Spot Price / lb
$0.26
Live Steel Pricing
Steel Scrap Price Calculator
This page helps you estimate how much your steel scrap is worth before you visit a yard. Start with the live spot value, apply a realistic grade multiplier, and compare payout ranges for common load sizes.
Spot Price / kg
$0.57
250 lb Example
$36.40
Using HMS #1
How To Use This Steel Price Page
- Pick the grade that most closely matches your load condition.
- Multiply your weight by the spot price and grade multiplier for a quick estimate.
- Use the full calculator to compare pounds vs kilograms and adjust mixed loads.
Steel Grade Multipliers
Multipliers represent typical scrap-yard deductions from spot price. Cleaner, sorted material usually pays closer to spot.
| Grade | Multiplier | Example Payout (250 lb) | Notes |
|---|---|---|---|
| HMS #1 | 0.56x | $36.40 | Sorted, clean loads usually command better rates. |
| Prepared Steel | 0.48x | $31.20 | Sorted, clean loads usually command better rates. |
| Shred Steel | 0.40x | $26.00 | Sorted, clean loads usually command better rates. |
Real-World Use Cases
Home Cleanout
Estimate whether it is worth separating pipes, fixtures, and mixed metal before your yard run.
Contractor Loads
Check expected payout per truck before deciding whether to hold material for a better market window.
Yard Quote Checks
Compare incoming quotes against a transparent spot-based estimate and ask better questions at the scale.
Explore More Scrap Prices
Looking at mixed loads? Compare other metals, then return to the full calculator for a blended estimate.