Home › ⚙️ Steel & Iron Melting Scrap ⚙️ Steel & Iron Melting Scrap
The principal category of ferrous melting scrap, traded as HMS, shredded, and bushelling.
📅 Last Updated: May 2026
About Steel Melting Scrap
Steel and iron melting scrap is a widely traded category of melting scrap. Electric arc furnace mills, induction furnace operators, and foundries consume it as a principal feed for new steel production. The scrap that enters these furnaces becomes new reinforcing bar, structural sections, sheet, and tube for the construction, automotive, and engineering sectors.
The trade moves between countries under defined contracts and standards. Turkey is one of the steady inbound destinations, drawing material from sources including the United States, the European Union, and the United Kingdom. India, Bangladesh, Pakistan, and Vietnam are also active destinations.
The grading system most widely used in the trade is the one published by the Recycled Materials Association (formerly ISRI) in the United States. The system gives each kind of steel scrap a numbered or named identity. Commonly traded grades include HMS 1 and HMS 2 — heavy melting scrap of two cleanliness classes — together with shredded steel, busheling, bonus, and a number of finer subdivisions for specialty material.
Principal Grades
The principal grades of steel melting scrap, as defined in the ReMA specifications:
HMS 1 (Heavy Melting Scrap 1)
Wrought iron and/or steel scrap 1/4 inch and over in thickness. Individual pieces not over 60 × 24 inches, prepared in a manner to ensure compact charging. Free of motor blocks, burnt material, and other contamination.
HMS 2 (Heavy Melting Scrap 2)
Wrought iron and steel scrap, black and galvanised, 1/8 inch and over in thickness. Similar dimensional rules to HMS 1 but lower minimum thickness and includes light material.
Shredded Steel
Homogeneous iron and steel scrap, magnetically separated, from automobiles, miscellaneous baling, and sheet stock. Dense, uniform, and clean — among the most desirable feed for electric arc furnaces.
Busheling (Bushelling)
Clean steel scrap, not exceeding 12 × 18 inches in size and not less than 1/8 inch in thickness. Includes new factory bundles, stampings, clips, and similar uncoated material.
Bonus
Bundled new black steel sheet scrap, hydraulically compressed to a density of at least 75 pounds per cubic foot. Charging pieces no larger than 24 × 24 × 60 inches.
Plate & Structural Steel (P&S)
Cut structural and plate scrap, 5 feet and under in length. Cross-sections not less than 1/4 inch in thickness.
Cast Iron Scrap
Includes broken cast iron from machinery, stoves, drainpipe, and similar items. Free of stainless steel, manganese, and burnt material.
Cut Steel Pipe
Steel pipe cut to suitable lengths. Free of attachments, valves, and excessive corrosion.
Companies Active in Steel — By Country
Companies grouped by country. Each handles steel melting scrap among other categories.
🇮🇳 India (13)
Tata Steel Ltd
Mumbai • Integrated steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleJSW Steel Ltd
Mumbai • Integrated steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleJindal Steel & Power Ltd
New Delhi • Integrated steel producer, publicly listed
🏷️ Steel
🔍 Search on GoogleSteel Authority of India (SAIL)
New Delhi • Public sector integrated steel producer
🏷️ Steel
🔍 Search on GoogleRashtriya Ispat Nigam (Vizag Steel)
Visakhapatnam • Public sector steel producer
🏷️ Steel
🔍 Search on GoogleArcelorMittal Nippon Steel India
Hazira, Gujarat • JV integrated steel producer
🏷️ Steel · Stainless Steel
🔍 Search on GoogleJindal Stainless Ltd
Hisar, Haryana • Stainless steel producer, publicly listed
🏷️ Stainless Steel · Steel
🔍 Search on GoogleMukand Ltd
Mumbai • Specialty steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 Search on Google→ View all India companies
🇺🇸 United States (24)
Sims Metal Management
New York • Diversified scrap multinational, ASX-listed
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 Search on GoogleRadius Recycling (Schnitzer Steel)
Portland, OR • Diversified scrap, NASDAQ-listed
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleDavid J. Joseph Company (DJJ)
Cincinnati, OH • Nucor subsidiary, scrap trader
🏷️ Steel · Copper
🔍 Search on GoogleOmniSource Corporation
Fort Wayne, IN • Steel Dynamics subsidiary
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleCommercial Metals Company (CMC)
Irving, TX • Diversified steel and metals, NYSE-listed
🏷️ Steel · Copper
🔍 Search on GoogleEMR USA Metal Recycling
Camden, NJ • EMR subsidiary
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 Search on GoogleSA Recycling LLC
Orange, CA • West Coast diversified operator
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleAlter Trading Corporation
St. Louis, MO • Midwest diversified operator
🏷️ Steel · Copper · Aluminium
🔍 Search on GooglePSC Metals Inc
Mayfield Heights, OH • Diversified scrap processor
🏷️ Steel · Copper
🔍 Search on GoogleCohen USA / Cohen Recycling
Middletown, OH • Family-owned diversified recycler
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleNewell Recycling
Atlanta, GA • Southeast diversified operator
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleLiberty Iron & Metal
Erie, PA • Non-ferrous and ferrous processor
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleMetro Metals Northwest
Portland, OR • Pacific NW exporter
🏷️ Steel · Copper
🔍 Search on GoogleTrademark Metals Recycling
Lakeland, FL • Florida exporter
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleMervis Industries
Danville, IL • Midwest processor
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleFrontier Metal Recycling
Oklahoma City • Diversified exporter
🏷️ Steel · Copper
🔍 Search on GooglePacific Steel & Recycling
Great Falls, MT • Mountain region operator
🏷️ Steel · Copper
🔍 Search on GoogleRecology Metals Recovery
San Francisco, CA • Bay Area operator
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleNucor Corporation
Charlotte, NC • Steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleSteel Dynamics Inc (SDI)
Fort Wayne, IN • Steel producer, NASDAQ-listed
🏷️ Steel
🔍 Search on GoogleUS Steel Corporation
Pittsburgh, PA • Integrated steel producer, NYSE-listed
🏷️ Steel
🔍 Search on GoogleCleveland-Cliffs Inc
Cleveland, OH • Integrated steel producer, NYSE-listed
🏷️ Steel
🔍 Search on Google→ View all United States companies
🇬🇧 United Kingdom (16)
European Metal Recycling (EMR)
Warrington • Diversified scrap, privately held
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 Search on GoogleS. Norton & Co. Ltd
Liverpool • Long-established exporter
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleSims Group UK Ltd
Long Marston • Sims UK subsidiary
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleBiffa plc Metal Recycling
High Wycombe • Publicly listed waste/metals
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleVeolia Environmental Services UK
London • Multinational
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleSuez Recycling UK
Maidenhead • Multinational
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleSheffield Forgemasters
Sheffield • Specialty steel forger
🏷️ Steel · Stainless Steel
🔍 Search on GoogleHadfield Wood Recyclers
Manchester • Manchester operator
🏷️ Steel · Copper
🔍 Search on Google→ View all United Kingdom companies
🇨🇳 China (9)
Maanshan Iron & Steel (Magang)
Maanshan, Anhui • Steel producer, HKEX/SHE-listed
🏷️ Steel
🔍 Search on GoogleBaoshan Iron & Steel (Baosteel)
Shanghai • Largest Chinese steel producer
🏷️ Steel · Stainless Steel
🔍 Search on GoogleHebei Iron & Steel (HBIS)
Shijiazhuang • Major Chinese steel producer
🏷️ Steel
🔍 Search on GoogleChina Minmetals Corporation
Beijing • State-owned, all metals
🏷️ Steel · Copper · Aluminium · Zinc
🔍 Search on GoogleXiamen C&D Inc
Xiamen, Fujian • Fortune Global 500 trader
🏷️ Steel · Copper
🔍 Search on GoogleTsingshan Holding Group
Wenzhou, Zhejiang • Stainless steel and nickel giant
🏷️ Stainless Steel · Steel
🔍 Search on Google→ View all China companies
🇩🇪 Germany (10)
ThyssenKrupp Materials Services
Essen • Diversified metals
🏷️ Steel · Stainless Steel · Copper
🔍 Search on GoogleBuderus Edelstahl GmbH
Wetzlar • Specialty steel
🏷️ Steel · Stainless Steel
🔍 Search on GoogleTSR Recycling GmbH
Lünen • Major German scrap recycler
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleScholz Recycling GmbH
Essingen • Diversified recycler
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleAlba Group plc & Co. KG
Berlin • European recycler
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleRemondis SE & Co. KG
Lünen • Recycling group
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleSalzgitter Recycling GmbH
Salzgitter • Salzgitter Group subsidiary
🏷️ Steel
🔍 Search on Google→ View all Germany companies
🇯🇵 Japan (7)
Nippon Steel Corporation
Tokyo • Largest Japanese steel producer
🏷️ Steel · Stainless Steel
🔍 Search on GoogleKobe Steel (Kobelco)
Kobe • Steel and aluminium, TSE-listed
🏷️ Steel · Aluminium
🔍 Search on GoogleDaido Steel
Nagoya • Specialty steel, TSE-listed
🏷️ Steel · Stainless Steel
🔍 Search on Google→ View all Japan companies
🇰🇷 South Korea (9)
POSCO Holdings
Pohang • Major Korean steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 Search on GoogleDaewoo International Metals
Seoul • Metals trading
🏷️ Steel · Copper · Aluminium
🔍 Search on Google→ View all South Korea companies
🇹🇷 Turkey (12)
Erdemir (Ereğli Demir ve Çelik)
Zonguldak • Major Turkish steel producer, BIST-listed
🏷️ Steel
🔍 Search on GoogleKardemir (Karabük Demir Çelik)
Karabük • Steel producer, BIST-listed
🏷️ Steel
🔍 Search on Google→ View all Turkey companies
🇻🇳 Vietnam (13)
Hoa Phat Group
Hanoi • Largest Vietnamese steel producer, HOSE-listed
🏷️ Steel · Copper
🔍 Search on GooglePomina Steel Corporation
Ba Ria-Vung Tau • Steel producer, HOSE-listed
🏷️ Steel
🔍 Search on GoogleTien Len Steel Corporation
Dong Nai • Steel producer, HOSE-listed
🏷️ Steel
🔍 Search on GoogleSMC Trading & Investment JSC
Ho Chi Minh • Steel trading, HOSE-listed
🏷️ Steel
🔍 Search on GoogleSaigon Metal Trading Corporation
Ho Chi Minh City • Metals exporter
🏷️ Steel · Copper
🔍 Search on Google→ View all Vietnam companies
🇲🇾 Malaysia (14)
Lion Group Recycling
Petaling Jaya • Diversified recycler
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleKim Soon Lee Group
Johor Bahru • Multi-metal trader
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleHap Seng Consolidated Berhad
Kuala Lumpur • Conglomerate, metals
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleMelewar Industrial Group
Kuala Lumpur • Steel and industrials, Bursa-listed
🏷️ Steel
🔍 Search on Google→ View all Malaysia companies
🇦🇪 United Arab Emirates (5)
Lucky Group of Companies
Dubai • Scrap conglomerate
🏷️ Steel · Copper · Aluminium
🔍 Search on GoogleAl Ghurair Resources Group
Dubai • Conglomerate
🏷️ Steel · Copper · Aluminium
🔍 Search on Google→ View all United Arab Emirates companies
🇮🇹 Italy (10)
→ View all Italy companies
🏛️ Global Trade Associations
Public industry bodies covering ferrous and non-ferrous melting scrap worldwide. Tap any link to visit their official site.
BIR — Bureau of International Recycling
🌍 Global • Brussels. International recycling industry federation with members across many countries.
🔗 Visit bir.orgMRAI — Material Recycling Association of India
🇮🇳 India • Mumbai. Industry body for ferrous and non-ferrous metal recyclers. Affiliated with BIR and ReMA.
🔗 Visit mrai.org.inReMA — Recycled Materials Association (ISRI)
🇺🇸 USA • Washington DC. Industry body that publishes the ReMA (ISRI) scrap specifications used internationally.
🔗 Visit recycledmaterials.orgBMR — Bureau of Middle East Recycling
🇦🇪 Dubai. Regional association for the GCC and Middle East scrap industry.
🔗 Visit bmr.aeEuRIC — European Recycling Industries Confederation
🇪🇺 Brussels. Umbrella body for Europe's recycling industries.
🔗 Visit euric-aisbl.euCMRA — China Nonferrous Metals Recycling
🇨🇳 Beijing. Operates under CNIA — governs non-ferrous metal scrap import standards.
🔗 Visit cmra.cnMRA Malaysia — Malaysian Recycling Alliance
🇲🇾 Kuala Lumpur. Industry body coordinating with SIRIM on scrap import standards.
🔗 Visit mra.org.myBDSV — German Steel & Metal Recycling
🇩🇪 Düsseldorf. Represents Germany's ferrous and non-ferrous scrap industry.
🔗 Visit bdsv.orgVRA — Vietnam Recycling Association
🇻🇳 Hanoi. Coordinates Vietnam's non-ferrous and ferrous metals recycling sector.
🔗 Visit vra.com.vnLME — London Metal Exchange
🌍 Global. Industrial metals exchange — copper, zinc, lead, aluminium, tin, nickel, steel.
🔗 Visit lme.comICSG — International Copper Study Group
🇵🇹 Lisbon. Intergovernmental copper trade statistics and analysis.
🔗 Visit icsg.orgInternational Aluminium Institute
🇬🇧 London. The global aluminium industry body.
🔗 Visit IAIInternational Lead & Zinc Study Group
🇵🇹 Lisbon. Intergovernmental lead and zinc statistics and analysis.
🔗 Visit ilzsg.org⚠️ Disclaimer
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