Average scrap price for 316 Stainless Steel

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 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 $4.37.
Jun '25Sep '25Dec '25Mar '26Today
Market response to LME pricing
Current spread vs. exchange (today): ~89.7% (-$7.23/ lb). Typical spread for this grade: 39%–90%
✓ 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.

Where to sell 316 Stainless Steel in Texas

Scrap yards in Texas buying 316 Stainless Steel — with current per-pound rates listed. Prices shown are indicative; actual payouts may vary by lot size, date, and material condition. Call ahead to confirm today’s price and minimum quantity. For large lots, ask about specialty or volume pricing.

💼 Scrap yard owners: Post your buy prices and get more customers
By price
By date
Updated 100 days ago

Astro City Scrap Metal

Listed as: 316ss
4530 N Shepherd Dr, Houston, TX 77018 Plan route
$0.90/ lb
Updated 123 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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Compare 316 Stainless Steel prices with other Stainless Steel grades

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 6 mo.: -4.4%
Price analytics
300 Series Stainless Steel Estimated U.S. prices
Avg price:$0.36 / lb
Trend for 90 days: -8.0%
Price analytics
Stainless Steel Turnings Estimated U.S. prices
Avg price:$0.15 / lb
Trend for 30 days: 0.0%
Price analytics

Price chart: 316 Stainless Steel and LME Nickel exchange data

This chart helps you track market direction and analyze 316 Stainless Steel prices at local scrap yards. The line shows the local trend alongside LME Nickel exchange data. When the exchange ticks up and yard prices haven't followed yet, they typically catch up within a few days — a good signal to wait before selling. When both lines are trending down, lock in your price and sell now before yards lower their offers further.

Current 316 Stainless Steel scrap vs. LME Nickel world price (LME)

Avg scrap yard price

$0.83
Scrap metal dealers
Price gap: −$7.23 / lb
vs. exchange

Today's world market price (LME)

$8.06 / 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.

Monthly spread: 316 Stainless Steel scrap vs. LME Nickel

Market Analysis: This month, the average spread between 316 Stainless Steel prices at local scrap yards and the exchange is 90%. This is outside the typical historical range for this metal category (87% – 93%). Our data suggests local yard prices haven’t fully updated to reflect current market movements. Browse offers in your area ↑
PeriodWorld price (per lb)Scrap yard price (per lb)Spread vs. exchange
June 2026 (current)$8.2630 / lb$0.83 / lb−$7.43 (90%)
May 2026$8.5976 / lb$5.16 / lb−$3.44 (40%)
April 2026$8.1078 / lb$4.87 / lb−$3.24 (39.9%)
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%)

Daily price history for 316 Stainless Steel

The table below shows the daily price history for 316 Stainless Steel at local scrap yards. For each day we display the average payout, the change from the previous day, and the full market range (low and high). This lets you spot the direction of the market over recent days — whether prices are climbing, falling, or holding steady. Review several consecutive days of data before making a trip, and always confirm today’s rate directly with the yards listed on this page.

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