In October 2025, the global scrap metal market showed diverging trends across major regions. While the United States and Turkey experienced moderate price increases, Europe and China remained under pressure due to weak steel demand and slower industrial activity.
In Turkey, HMS 1&2 (80:20) scrap prices rose by around 2.7%, reaching approximately $348 per ton CFR, supported by strong import demand from local steel mills.
In the United States, although price gains were limited, the market remained cautious, with stable production levels and balanced inventories.
In contrast, China’s domestic scrap market softened as steel production declined and buying activity weakened.
For traders and exporters, the key focus should be on diversifying export markets, maintaining flexible logistics, and managing inventory carefully as regional trends continue to diverge.