How Much Is Stainless Steel Scrap Worth Per Kg Today?
Recycling stainless steel lets you earn money as well as help the environment. Knowing the value of stainless steel per kg can lead to greater revenue for you, even if you’re removing old trash or have work in the trades. All the information you require is right here.
What Does the Term Stainless Steel Scrap Cover?
Stainless steel scrap means any part of stainless steel that is now unwanted and can be used again.
Common examples include:
Kitchen appliances and utensils.
Industrial equipment and machinery.
Automotive parts.
Construction waste.
Manufacturing overages.
Stainless steel is long-lasting and won’t corrode, so it’s in demand in the recycling marketplace.
Types of Stainless Steel Scrap:
304 Stainless Steel: The most common type (used in sinks and kitchen appliances).
316 Stainless Steel: The second-most common type (does contain some molybdenum and used in maritime equipment where more corrosive resistance is required).
Mixed or Unknown Grades: Typically lower value, as it is unknown what stainless steel goes into the mill.
Stainless Steel Scrap Prices Per Kg (May 2025)
The price of stainless steel scrap price per kg varies based upon the grade you have, market demand, and the region of the world you are in. Listed an average price in Australia (AUD).
What Affects the Prices of Stainless Steel Scrap?
A number of aspects play a role in deciding prices, amongst which are:
Chromium and Nickel Prices—Because these are purchased on the market like alloys, they can change the worth of scrap steel.
Scrap Purity—Stainless steel with the highest purity is typically sorted by steel product and has the highest purchase rates.
Global Demand—When global manufacturing increases, the demand for recycled metals will also increase.
Location and Freight Cost—Pricing may vary depending on distance to processors.
Economic Cycle—The prices will change as the economy goes through inflationary stages, shipping costs, and range of fuel prices.
Where to Sell Stainless Steel Scrap in Australia
Do you want to make some money? Here are some good options to start with:
Top Scrap Purchasers in Major Cities:
Melbourne: Sims Metal, Total Metal Recyclers
Sydney: Metal Men Recycling, Action Metal Recyclers
Brisbane: Brisbane Metal Market, Universal Recycling
How to Get the Most Value for Stainless Steel Scrap
Things to consider before going to scrap yard:
Keep Stainless Steel Separate from Other Metals—If you mix load is scrap with other metals, expect the lowest grade price.
Clean Your Scrap—Remove rubber, plastic or wood attachments.
Sort by grade—Properly listed AA for grade 304 and 316 stainless will be sold or priced differently.
Weigh Your Scrap Total—Know your total weights for negotiation.
Get multiple quotes—Price can vary from dealer to dealer, even in the same city!
Environmental and Economic Benefits of Recycling Stainless Steel
Recycling stainless steel has immense positive benefits:
Saving Energy: Making new steel uses much more energy than recycling it; recycled steel takes just 70% of the energy new steel needs.
Lets Natural Resources Be Used Sparingly: Stainless steel recycling means that we mine less than we would if we did not recycle.
Less Waste in Landfills: Stainless steel can cover a great deal of the space in landfills.
Recycling helps the local economy and leads to new job creation.
In Conclusion
Understanding the price of stainless steel scrap per kg gives you power to make more informed recycling decisions, and maximise your profit. Given that prices fluctuate frequently, this may be a good time to pay attention to prices, and deal only with reputable scrap metal buyers.