⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: April 23, 2026

1,972.64
USD/MT
+0.94%
24h change
+3.33%
7-day change
+2.87%
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 23, 20261,972.64+0.94%
Apr 22, 20261,954.23-0.89%
Apr 21, 20261,971.79+0.36%
Apr 20, 20261,964.71+0.57%
Apr 19, 20261,953.65+0.30%
Apr 17, 20261,947.71+0.95%
Apr 16, 20261,929.30+1.06%
Apr 15, 20261,909.00-0.69%
Apr 14, 20261,922.36-0.62%
Apr 13, 20261,934.28+1.15%
Apr 12, 20261,912.38+0.05%
Apr 11, 20261,911.44-1.00%
Apr 10, 20261,930.75-1.28%
Apr 9, 20261,955.82+1.08%
Apr 6, 20261,935.01+0.16%
Apr 5, 20261,931.88-1.10%
Apr 4, 20261,953.45-0.52%
Apr 3, 20261,963.58+0.72%
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