Average 316 Stainless Steel Price

180-day market: price lists from 3 yards. As of 3/26/2026.
$0.83/ lb −$0.07 (7.8%)
GT = Gross Ton (2240 lbs)
Avg: $0.83
Lowest price $0.76
Highest price$0.90Who pays the most? ⟶
How to read scrap yard offers in Texas
  • Low (around $0.76): Floor price, typically for small loads.
  • Mid ($0.83): A fair deal for standard quantities.
  • High ($0.90+): Top-dollar rate. Offered for large commercial loads or by the most competitive buyers.
52-week price range
Over the past year, prices ranged from $0.50 to $4.40.
May '25Aug '25Nov '25Feb '26Today
Market response to LME pricing
Current spread vs. exchange (today): ~90.7% (-$8.07 / lb). Typical spread for this grade: 39%–91%
✓ Scrap yards are offering fair market rates
Market snapshot
Stable market. Prices have held steady over the past 6 months.
Pricing verified from 3 live board rates in this area.

Top Paying Scrap Yards for 316 Stainless Steel Texas

Don't let a lazy scale operator lump your premium marine-grade alloys in with standard food-grade scrap in Texas. Check local yard prices against the national average of $0.80 per pound, and always call ahead to ensure the buyer has an XRF analyzer on-site to properly grade your 316.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated 55 days ago

Astro City Scrap Metal

Listed as: 316ss
4530 N Shepherd Dr, Houston, TX 77018 Plan route
$0.90 / lb
Updated 78 days ago

Orange Recycling - Scrap Yard in Texas

Listed as: 316 Stainless
4481 TX-62, Orange, TX 77632 Plan route
$0.76 / lb

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How 316 Stainless Steel Compares to Other Alloys

See the exact price difference between 316 Stainless Steel and similar grades like 304 Stainless Steel or 300 Series Stainless Steel. Compare the current rates per pound below to ensure you get the maximum payout for your sorted scrap.

Current price 316 Stainless Steel
316 Stainless Steel Based on 3 scrap yards
Avg price:$0.83 / lb
Trend for 30 days: 0.0%
304 Stainless Steel Based on 3 scrap yards
Avg price:$0.42 / lb
Trend for 90 days: -13.3%
Price analytics
300 Series Stainless Steel Estimated U.S. prices
Avg price:$0.33 / lb
Trend for 30 days: -17.8%
Price analytics
Stainless Steel Turnings Estimated U.S. prices
Avg price:$0.17 / lb
Trend for 30 days: 0.0%
Price analytics

316 Stainless Steel Price Trends & Market History

This chart shows where the market is headed. If the line is climbing, prices are rising — you might get a better deal in a few days. If it's dropping, don't wait: sell today before yards lower their buy prices further.

316 Stainless Steel: Scrap Yard Price vs. World Market (LME)

Avg scrap yard price

$0.83
Scrap metal dealers
Price gap: −$8.07 / lb
vs. exchange

Today's world market price (LME)

$8.90 / lb
✓ For 99.9% pure refined metal
💡 Why is the scrap yard price lower than the exchange? The LME price is the global benchmark for 99.99% pure refined metal traded in large institutional contracts. The gap between LME and what you pocket is the yard's margin — it covers sorting, cleaning, transport to the mill, and protects them against sudden price drops.

316 Stainless Steel: Spread vs. Exchange — Monthly History

Market read: This month's average gap between scrap yard prices and the world market for 316 Stainless Steel is 90.6%. That is wider than any prior month shown in this table (historical band about 39.9%–72.5%). The gap can reflect local demand, timing against the exchange, or what yards are paying for this grade — shop several yards if you need the best number. Our data suggests local yards are still worth comparing before you sell. Check offers in your area ↑
PeriodWorld price (per lb)Scrap yard price (per lb)Spread vs. exchange
May 2026 (current)$8.8040 / lb$0.83 / lb−$7.97 (90.6%)
April 2026$8.1078 / lb$4.72 / lb−$3.39 (41.8%)
March 2026$7.8114 / lb$2.15 / lb−$5.66 (72.5%)
February 2026$7.8468 / lb$2.99 / lb−$4.86 (61.9%)
January 2026$8.0900 / lb$4.85 / lb−$3.24 (40%)
December 2025$6.8245 / lb$4.09 / lb−$2.73 (40.1%)
November 2025$6.6981 / lb$4.02 / lb−$2.68 (40%)
October 2025$6.9079 / lb$3.63 / lb−$3.28 (47.5%)
September 2025$6.9338 / lb$3.85 / lb−$3.08 (44.5%)
August 2025$6.9013 / lb$4.14 / lb−$2.76 (40%)
July 2025$6.9572 / lb$3.29 / lb−$3.67 (52.7%)
June 2025$6.9004 / lb$4.14 / lb−$2.76 (40%)
May 2025$7.0891 / lb$3.35 / lb−$3.74 (52.7%)
April 2025$7.0167 / lb$4.21 / lb−$2.81 (40%)
March 2025$7.3372 / lb$3.49 / lb−$3.85 (52.4%)
February 2025$6.9678 / lb$4.18 / lb−$2.79 (40%)
January 2025$7.0505 / lb$4.23 / lb−$2.82 (40%)
December 2024$7.0969 / lb$4.26 / lb−$2.84 (40%)
November 2024$7.1779 / lb$4.31 / lb−$2.87 (40%)
October 2024$7.7109 / lb$4.63 / lb−$3.08 (40%)
September 2024$7.4355 / lb$4.46 / lb−$2.98 (40%)
August 2024$7.4531 / lb$4.47 / lb−$2.98 (40%)
July 2024$7.4923 / lb$4.50 / lb−$2.99 (39.9%)
June 2024$8.0775 / lb$4.85 / lb−$3.23 (40%)
May 2024$8.9507 / lb$4.07 / lb−$4.88 (54.5%)
April 2024$8.3067 / lb$3.88 / lb−$4.43 (53.3%)
March 2024$7.9848 / lb$4.79 / lb−$3.19 (40%)
February 2024$7.4539 / lb$4.47 / lb−$2.98 (40%)
January 2024$7.3881 / lb$4.43 / lb−$2.96 (40%)
December 2023$7.5801 / lb$4.55 / lb−$3.03 (40%)
November 2023$7.7538 / lb$4.65 / lb−$3.10 (40%)
October 2023$8.3661 / lb$4.88 / lb−$3.49 (41.7%)

316 Stainless Steel Scrap Price History — Daily Data

A day-by-day market snapshot in exact numbers. Every day we aggregate buy prices from local scrap yards, recording the average, low, and high. Use this table to track real price movement over recent days.

DateAvg price (per lb)ChangeRange (Low/High)
$0.83 / lb−$0.07$0.75 – $0.75
3/12/2026 $0.90 / lb+$0.40$0.90 – $0.90
3/4/2026 $0.50 / lb−$0.35$0.50 – $0.50
2/17/2026 $0.85 / lb−$0.15$0.85 – $0.85
10/5/2025 $1.00 / lb+$0.28$1.00 – $1.00
7/19/2025 $0.72 / lb−$0.08$0.72 – $0.72
5/15/2025 $0.80 / lb−$0.05$0.80 – $0.80
3/25/2025 $0.85 / lb+$0.35$0.85 – $0.85
5/28/2024 $0.50 / lb−$0.40$0.50 – $0.50
4/21/2024 $0.90 / lb+$0.05$0.90 – $0.90