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Rerolling Scrap Prices, Demand and Supply Overview
2025
Base Year
2023-2025
Historical Period
2026-2027
Forecast Period
Market Overview
Global Rerolling Scrap prices edged up just 0.4% in Q2 2026 to USD 402.40/MT from USD 400.89/MT in Q1, a near-flat quarter that masks some real divergence underneath. Indian prices, the standout gainer of Q1, actually slipped 1.7% to USD 408.00/MT from USD 415.00/MT as logistics bottlenecks and a weaker rupee cooled the earlier infrastructure-driven rally, even as Turkey and the United States kept climbing. For H2 2026, a global average of USD 395.00-425.00/MT is expected, with freight and shipping-route risk likely to stay the swing factor across every region covered here.
Rerolling scrap refers to re-rollable ferrous scrap grades, defective billets, bar and rod cut-offs, and light structural offcuts, that feed directly into induction furnace and re-rolling mills producing rebar, angles, and other finished long products, largely bypassing the melt-and-cast stage that heavier scrap grades require. It's the backbone feedstock for the decentralized, smaller-scale end of the steel industry, particularly across India's induction furnace clusters, and its price tends to track construction-linked long-product demand more tightly than the broader shredded and heavy melting scrap market. Domestic and cross-border scrap availability, freight and shipping-route costs, currency movements for import-dependent markets, and construction and infrastructure activity are what drive prices here.
Rerolling Scrap Price Forecast for 2026
The setup for Rerolling Scrap through H2 2026 leans mixed-to-firm. Turkey and the United States look set to extend their steady climb on tight regional scrap availability, while India's path depends heavily on how quickly the logistics bottlenecks and shipping-route risk that hit Q2 resolve. China should stay the calmest of the four, with limited gains expected either way.
The main upside risk is a further escalation of Middle East shipping disruption, which would raise war-risk premiums and freight costs across the board and could push several regions toward the top of the forecast range at once. The main downside risk is a sharper-than-expected slowdown in Indian infrastructure spending, which would remove the single biggest demand driver behind this year's gains.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 395.00 - 425.00 | Freight and shipping risk remain the key swing factor |
| India | 400.00 - 430.00 | Infrastructure demand supportive, logistics add volatility |
| Turkey | 405.00 - 435.00 | Tight regional scrap availability keeps momentum firm |
| United States | 425.00 - 455.00 | Highest cost on tight supply and elevated freight |
| China | 355.00 - 375.00 | Ample domestic availability limits further gains |
For the Quarter Ending June 2026
Rerolling Scrap Prices Q2 2026:
- India: USD 408.00/MT
- Turkey: USD 415.00/MT
- United States: USD 435.00/MT
- China: USD 360.00/MT
Rerolling Scrap Prices in India
Indian Rerolling Scrap prices averaged USD 408.00/MT in Q2 2026, down 1.7% from USD 415.00/MT in Q1. A steady March rally gave way to a softer April and May as prompt availability tightened for reasons that had nothing to do with weak demand.
Why did the price of Rerolling Scrap change in Q2 2026 in India?
Logistical delays and a run of overseas melt-rate strength diverted shredded and re-rollable grades away from Indian ports just as the rupee weakened slightly against the dollar. Middle East conflict-related rerouting added war-risk premiums that slowed arrivals further, even though underlying demand from long-product mills held up fine. It's a supply story, not a demand one.
Rerolling Scrap Prices in Turkey
Turkish Rerolling Scrap prices averaged USD 415.00/MT in Q2 2026, up 2.5% from USD 405.00/MT in Q1, extending the strongest and steadiest gain of any market tracked in this report.
Why did the price of Rerolling Scrap change in Q2 2026 in Turkey?
Regional scrap availability stayed tight as Turkish mills competed with other Mediterranean and European buyers for the same import cargoes. Firm rebar and construction demand domestically gave mills little reason to resist paying up for prompt tonnage.
Rerolling Scrap Prices in the United States
US Rerolling Scrap prices averaged USD 435.00/MT in Q2 2026, the highest of any region here, up 1.6% from USD 428.00/MT in Q1 as tight domestic availability persisted.
Why did the price of Rerolling Scrap change in Q2 2026 in the United States?
Winter-related collection disruptions carried into the quarter, and freight costs stayed elevated across major scrap-generating regions. With domestic mill buying holding steady, sellers had the upper hand throughout.
Rerolling Scrap Prices in China
Chinese Rerolling Scrap prices averaged USD 360.00/MT in Q2 2026, up a modest 0.6% from USD 358.00/MT in Q1, barely moving within its usual narrow band.
Why did the price of Rerolling Scrap change in Q2 2026 in China?
Weak rebar demand and cautious construction-linked procurement kept a lid on gains, though ample domestic scrap generation meant there wasn't much pressure pushing prices the other way either. About as quiet a quarter as this market gets.
For the Quarter Ending March 2026
Rerolling Scrap Prices Q1 2026:
- India: USD 415.00/MT
- Turkey: USD 405.00/MT
- United States: USD 428.00/MT
- China: USD 358.00/MT
Rerolling Scrap Prices in India
Indian prices climbed 5.9% in Q1 2026 to USD 415.00/MT from USD 392.00/MT in Q4 2025, the sharpest gain in this report, as infrastructure-driven bidding and tighter import offers built through March.
Why did the price of Rerolling Scrap change in Q1 2026 in India?
Strong infrastructure project bidding through January and February pulled long-product mills into the market for prompt tonnage, and tighter overseas offers, ahead of what would later become Q2's shipping disruptions, added a further squeeze. Ship-cutting plate out of Alang stayed resilient throughout, underscoring how much this market leans on seaborne flows.
Rerolling Scrap Prices in Turkey
Turkish prices rose 5.2% in Q1 2026 to USD 405.00/MT from USD 385.00/MT in Q4 2025, keeping pace with the broader global scrap market's firm-to-upward run.
Why did the price of Rerolling Scrap change in Q1 2026 in Turkey?
Global steel scrap followed a firm-to-upward trend through the quarter on constrained availability, higher freight, and elevated energy costs, and Turkey, competing directly for the same seaborne cargoes as other major importers, recorded one of the strongest regional gains anywhere.
Rerolling Scrap Prices in the United States
US prices gained 4.4% in Q1 2026 to USD 428.00/MT from USD 410.00/MT in Q4 2025, one of the strongest quarterly moves recorded in this report.
Why did the price of Rerolling Scrap change in Q1 2026 in the United States?
Supply tightness from winter collection disruptions collided with higher freight and energy-related costs just as domestic mill buying stayed firm. Turkey and the US led the world in scrap price gains this quarter, and the reasons largely overlapped.
Rerolling Scrap Prices in China
Chinese prices edged up just 0.8% in Q1 2026 to USD 358.00/MT from USD 355.00/MT in Q4 2025, the smallest gain of any region as domestic supply stayed comfortably ample.
Why did the price of Rerolling Scrap change in Q1 2026 in China?
Domestic scrap generation kept pace comfortably with mill demand, and despite the broader global scrap rally, China recorded only limited gains, insulated somewhat by its sheer scale of internal supply.
Quarterly Rerolling Scrap Price Trends
Global Rerolling Scrap prices rose in every quarter tracked in this report through Q1 2026, gaining pace as the year progressed on tightening seaborne availability and firm construction-linked demand, before the pace of gains flattened sharply in Q2 as India's rally partially reversed.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 402.40 | +0.4% | ↑ Rising |
| Q1 2026 | 400.89 | +4.3% | ↑ Rising |
| Q4 2025 | 384.45 | +2.8% | ↑ Rising |
| Q3 2025 | 373.98 | +2.2% | ↑ Rising |
| Q2 2025 | 365.93 | - | — Stable |
| Q3 2026 | In Progress | - | — In Progress |
What was Rerolling Scrap Price in 2025?
Rerolling Scrap firmed steadily across every market covered in this report through 2025, with Turkey and the United States posting the strongest gains as global scrap availability tightened, while China's ample domestic supply kept that market's rise comparatively modest.
Rerolling Scrap Prices in India in 2025
Indian prices firmed from about USD 365.00/MT in Q1 2025 to USD 392.00/MT by Q4, a gain of roughly 7.4%. Steady construction and long-product demand, layered on top of gradually tightening import availability, kept this market on a consistent upward path before the sharper Q1 2026 acceleration.
Rerolling Scrap Prices in Turkey in 2025
Turkish prices firmed from about USD 355.00/MT in Q1 2025 to USD 385.00/MT by Q4, up roughly 8.5%, the strongest annual gain among the four regions. Persistent competition for seaborne scrap cargoes kept this market firm right through the year.
Rerolling Scrap Prices in the United States in 2025
US prices firmed from about USD 380.00/MT in Q1 2025 to USD 410.00/MT by Q4, a gain of roughly 7.9%. Tightening domestic collection and steady freight cost pressure kept this market climbing steadily across 2025.
Rerolling Scrap Prices in China in 2025
Chinese prices firmed from roughly USD 340.00/MT in Q1 2025 to USD 355.00/MT by Q4, up about 4.4%, the smallest annual gain of the four. Ample domestic scrap generation kept a lid on the pace of increase even as the broader global market tightened.
How We Can Help
Expert Market Research: Your Source for Real-Time Rerolling Scrap Price Intelligence
Expert Market Research tracks Rerolling Scrap prices continuously across every major producing and consuming region, combining seaborne scrap flow data, freight and shipping-route risk, and construction-linked long-product demand into a single, regularly updated view of the market. Our team can help your procurement function benchmark current offers, plan tonnage purchases around the logistics-driven volatility covered in this report, and build a defensible view of where this feedstock is headed next. Reach out to our team for a tailored briefing or a deeper look at any of the regional markets covered here.
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Key Questions Answered in the Report
It feeds directly into induction furnace and re-rolling mills producing rebar, angles, and other finished long products, largely bypassing the melt-and-cast stage that heavier scrap grades require. It's the core feedstock for the decentralized, smaller-scale end of the steel industry.
The Q2 2026 global average was USD 402.40/MT, ranging from USD 360.00/MT in China to USD 435.00/MT in the United States.
The global average rose from USD 384.45/MT in Q4 2025 to USD 400.89/MT in Q1 2026, then edged up further to USD 402.40/MT in Q2 as India's earlier rally partially reversed while Turkey and the US kept climbing.
Logistics bottlenecks, redirected overseas volumes toward markets with stronger melt rates, a slightly weaker rupee, and Middle East shipping-related war-risk premiums combined to tighten prompt availability at Indian ports even as underlying mill demand held steady.
The global average is expected in the USD 395.00-425.00/MT range, with freight and shipping-route risk likely to remain the key swing factor across every region covered.
China holds the lowest cost on ample domestic scrap generation, while the United States carries the highest cost on tight supply and elevated freight. India shows the widest swings given its exposure to seaborne shipping disruptions.
This report is updated monthly. For real-time pricing intelligence, connect with the Expert Market Research team.
Domestic and cross-border scrap availability, freight and shipping-route costs, currency movements for import-dependent markets, and construction and infrastructure activity are the main drivers.
India's induction furnace clusters are the largest consumers of this specific scrap grade, while Turkey, the United States, and China are major players in the broader global scrap trade that feeds into it.
Buyers can time forward bookings around the quarterly and regional breakdowns in this report, monitor shipping-route risk given its outsized influence on this market, and benchmark supplier quotes against the tracked price ranges.
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