Updated 2 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 | £0.215 | ||
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 | £0.589 |
304 Stainless 18/8 Stainless | £0.637 |
Mixed Stainless Turnings, Mixed | £0.775 |
Steel Weight Calculator
Calculate the scrap value of your steel by weight and grade.
Steel Recycling Guide
How to prepare and sell scrap steel in the UK. Grades explained, what yards accept, and tips for the best price.
Read guide →Scrap Steel Prices
Detailed breakdown of all UK scrap steel grades including HMS 1, HMS 2, light iron, cast iron, and plate & structural.
View prices →Stainless Steel Prices
Current 304, 316, and mixed stainless steel scrap prices. Priced against the LME nickel benchmark.
View prices →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.