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What Is The Current Price Per Pound Of Stainless Steel Scrap?

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Mark Harley Profile
Mark Harley answered
There are six main types of stainless steel scrap; 18-8, 304, 316, 409, 410 and 430. There are several other varieties but they roughly all fall into the same brackets. The 300 series accounts for 70 per cent of all stainless steel produced.
Current rates for stainless steel scrap are ever rising. In the US currently it’s 1 dollar 73 cents, but in areas of demand this rises to $2 or $3. This means $3460, $4000 or even $6000 per tonne.
In the UK the value of scrap steel is up 550 per cent since 2002. It is on average around 58p per lb, which works out at around £1300 for a tonne. Like the US there are variances depending on demand. In places it can reach £1500 to £1600 per tonne, which equates to 66-71p per lb.
Anonymous Profile
Anonymous answered
Depends on the type of stainless steel grade.
Here are some ranges of pricing:
309 Stainless Steel Scrap  0.68   0.90  lbs  USD  
310 Stainless Steel Scrap  1.12   1.50  lbs  USD  
316 Stainless Steel Scrap  0.79   1.05  lbs  USD  
321 Stainless Steel Scrap  0.56   0.75  lbs  USD  
330 Stainless Steel Scrap  0.84   1.12  lbs  USD  

Source: www.scrapmetalpricesandauctions.com
Arthur Wright Profile
Arthur Wright answered
Stainless steel isn't bringing much as scrap metal places can do very little with stainless steel
Anonymous Profile
Anonymous answered
What grade would a commercial stainless steel sink be? They are 8ft in length by 3 ft wide about 12 inches deep?

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