One grade, twenty markets, each in its own currency and unit. Useful for judging a quote against the market you are actually selling in, and for seeing how far apart those markets sit.
| Market | Local price | Today |
|---|
Each market is converted from the exchange settlement at its own currency, unit and market factor, so local prices are not directly comparable as numbers. A higher figure in one currency does not mean a better market. Indicative reference prices, not offers to buy.
Read this before comparing the numbers
A higher figure does not mean a better market. Each row is in a different currency and often a different unit, so ৳1,477 per kg and $6.22 per lb are not a comparison, they are two separate facts.
What the table is actually good for is three things:
Judging a local quote. If a merchant offers you well under the figure for your market, that gap is worth asking about.
Seeing which grades move together. Every grade is priced as a share of the same exchange settlement, so they rise and fall in step. A market that looks out of line usually reflects its own factor rather than the metal.
Understanding what your market pays for. Grade coverage differs. Some markets recognise distinctions others fold into one mixed rate.
What the market factor does
Each country carries a factor that reflects how close local yards trade to the exchange settlement. That depends on buyer depth, processing capacity nearby, freight to the nearest consumer, and whether an export outlet exists.
Markets with a refinery or dense processing close by pay nearer the benchmark. Markets that export rather than process pay further from it, because the freight sits inside every quote.
That is why the country pages carry local context alongside the price rather than the number alone.
What no price table can tell you
What a specific yard will pay you today. These are indicative reference prices derived from the exchange, not offers. Two yards in one city routinely differ by more than a week of market movement, which is why calling two or three beats picking a better day.
What grade you are holding. Most disappointment at the scale is a grading problem rather than a pricing one. The grade finder walks the four physical checks.
What deductions apply. Tyres and fluids off a vehicle, insulation off wire, contamination off mixed loads.
The price sources guide sets out honestly what this kind of benchmark-derived pricing can and cannot do, including where a user-reported source answers better.