Calculator
2 Heavy Melting Steel Calculator
Estimate the value of 2 heavy melting steel based on global steel commodity index (lower tier than hms #1).
HMS #2 Steel Valuation
Heavy Melting Steel (ISRI 203-206)
Estimated Market Value
£240
Per Metric Tonne • Delivered Mill
Base Price
£250
Total Discounts
-£10
Market Baseline
£250
Formula: Base steel scrap price – £25–50/tonne discount vs. HMS #1
Quality & Volume Adjustments
-£5
Deduction for excessive galvanized material content.
-£5
HMS #2 Grade Specifications (ISRI)
| ISRI Code | Grade Name | Description | Dimensions | Min Density |
|---|---|---|---|---|
| 203 | HMS #2 | Wrought iron and steel scrap, black and galvanized, 1/8 inch and over. | Max 60" x 24" | 50 lbs/ft³ |
| 204 | HMS #2 | Same as 203 but cut smaller for charging box. | Max 36" x 18" | 75 lbs/ft³ |
| 205 | HMS #2 Bundle | Compressed bundle of HMS #2 scrap. | Variable | 75 lbs/ft³ |
About this Calculator
Market Basis
Global steel commodity index (lower tier than HMS #1)
Typical Value
£380/tonne (November 2025)
Pricing Formula
Base steel scrap price – £25–50/tonne discount vs. HMS #1Ready to get started?
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