Marketplace › Commodities › Metals › Scrap & Pig Iron
Scrap & Pig Iron
Sell offers and buy requests for Scrap & Pig Iron, posted by companies and agreed directly between them.
About Scrap & Pig Iron trade
Steel scrap, pig iron, and direct reduced iron (DRI and HBI) are the metallic raw materials for steel making in electric arc and blast furnaces. Buyers are steel mills and foundries; sellers are scrap processors, dealers and producers. Scrap is traded by grade, such as HMS 1/2, and the contamination and the sorting quality decide the value.
Products
Steel Scrap (HMS 1/2) · Pig Iron
Bulk Scrap & Pig Iron offers: FOB, CFR and CIF terms available
Post a Listing
Country guides: Steel scrap: sell in bulk
Who trades Scrap & Pig Iron in the world
Looking at the 2 products of this group together, the largest exporting countries in 2024 were United States, Germany, United Kingdom, Netherlands, and the largest importing countries were Turkey, India, United States, Italy. Open a product to see the figures for that product alone.
| Top exporting countries | Trade value |
|---|---|
| United States | USD 6.3 billion |
| Germany | USD 4.3 billion |
| United Kingdom | USD 3.4 billion |
| Netherlands | USD 3 billion |
| France | USD 2.8 billion |
| Japan | USD 2.6 billion |
| Top importing countries | Trade value |
|---|---|
| Turkey | USD 9 billion |
| India | USD 4.9 billion |
| United States | USD 4 billion |
| Italy | USD 3 billion |
| Belgium | USD 2.5 billion |
| Germany | USD 2.2 billion |
Source: OEC (BACI/CEPII), 2024. Sums of the main trading countries of each product in the group; by every mode of transport, not only by sea.
How Scrap & Pig Iron is shipped
Scrap and pig iron travel in bulk carriers. DRI and HBI need special care: they can react with water and heat up, so they are shipped under strict rules for dryness and sometimes inert conditions.
What buyers and sellers compare
Buyers compare the grade, the size, the density, the share of impurities and the radioactivity inspection of scrap, and for pig iron the carbon and silicon content. For DRI and HBI they compare the metallisation, the carbon content and the size.
When the terms are agreed, you can explore suitable vessels on Shipfixing.
Questions about Scrap & Pig Iron
What is HMS 1/2 scrap?
Heavy melting steel is a common scrap grade, with a standard mix of thick and thin pieces. HMS 1 is cleaner and thicker than HMS 2, and the common trade blend is 80 to 20.
Why is DRI shipped under special rules?
It can react with water and heat up, so it must stay dry and the shipment follows safety rules.