Question: Is Stainless Steel Worth Recycling?

Ferrous metal is not worth very much when you bring it to the scrap yard, but the scrap yard will accept it and make sure it is recycled properly.

Many common metals — like copper, aluminum, brass, stainless steel, and bronze — are categorized as non-ferrous metals.

What is the scrap price for stainless steel?

Dallas/Fort Worth, Texas

Non-Ferrous Scrap Metal Pricing (per LB)
Alum / Copper Reefers (w/Fe)$0.88
Aluminum Coolers$0.21
304 Stainless Steel$0.33

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Can I recycle stainless steel?

Stainless steel can be recycled without any degradation – this means products made from 100% recycled stainless steel are viable as the only limit on the ratio is the availability of scrap material.

How much is a pound of stainless steel worth?


Non-Ferrous Scrap Metal Prices (per lb.)
Sheet Aluminum$0.18
Clean Cast Aluminum$0.21
Clean Aluminum Wheels$0.46
Clean 304 Stainless Steel$0.25

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How much is scrap metal worth per pound today?

Currently, the closest scrap yard to me pays $195 per ton, or per 2,000 pounds for ferrous metals. This breaks down to approximately $10 per 100 pounds of metal. The price that scrap yards pay fluctuates with worldwide supply and demand and can change daily.

Can I scrap stainless steel?

If the magnet does not stick to your metal: The metal you have is a non-ferrous metal. Many common metals — like copper, aluminum, brass, stainless steel, and bronze — are categorized as non-ferrous metals. These metals are very valuable to recycle and are worth more money at the scrap yard.

How can you tell the difference between 304 and 316 stainless steel?

A major difference between 304 and 316 stainless steel is the chemical composition, with 316 containing a significant amount of molybdenum; typically 2 to 3 percent by weight vs only trace amounts found in 304. The higher molybdenum content results in grade 316 possessing increased corrosion resistance.

Can I put steel in the recycling bin?

No, not when combined with household packaging products destined for the Materials Recycling Facility. The MRF is primarily a container sorting facility. Tinned steel cans and aluminum cans are recyclable in curbside bins and carts. Scrap metal pieces are not.

What metals Cannot be recycled?

Here is a list of items that CANNOT be recycled:

  • Paint Cans.
  • Motor oil cans.
  • Pots and pans.
  • Propane gas tanks.
  • Items that contain mercury.
  • Certain car and truck parts.
  • Television and computer monitors.
  • Radioactive metal/metals that contain uranium.

Are stainless steel scrubbers recyclable?

It is durable and machine-washable (up to 60 degrees Celsius), and 100% recyclable. It cleans pots, pans, ovens, ceramic cooktops, glass, stainless steelthoroughly and gently. Please note that these scrubbers may scratch surfaces they are used on, but not nearly as readily as would steel wool. Comes as a set of 2.

How much is stainless steel worth for scrap?

July 1, 2019

*subject to change
Aluminum Rims/Chrome Rims$.55/.45per pound
Stainless Steel (clean)$0.27per pound
Sealed Units$0.16per pound
Electric Motors$0.20per pound

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What is scrap price for stainless steel?

Scrap Stainless Prices:

Metal TypeMetal GradePrice Per Ton
STAINLESS STEEL18/8 – 304 Stainless£650
STAINLESS STEEL316 Stainless£750
STAINLESS STEELStainless Turnings£550

Is stainless steel magnetic?

A basic stainless steel has a ‘ferritic’ structure and is magnetic. However, the most common stainless steels are ‘austenitic’ – these have a higher chromium content and nickel is also added. It is the nickel which modifies the physical structure of the steel and makes it non-magnetic.