Average 316 Stainless Steel Price

Market baseline. Local prices last verified on 3/26/2026.
$0.79/ lb +$0.05 (7.1%)
Use this as a baseline for negotiations. Always call local yards to confirm their rate for your load size.GT = Gross Ton (2240 lbs)
Avg: $0.79
Lowest price $0.75
Highest price$0.75Who pays the most? ⟶

National high for this grade: $0.90 / lb.

How to read scrap yard offers in Cleveland, Texas

Scrap buy price in Cleveland, Texas — $0.75 / lb (single yard offer in our database). Compare with prices across Ukraine below to estimate the real value of this scrap grade.

52-week price range
Over the past year, prices ranged from $0.70 to $4.40.
May '25Aug '25Nov '25Feb '26Today
Market response to LME pricing
Current spread vs. exchange (today): ~91.1% (-$8.11 / lb). Typical spread for this grade: 40%–92%
✓ Scrap yards are offering fair market rates
Market snapshot
Stable market. Prices have held steady over the past 6 months.
Pricing verified from 1 live board rate in this area.

316 Stainless Steel price reference for Cleveland (Texas)

Scrap yards in Cleveland (Texas) don't always update their prices in real time. To give you a reliable current value, we use the U.S. national average ($0.80 / lb). The secondary metals market tracks exchange moves consistently across the country. Use this national figure as your benchmark when negotiating with local yards. 316 Stainless Steel prices across the U.S. →

Top Paying Scrap Yards for 316 Stainless Steel Cleveland, TX

These are scrap yards in Cleveland (Texas) that recently updated 316 Stainless Steel prices in our database. Call them to lock in a quote. If your city isn't listed, use the National Index above as a bargaining reference with your nearest buyer.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated 41 days ago

Cleveland Recycling Inc.

Listed as: 316 SS CLEAN
25068 TX-321, Cleveland, TX 77327 Plan route
$0.75 / lb

Don't see your scrap yard in Cleveland (Texas)? List it for free.

Hundreds of sellers in your area search for current scrap prices every day. Post your buy prices and start getting calls.

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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 300 Series Stainless Steel or 304 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 1 scrap yard
Avg price:$0.79 / lb
Trend for 30 days: 0.0%
300 Series Stainless Steel Estimated U.S. prices
Avg price:$0.33 / lb
Trend for 30 days: -17.8%
Price analytics
304 Stainless Steel Based on 1 scrap yard
Avg price:$0.25 / lb
Trend for 30 days: 0.0%
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

$0.79
Scrap metal dealers
Price gap: −$8.11 / 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 91.5%. That is wider than any prior month shown in this table (historical band about 40.0%–54.5%). 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$0.75 / lb−$8.05 (91.5%)
April 2026$8.1078 / lb$4.72 / lb−$3.39 (41.8%)
March 2026$7.8114 / lb$3.69 / lb−$4.12 (52.8%)
February 2026$7.8468 / lb$3.57 / lb−$4.28 (54.5%)
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$4.14 / lb−$2.77 (40.1%)
September 2025$6.9338 / lb$4.16 / lb−$2.77 (40%)
August 2025$6.9013 / lb$4.14 / lb−$2.76 (40%)
July 2025$6.9572 / lb$4.17 / lb−$2.79 (40.1%)
June 2025$6.9004 / lb$4.14 / lb−$2.76 (40%)
May 2025$7.0965 / lb$4.26 / lb−$2.84 (40%)

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)
$0.75 / lb+$0.05$0.75 – $0.75