⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: August 1, 2026

1,949.26
USD/MT
+0.81%
24h change
+0.62%
7-day change
-0.40%
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
Aug 1, 20261,949.26+0.81%
Jul 30, 20261,933.54-0.84%
Jul 29, 20261,949.84-1.10%
Jul 28, 20261,971.48-0.42%
Jul 26, 20261,979.89+0.68%
Jul 25, 20261,966.46+0.95%
Jul 24, 20261,948.04+0.56%
Jul 23, 20261,937.19+0.93%
Jul 22, 20261,919.32-0.37%
Jul 21, 20261,926.39+0.17%
Jul 20, 20261,923.07+1.00%
Jul 19, 20261,904.04-0.23%
Jul 17, 20261,908.44-1.22%
Jul 16, 20261,932.06-0.62%
Jul 15, 20261,944.21+0.07%
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