H1 Scrap (HMS 1) Buying Guide: Specs, Pricing & Suppliers

H1 scrap is a specific technical classification for high-quality Heavy Melting Scrap (HMS), primarily defined under Japanese industrial standards (JIS G2401-1979) Importlink. It is the Asian market equivalent to the international HMS 1 grade, characterized by a minimum thickness of 6mm and a high degree of purity Okonrecycling.

Market Trends & Pricing (2025–2026)

The global steel scrap market is undergoing a structural shift driven by decarbonization and the transition to Electric Arc Furnaces (EAF).

* Price Performance: As of September 2026, benchmark prices for HMS scrap stand at $396/T, up 17.3% year-over-year Tradingeconomics. Market volatility peaked in early 2026 at $427/T before stabilizing Tradingeconomics.

* Demand Drivers: The shift toward "green steel" is a primary catalyst; EAFs require 70–100% scrap feedstock, significantly higher than traditional blast furnaces Factmr Oecd.

* Regional Growth: The South Asia & Pacific region (led by India) is the fastest-growing market with a 6.9% CAGR, fueled by massive infrastructure and urbanization projects Factmr.

Sourcing Insights

Current global supply remains tight, with a notable price premium of $15–$40 per ton for high-quality HMS 1 grades over lighter H2/HMS 2 grades Accio Tradingeconomics. Detailed product listings for HMS 1 scrap across various regions, including South Africa and Southeast Asia, are available in the attached files.

H1 Scrap

Overview

Market Trends & Pricing (2025–2026)

Sourcing Insights

H1 Hms 1 Scrap Steel 6mm Thickness

Related Searches

Sources & References