Stainless Steel Market Price Per Pound

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 market price per pound. 201 301 304 316 321 430 439 409 441 and 444. 0 20 lb updated 10 03 2020. Prices can be influenced by several factors including natural disasters the strength of the american dollar and the general condition of the world economy. Should cost model current pricing for carbon steel hot rolled coil 80 astm a1018 cold rolled coil a36 astm a1008 and galvalume coil 40 az55 astm a792 view carbon steel prices stainless steel.

Steel decreased 135 yuan mt or 3 61 since the beginning of 2020 according to trading on a contract for difference cfd that tracks the benchmark market for this commodity. Should cost models yes for stainless. Month carbon steel price carbon steel index stainless steel 304 price stainless steel 304 index. Stainless steel along with other steel products and metals is a commodity.

Steel is the most recycled material in the world and more steel is recycled than all the other materials combined. That means that its value is determined by the commodities market. To view real time prices subscribe to our pricing services. Market trends and price changes are updated every day on the iscrap app.

Stainless steel cold rolled sheet 316l founded to establish transparency in the metals markets fastmarkets amm set the standard for price reporting 135 years ago and in the process defined the benchmarks widely quoted today. Aluminum cans may only cost 0 33 a pound while aluminum wheels may fetch up to 0 50 a pound. For aluminum the price is different if it comes from extrusions cans siding and wheels. The prices displayed are three months old.

Join the iscrap app on patreon for only 26 per day and learn more about. Metalminer insights includes a range of stainless steel prices for grades such as. Steel building pricing is more complicated than you might assume.