What is stainless steel worth in scrap?

Scrap Metal Prices Per Pound:

Metal Price, $ / lb.
LEAD $00.25-$00.45/lb Request mine
STEEL $00.03-$00.05/lb Request mine
304 and 316 Stainless Steel $00.50-$1.00/lb Request mine
High Temperature Alloys Call for pricing/lb Request mine

What is the current scrap price for 304 stainless steel?

304 SS Price

Region Price
North America, US East Coast $0.49 per Lb
US Midwest, West Coast $0.49 per Lb
China CNY 12,150 per MT
Europe US$1,070 per Tonne

How much does steel sell for per kg?

Stainless steel is priced at $1.00 to $1.50 per kilogram. The prices of radiators may range from $3.00 to $15.00 each or $1.50 per kilogram to $4.00 if sold each.

Does stainless steel have value?

Stainless steel is often seen as less valuable, mainly because there seems to be so much of it around. However stainless steel’s value is often driven up by the fact that it contains other metals such as chromimum or chrome (10% or more), nickel molybdenum and iron.

What is the scrap price for 316 stainless steel?

316 Prepared Stainless Steel ​Scrap prices listed below are national average prices paid by scrap yards in the U.S.A. and Canada….U.S.A. Scrap Dealer National Price.

AVERAGE HIGH LOW
0.45 USD/LB 0.60 USD/LB 0.30 USD/LB

What’s the price of stainless steel today?

Stainless Steel (non magnetic)

Stainless Steel (non magnetic) Price/lb.
304 Prepared (4 ft. or smaller and clean) $0.45
304 Unprepared (larger than 4 ft./3% contamination) $0.30
316 stainless (4 ft. or smaller and clean) $0.55

How much is scrap stainless steel per pound?

Updated 10/27/2021

Metal Average Price Date Updated
Stainless Steel $0.59/lb Updated 10/27/2021
Aluminum Siding $0.60/lb Updated 10/27/2021
Clean AL/Copper Fin $1.45/lb Updated 10/27/2021
Aluminum Radiators $0.47/lb Updated 10/27/2021

Is stainless steel scrap worth more?

It is truly the most ideal metal for many applications. ‘New’ products made from stainless steel already contain about 60% recycled materials, making stainless one of the most sustainable metals around. This fact alone makes stainless steel one of the most valuable commodities in the metal market.

What is the price of scrap steel?

Iron and steel scrap prices in the United State came to around 266 U.S. dollars per metric ton in 2019. The majority of domestic steel industry scrap consumption is from manufacturers of pig iron

What is the price per pound of stainless steel?

In June 2018, solid type 304 stainless steel was 52 cents per pound. As with any commodity, prices vary according to location, local demand, worldwide prices, as well as a host of other factors. The type of steel doesn’t always influence the price you’ll get a scarp yard because some don’t have the technology to identity different alloys.

What is scrap price?

Scrap value is the estimated cost that a fixed asset can be sold for after factoring in full depreciation. The asset that is disposed of is usually salvaged into multiple parts, with each part valued and sold separately.