⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: July 14, 2026

1,942.84
USD/MT
+0.96%
24h change
+0.53%
7-day change
+0.63%
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
Jul 14, 20261,942.84+0.96%
Jul 12, 20261,924.33+0.48%
Jul 11, 20261,915.19-0.65%
Jul 10, 20261,927.74+0.40%
Jul 9, 20261,920.10-0.38%
Jul 8, 20261,927.51+0.59%
Jul 7, 20261,916.25-0.84%
Jul 6, 20261,932.55+0.31%
Jul 5, 20261,926.58-0.73%
Jul 4, 20261,940.72-0.84%
Jul 3, 20261,957.07
Jul 2, 20261,957.00+0.17%
Jul 1, 20261,953.77+0.81%
Jun 30, 20261,938.00+0.90%
Jun 29, 20261,920.77+0.34%
Jun 28, 20261,914.17-0.80%
Jun 26, 20261,929.66-0.21%
Jun 25, 20261,933.70+0.12%
Jun 24, 20261,931.42-0.13%
Jun 23, 20261,934.02+1.15%
Jun 22, 20261,912.05-1.17%
Jun 21, 20261,934.69-0.87%
Jun 20, 20261,951.58+0.83%
Jun 18, 20261,935.47-0.93%
Jun 17, 20261,953.55+0.40%
Jun 16, 20261,945.74+0.78%
Jun 15, 20261,930.73