What does HMS 1&2 mean?

What does HMS 1&2 mean?

HMS stands for heavy melting scrap, and 1 & 2 are the two grades within that definition. Both HMS 1 & 2 comprise obsolete scrap only. That is iron and steel recovered from items demolished or dismantled at the end of their life.

What is HMS 1 & 2 scrap?

Heavy melting steel (HMS) or heavy melting scrap is broken up into two major categories: HMS 1 and HMS 2, where HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does. HMS is typically traded as a blend of 1 and 2, either a premium blend (80/20) or lower grade mixes (70/30) and (60/40).

What is hms1 scrap?

Heavy melting steel (HMS) or heavy melting scrap, is a designation for recyclable steel and wrought iron. It is broken up into two major categories: HMS 1 and HMS 2. The difference between the two is HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does.

What is LMS scrap?

Light Melting Scrap (Lms) Light melting scrap where density is considerably lesser than compared to HMS (Heavy melting scrap).

What is #1 HMS steel?

What Is #1 Heavy Melting Scrap? #1 Heavy Melting Scrap (#1 HMS) is one of the two major categories of HMS which comprises of recyclable steel and wrought iron. It must be free of galvanized and blackened steel. Wrought iron and/or steel scrap above 1/4 inch in thickness compressed to charging box size.

What does HMS 80/20 mean?

STEEL SCRAP
STEEL SCRAP IS DEFINED AS HMS 1&2, UNDER 80/20 MIX. WROUGHT IRON AND/OR STEEL SCRAP ¼ INCH AND OVER IN THICKNESS. INDIVIDUAL PIECES NOT OVER 60 X 24 INCHES (CHARGING BOX SIZE) PREPARED IN A MANNER TO INSURE COMPACT CHARGING.

What is the difference between HMS 1 and 2?

Heavy melting steel (HMS) or heavy melting scrap is a designation for recyclable steel and wrought iron. It is broken up into two major categories: HMS 1 and HMS 2, where HMS 1 does not contain galvanized and blackened steel, whereas HMS 2 does.

What is HMS 80 20?

STEEL SCRAP IS DEFINED AS HMS 1&2, UNDER 80/20 MIX. THEY FALL UNDER ISRI CODES 200 TO 206. WROUGHT IRON AND/OR STEEL SCRAP ¼ INCH AND OVER IN THICKNESS. INDIVIDUAL PIECES NOT OVER 60 X 24 INCHES (CHARGING BOX SIZE) PREPARED IN A MANNER TO INSURE COMPACT CHARGING.

What is prepared HMS?

What is the MS scrap rate?

Questions & Answers on MS Scraps

MS Scraps Price Range No of Products(%)
Rs 10000 – 14000 4%
Rs 14000 – 19000 20%
Rs 19000 – 27000 35%
Rs 27000 – 36787 28%

What is the price of unprepared steel?

“Average Price” indicates the average #1 unprepared steel scrap price paid by all scrap yards in U.S. cities listed….U.S.A. Scrap Dealer National Price Index.

Average Price High Price Low Price
0.05 USD/LB 0.10 USD/LB 0.02 USD/LB

What is the HSN code for MS scrap?

7204
GST Rate and HSN Code of Scrap and Waste

HSN Code Summary GST Rate
7204 Vehicle Scrap 18%
7204 MS Scrap of all types 18%
7204 Scrap US Rail 18%
7404 Copper Waste Scrap 18%