
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20151286
20152269
20153271
20154265
20155278
20156276
20157261
20158249
20159237
201510227
201511199
201512203
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Table last updated: 22nd February 2024. Next update: ~ 20th March 2024.






Notes and definitions for the ferrous scrap pricing data shown in table above

1) Prices are in US $ per metric tonne. They describe average monthly world export fob prices.
2) Scrap definition is Scrap: Old Steel as covered under harmonised system code 720449. This definition covers the largest category of internationally traded ferrous scrap.
3) Pricing data is compiled by MCI. It originates from national customs statistics of larger exporting countries.
4) Note that the latest price points (the last month in particular) may change, as additional customs data becomes available.
5) Final data point normally shows scrap prices per ton that are ~2 months old. [A short delay is necessary for data collection].



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