⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: June 22, 2026

1,912.05
USD/MT
-1.17%
24h change
-0.65%
7-day change
-2.07%
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
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+0.32%
Jun 14, 20261,924.59+0.07%
Jun 13, 20261,923.15
Jun 12, 20261,923.25-0.87%
Jun 11, 20261,940.16-0.62%
Jun 10, 20261,952.24+0.77%
Jun 9, 20261,937.40+0.37%
Jun 8, 20261,930.31
Jun 7, 20261,930.32-0.04%
Jun 6, 20261,931.10-1.28%
Jun 5, 20261,956.16-0.06%
Jun 4, 20261,957.41+0.35%
Jun 3, 20261,950.53-0.19%
Jun 2, 20261,954.23-0.04%
Jun 1, 20261,955.09+0.75%
May 31, 20261,940.54+0.59%
May 30, 20261,929.25-1.06%
May 27, 20261,950.00+0.19%
May 26, 20261,946.22+0.92%
May 25, 20261,928.44-1.23%
May 24, 20261,952.43