Specific stainless steel prices per pound 300 series stainless steel: $0.65 304 stainless steel: $0.66
Full Answer
How much does a pound of stainless steel cost?
What Is the Price Per Pound of Stainless Steel? The price per pound of stainless steel varies, but the current price for a pound of stainless steel is between $1 and $3, depending on the type. Stainless steel, along with other steel products and metals, is a commodity.
What drives the price of stainless steel?
Like with other metals, the price of stainless steel is driven largely by the price and availability of the commodities that make up the grade. In the case of stainless steel, that includes nickel and chrome. That price impact is felt by you in form of the stainless steel surcharges.
What are stainless steel surcharges?
In the case of stainless steel, that includes nickel and chrome. That price impact is felt by you in form of the stainless steel surcharges. These are additional charges added to the base price per pound of an alloy typically vary by mill.
What is the strongest type of stainless steel?
Offering outstanding strength, 15-5 PH stainless steel is often used for gears and shafts. 13-8 PH stainless steel can be hardened at lower temperatures than other heat-treatable types of stainless steel.
How much does Stainless cost per pound?
Updated 07/15/2022MetalAverage PriceDate Updated17-4 Stainless Steel$0.14/lbUpdated 07/15/2022300 Series Stainless Steel$0.30/lbUpdated 07/15/2022304 Stainless Steel$0.35/lbUpdated 07/15/2022310 Stainless Steel$0.62/lbUpdated 07/15/2022156 more rows
What is the price of stainless steel today?
CURRENT PRICE $0.23/lb These prices are current as of today's date and are subject to change, at any time due to outstanding market conditions.
How much is 304 stainless a pound?
304 Stainless Steel Scrap Prices....U.S.A. Scrap Dealer National Price Index.Average PriceHigh PriceLow Price0.38 USD/LB0.9 USD/LB0.1 USD/LB
What is 304 stainless steel worth?
Type 304 Stainless Steel is a Chromium-Nickel austenitic alloy that has a minimum of 18% chromium, 8% nickel and a maximum of 0.08% carbon....304 SS Price.RegionPriceNorth America, US East Coast$0.49 per LbUS Midwest, West Coast$0.49 per LbChinaCNY 12,150 per MTEuropeUS$1,070 per Tonne
What is the price of 316 stainless steel?
The price of 316 Stainless Steel Sheet products is between ₹242 - ₹280 per Kg during Jul '21 - Jun '22.
Is stainless steel going up in price?
Stainless steel prices are expected to see increases on higher demand, lower supply and higher raw material costs, industry sources told S&P Global Commodity Insights in the week to March 4.
Is stainless steel worth money?
It is truly the most ideal metal for many applications. 'New' products made from stainless steel already contain about 60% recycled materials, making stainless one of the most sustainable metals around. This fact alone makes stainless steel one of the most valuable commodities in the metal market.
What's the difference between 304 and 304L?
In grade 304 stainless, the maximum carbon content is set at 0.08%, whereas grade 304L stainless steel has a maximum carbon content of 0.03%. The “L” in 304L can be interpreted as meaning extra-low carbon.
How much is stainless steel per pound in California?
Scrap Metal Prices Per Pound:MetalPrice, $ / lb.Aluminum Cans**/lb Request mineLEAD$00.20-$00.40/lb Request mineSTEEL$00.03-$00.05/lb Request mine304 and 316 Stainless Steel$00.20-$00.50/lb Request mine40 more rows
Is 304 or 316 stainless steel better?
Though the stainless steel 304 alloy has a higher melting point, grade 316 has a better resistance to chemicals and chlorides (like salt) than grade 304 stainless steel. When it comes to applications with chlorinated solutions or exposure to salt, grade 316 stainless steel is considered superior.
What is the current price of steel per ton?
Prices averaged USD 1,339 per metric ton, which was 9.1% lower than April's price and was down 13.0% from the same month last year.
What is the market price of steel?
PriceDaySteel4,122.003.85%Iron Ore118.007.27%Lithium476,500.000%Platinum894.620.73%3 more rows
What is the cost difference between 304 and 316 stainless steel?
Price Difference of 304 Stainless Steel vs 316 The increase of nickel content and the addition of molybdenum in 316 makes it more expensive than 304. On average, the price of 316 stainless steel 40% higher than the price of 304 SS.
What is 2205 stainless steel?
2205 stainless steel resists cracking even when faced with a combination of tensile stress, corrosive chemicals, and heat. Also known as duplex stainless steel, it has twice the strength of 316 stainless steel. Use it for high-pressure applications in caustic environments.
What is the best material to use for 316 stainless steel?
The addition of molybdenum gives 316 stainless steel excellent corrosion resistance. Use it in a variety of marine and chemical-processing applications.
What is a hardened rod?
Hardened for superior wear resistance, these rods are precision ground to a tight diameter tolerance so they’re ready for turning in a lathe.
Does AL-6XN stainless steel crack?
More corrosion resistant than 316L stainless steel, AL-6XN stainless steel won’t crack or break down when exposed to harsh chemicals like chlorides.
Is stainless steel 304 stainless steel good?
From cookware to chemical-processing equipment, 304 stainless steel is a good all-around choice for a wide range of applications.
Is Nitronic 50 stainless steel corrosion resistant?
Stronger and more corrosion resistant than 316 stain less steel, Nitronic 50 is especially well-suited for use as shafts and fixtures in marine environments.
Is stainless steel worth more per pound?
Some stainless steel is an alloy, meaning that it contains more than one kind of metal. If stainless steel is not pure, it is usually not worth as much per po und. ADVERTISEMENT.
Is stainless steel a commodity?
Stainless steel, along with other steel products and metals, is a commodity. That means that its value is determined by the commodities market. In some cases, consumers may be able to see the current value of stainless steel by looking at a list of commodity values. For example, the World Bank publishes quarterly updates on the values ...
United States Stainless Steel Scrap Buy Price Index
Stainless Steel Scrap Prices. The prices listed below are national average prices paid by scrap yards in the U.S.A. Prices are collected from scrap yards directly and updated bi-weekly.
Canada Stainless Steel Scrap Buy Price Index
Stainless Steel Scrap Prices. The prices listed below are national average prices paid by scrap yards in the Canada. Prices are collected from scrap yards directly and updated bi-weekly.
What is the Price of Stainless Steel?
Like with other metals, the price of stainless steel is driven largely by the price and availability of the commodities that make up the grade. In the case of stainless steel, that includes nickel and chrome.
The Production Dilemma
In terms of the production-cost factor, look at stainless steel grade 430 as one example. This grade has been in short supply as of late, due in large part to the fact that some domestic mills have reduced their production levels.
The Alloys Behind the Grade
Historically, nickel has had the biggest impact on these surcharges. But chrome has a certain impact as well, as described by Nick Webb, Ryerson’s director of risk management, commodities hedging, below:
What is the Current Price of Stainless Steel?
For a monthly update on the price of stainless steel, as well as that of all other metals, be sure to sign up for Cup o' Joe with Nick Webb.
304 Stainless Steel Round Bar
The most widely used of the stainless and heat resisting steels, 304 offers good corrosion resistance to many chemical corrodents as well as industrial atmospheres.
304 Stainless Round Bar
304 Stainless Steel Round Bar has many applications. 304/304L stainless is dual certified.
