⚙️ Ferrous Metals

Stainless Steel Scrap Price Today

Stainless steel scrap containing nickel and chromium.

Last updated: May 13, 2026

1,943.37
USD/MT
-0.35%
24h change
-3.38%
7-day change
+1.09%
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
May 13, 20261,943.37-0.35%
May 12, 20261,950.14-0.22%
May 10, 20261,954.35-0.49%
May 9, 20261,964.04-1.30%
May 8, 20261,989.86-1.18%
May 7, 20262,013.62-0.54%
May 6, 20262,024.60+0.66%
May 5, 20262,011.34-0.10%
May 4, 20262,013.35+0.67%
May 3, 20261,999.86+0.61%
May 2, 20261,987.74+0.66%
May 1, 20261,974.77-0.20%
Apr 30, 20261,978.70-0.42%
Apr 29, 20261,987.06-0.40%
Apr 28, 20261,995.05+0.09%
Apr 27, 20261,993.23+0.38%
Apr 26, 20261,985.74-0.19%
Apr 24, 20261,989.47+0.85%
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