Stainless Steel Scrap Price Trends

over the last 30 days

In the last month in the Stainless Steel category: price is up for 2 grades, price is steady for 2 grades, and price is down for 1 grade.

How Have Prices Moved Over the Last 52 Weeks?
Over the past year, the category average ranged from $0.33 to $0.46.
May '25Aug '25Nov '25Feb '26Today
How Yard Prices Track the Exchange (LME)
Average discount to the exchange for this category: ~95.3% (-$8.47 / lb). Based on 5 grades with exchange data. Normal range for this category: 90%–99%.
✓ All 5 grades are within normal market range

Current Stainless Steel Scrap Prices by Grade

Check the board below for live Stainless Steel payouts in the US. Currently, the market swings from $0.15/lb up to $0.90/lb depending on the alloy and cleanliness. Solid 304 Stainless Steel is moving at $0.35 to $0.42/ lb, while industrial-grade 316 Stainless Steel commands a premium at $0.75 to $0.90/ lb. If you've got a bin of Stainless Steel Turnings, expect yards to quote around $0.15 to $0.20/ lb. Know your numbers so buyers don't downgrade your hard-earned metal.

+2.9% / 90 days
316 Stainless Steel Based on 3 yards
Avg. Price:$0.83 / lbRange: $0.75 – $0.90 / lb
Trend for 90 days: +2.9%
View Details
18/8 Stainless Steel Based on 1 yard
Avg. Price:$0.40 / lbRange: $0.40 – $0.40 / lb
Trend for 30 days: 0.0%
View Details
+12.4% / 30 days
304 Stainless Steel Based on 3 yards
Avg. Price:$0.39 / lbRange: $0.35 – $0.42 / lb
Trend for 30 days: +12.4%
View Details
300 Series Stainless Steel Based on 4 yards
Avg. Price:$0.33 / lbRange: $0.25 – $0.40 / lb
Trend for 30 days: -11.0%
View Details
Stainless Steel Turnings Based on 3 yards
Avg. Price:$0.18 / lbRange: $0.15 – $0.20 / lb
Trend for 30 days: 0.0%
View Details

Top Scrap Yards Buying Stainless Steel in the US

Live prices from local scrap yards across the U.S.. Compare offers and find the buyer paying the most.

💼 Scrap yard owners: Post your buy prices and get more customers
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Updated yesterday

Biltmore Iron & Metal Co Inc

Asheville, North Carolina1 grade on price list
Stainless
$0.40 / lb|🠅 $0.05 (14%)
Updated yesterday

CMC Recycling

Chattanooga, Tennessee1 grade on price list
304 Stainless Steel
$0.41 / lb|🠅 $0.03 (8%)
Updated yesterday

CMC Recycling

Dallas, Texas1 grade on price list
304 Stainless Steel
$0.42 / lb|🠅 $0.04 (11%)
Updated yesterday

Second Street Iron & Metal Co., Inc.

Everett, Massachusetts1 grade on price list
Stainless Steel
$0.40 / lb|🠇 $0.02 (5%)
Updated 5/4/2026

San Jacinto Recycling Center

San Jacinto, California1 grade on price list
Stainless Steel
$0.23 / lb
Updated 5/4/2026

CMC Recycling

Jacksonville, Florida1 grade on price list
304 Stainless Steel
$0.35 / lb|🠅 $0.02 (6%)

Your competitors are already getting customers from here.

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Stainless Steel Price Chart & History

See how local yard buy prices track the exchange (LME). Use this chart to judge whether it's a good time to cash in now or wait for yards to catch up with the latest exchange move.

Calculate Your Stainless Steel Scrap Value

Selling a mixed load? Pick the grades below — a weight field appears after you select at least one grade, then the calculator estimates your haul's value from current average prices across the U.S..

Select a metal above to estimate value

Grade Value Breakdown: Nickel Content & Market Demand

Біржова ціна відображає чистий перероблений метал (99,9%+). У кожної марки лому різний рівень домішок і різна складність переробки. Чим вищий відсоток, тим цінніша марка і тим ближче виплата до спотової ціни.

GradeExchange (100%)Yard Price (per lb)Grade Quality
316 Stainless Steel $8.90 LME$0.83
High Grade9%
18/8 Stainless Steel $8.90 LME$0.40
Mid Grade4%
304 Stainless Steel $8.90 LME$0.39
Low Grade4%
300 Series Stainless Steel $8.90 LME$0.33
Low Grade4%
Stainless Steel Turnings $8.90 LME$0.18
Low Grade2%

📊 What Determines Stainless Grade Value:

  • Nickel & Moly Content: The higher the nickel and molybdenum (like in 316 vs 304), the bigger the payout at the scale.
  • Cleanliness: Iron attachments, heavy grease, or plastic immediately drop your material to a low-paying 'dirty' price.
  • Form and Density: Solid plates, pipes, and thick extrusions pay more than thin gauge sheet or fluffy turnings.
  • Market Spread: Local yard demand and the current 95.3% spread against the LME influence the final scale price.
💡 Pro tip: Always test your stainless with a strong neodymium magnet. If it snaps on hard, it's not a 300-series alloy and will be bought as regular shred or mild steel.