⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: April 2, 2026

1,949.53
USD/MT
+0.80%
24h change
+1.66%
7-day change
-4.59%
30-day change
30-Day Price Trend
About Stainless Steel

Stainless steel scrap is valued for its nickel, chromium, and molybdenum content. It is a critical feedstock for stainless steel mills worldwide.

Compare Stainless Steel prices by country: 🇺🇸 United States, 🇬🇧 United Kingdom, 🇩🇪 Germany, 🇫🇷 France, 🇮🇹 Italy, 🇪🇸 Spain.

Common Grades & Types
304/304L
Most common austenitic grade (18% Cr, 8% Ni). The standard food-grade stainless.
316/316L
Marine grade with added molybdenum (2-3%). Higher value due to Mo content.
430
Ferritic grade with no nickel. Lower value, used in cookware and appliances.
Turnings/Borings
Machined swarf from stainless processing, traded by alloy grade.
Key Applications
  • Stainless steel billet and slab production
  • Secondary stainless melting
  • Nickel and chromium recovery
What Drives Stainless Steel Prices
  • 1Nickel LME price (dominant driver)
  • 2Chromium market
  • 3Molybdenum price (for 316 grade)
  • 4Alloy grade composition
  • 5Stainless mill order books
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Apr 2, 20261,949.53+0.80%
Apr 1, 20261,934.07+0.76%
Mar 31, 20261,919.56+0.85%
Mar 30, 20261,903.39-1.20%
Mar 29, 20261,926.58+0.50%
Mar 28, 20261,916.97-0.07%
Mar 27, 20261,918.28+0.03%
Mar 25, 20261,917.64-0.22%
Mar 24, 20261,921.91-0.29%
Mar 23, 20261,927.46+1.05%
Mar 22, 20261,907.45-0.83%
Mar 21, 20261,923.37-0.32%
Mar 20, 20261,929.54-0.37%
Mar 19, 20261,936.65+0.87%
Mar 18, 20261,919.92-1.19%
Mar 17, 20261,943.04-0.39%
Mar 16, 20261,950.63-0.55%
Mar 15, 20261,961.42-0.75%
Mar 14, 20261,976.31-0.50%
Mar 13, 20261,986.34-0.73%
Mar 12, 20262,000.90-0.36%
Mar 11, 20262,008.13+0.03%
Mar 10, 20262,007.60-0.76%
Mar 9, 20262,022.96-1.34%
Mar 8, 20262,050.39-0.98%
Mar 7, 20262,070.63+0.03%
Mar 6, 20262,070.10+0.73%
Mar 5, 20262,055.16+0.58%
Mar 4, 20262,043.24