316 stainless steel commands a premium over 304 SS due to its molybdenum content. We pay top dollar for 316 and 316L scrap in all forms. Free pickup for commercial quantities. Same-day payment.
📞 Call 754-310-2984 for a Live Quote Get a Written Quote316 stainless steel scrap is one of the most valuable common stainless steel grades, trading at a significant premium over 304 SS due to its molybdenum content. In 2026, clean 316 stainless steel scrap is trading in the range of $0.30 to $0.65 per pound, approximately 10–20% above equivalent 304 SS material.
| Form | Grade | Price Range (per lb) | Notes |
|---|---|---|---|
| 316 SS Sheet / Plate | 316 / 316L | $0.48–$0.65 | Highest value form |
| 316 SS Pipe / Tubing | 316 / 316L | $0.42–$0.58 | Sanitary and schedule pipe |
| 316 SS Tanks / Vessels | 316L | $0.35–$0.52 | Pharma/chemical grade |
| 316 SS Structural | 316 | $0.35–$0.50 | Angle, bar, channel |
| 316 SS Turnings | 316 / 316L | $0.25–$0.40 | Dry, oil-free preferred |
| Mixed 316 SS Lot | Various | $0.30–$0.48 | Plant shutdown lots |
The key difference between 316 and 304 stainless steel is the addition of 2–3% molybdenum in 316 SS. Molybdenum is a high-value transition metal that significantly enhances corrosion resistance, particularly in chloride-rich environments such as marine, chemical processing, and pharmaceutical applications.
From a scrap value perspective, molybdenum is a critical and relatively scarce alloying element. The additional molybdenum content in 316 SS directly translates to a higher recovery value for scrap processors, which is why 316 SS consistently commands a 10–20% premium over 304 SS in the scrap market.
316 stainless steel is predominantly used in applications requiring superior corrosion resistance. The most common industrial sources of 316 SS scrap include pharmaceutical manufacturing equipment, food processing tanks and piping, chemical processing vessels, marine hardware and fittings, medical device manufacturing, and offshore oil and gas equipment.
Get a confirmed quote within hours. Free pickup for commercial lots. Same-day payment.
📞 Call 754-310-2984 Now Submit a Quote RequestThe most common stainless steel grade. See current prices and what we pay for 304 SS.
Compare prices and specifications for 304, 316, 410, 430, and other stainless steel grades.
High-nickel superalloys like Inconel 625 and 718 command significantly higher prices than stainless steel.
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As shown in our video: Today's 316 stainless steel scrap price is $0.55–$0.80 per pound. 316 stainless contains molybdenum for superior corrosion resistance, used in marine, pharmaceutical, and chemical applications. For a confirmed quote, call ScrapMetalBuyers.com at 954-488-0700.
Today's 316 stainless steel scrap price is $0.55–$0.80 per pound. 316 stainless contains molybdenum for superior corrosion resistance, used in marine, pharmaceutical, and chemical applications. For a confirmed quote, call ScrapMetalBuyers.com at 954-488-0700.
As shown in our video: Today's 316 stainless steel scrap price is $0.55–$0.80 per pound. 316 stainless contains molybdenum for superior corrosion resistance, used in marine, pharmaceutical, and chemical applications. For a confirmed quote, call ScrapMetalBuyers.com at 954-488-0700.
Today's 316 stainless steel scrap price is $0.55–$0.80 per pound. 316 stainless contains molybdenum for superior corrosion resistance, used in marine, pharmaceutical, and chemical applications. For a confirmed quote, call ScrapMetalBuyers.com at 954-488-0700.