Ferrous

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Meridian Wealth Management Inc. is able to supply various types of ferrous scrap metal: cast iron, shredded steel, P&S, HMS 1 and HMS 1+2 (80:20).

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.

  • ISRI 200 (HMS 1): Wrought iron and/or steel scrap 14 inch and larger in thickness. All pieces must be smaller than 60×24 in.
  • ISRI 201 (HMS 1): Same as ISRI 200 except pieces must be smaller than 36×18 in.
  • ISRI 202 (HMS 1): Same as ISRI 200 except pieces must be smaller than 60×18 in.
  • ISRI 203 (HMS 2): Wrought iron and/or steel scrap, black and galvanized, 18 inch and larger in thickness.
  • ISRI 204 (HMS 2): Same as ISRI 203 except pieces must be smaller than 36×18 in.
  • ISRI 205 (HMS 2): Same as ISRI 204 except it may contain automotive scrap except for thin gauge material.
  • ISRI 206 (HMS 2): Same as ISRI 205 except pieces must be smaller than 60×18 in.
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    Variations on maximum piece size are covered by ISRI (North America’s Institute of Scrap Recycling Industries) codes. HMS is usually traded as HMS 1 alone or a blend of 1 & 2, a premium blend (80:20).