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Stainless steel scrap prices

The price of stainless steel scrap is going down

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As the price of nickel decreases in metal exchanges, the purchase prices of stainless steel scrap also decrease. From the beginning of 2023 to the end of June, the price of nickel fell by almost 40%. In the first days of 2023, the nickel price was $31.2/kg, on June 28, the nickel price was only $19.85/kg. Since the price of stainless steel scrap largely depends on the price of nickel, the purchase price of stainless steel scrap decreased accordingly. According to the website scraprice.com, the highest price of stainless steel scrap in the last days of June 2023 was in Turkey and reached almost €2/kg. The price of stainless steel scrap was also high in other countries: Denmark, Germany and the United Kingdom.

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TOP 20 LME
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# Buyer Purchase price Country
1
Hein Schrotthandel GmbH
1.71 € /kg price up Germany
2
Alfa Geri Dönüşüm
1.608 € /kg no changes Turkey
3
Greengate Metals
1.591 € /kg no changes United Kingdom
4
Vedder & Stockrahm
1.5 € /kg no changes Germany
5
Papierfritze
1.5 € /kg no changes Germany
6
PUR Umwelt
1.5 € /kg no changes Germany
7
MBärs Rohstoffhandel
1.5 € /kg price down Germany
8
2nd way Recycling
1.5 € /kg price up Germany
9
City Débarras Environnement
1.5 € /kg no changes France
10
F.H. Alu-Met
1.376 € /kg no changes Poland
11
Reclamet
1.364 € /kg no changes United Kingdom
12
West Midlands Metals
1.364 € /kg no changes United Kingdom
13
Reclamet
1.363 € /kg no changes United Kingdom
14
Reclamet
1.363 € /kg no changes United Kingdom
15
Reclamet
1.363 € /kg no changes United Kingdom
16
Bradal's Produkthandel
1.358 € /kg price down Denmark
17
Wostal
1.352 € /kg price down Poland
18
Service inde & ude
1.351 € /kg no changes Denmark
19
Cronimet
1.35 € /kg price down Estonia
20
AMETEKS SIA
1.35 € /kg no changes Latvia
21
SIA Fero M
1.35 € /kg price up Latvia
22
Metruna OÜ
1.35 € /kg no changes Estonia
23
ООО Гармет
1.343 € /kg price down Ukraine
24
Лом74
1.338 € /kg price up Russia
25
Volhartmetal S.C.
1.328 € /kg price up Poland
26
Metruna OÜ
1.32 € /kg price down Estonia
27
Mercato Metalli S.r.l.
1.32 € /kg no changes Italy
28
Metruna OÜ
1.32 € /kg price down Estonia
29
Metruna OÜ
1.32 € /kg price down Estonia
30
Metruna OÜ
1.32 € /kg price down Estonia
31
Metruna OÜ
1.32 € /kg price down Estonia
32
LOM.LV Uznemums
1.305 € /kg price up Latvia
33
EKO Sylwia
1.305 € /kg no changes Poland
34
Metalbee
1.3 € /kg price up Latvia
35
B.R.MET.
1.3 € /kg no changes Belgium
36
Mörarps Metallåtervinning AB
1.3 € /kg price down Sweden
37
RHR Rohstoffhandel Recklinghausen
1.3 € /kg no changes Germany
38
Recycla.se
1.3 € /kg no changes Sweden
39
SSG Altmetallhandel GbR
1.3 € /kg no changes Germany
40
Kuusakoski AS
1.285 € /kg price down Estonia


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STAINLESS STEEL SCRAP PURCHASING - is financially beneficial. There are plenty of metal buyers in every major city where you can easily sell stainless steel scrap or any other unnecessary items which contain stainless steel. The purchase prices depend on the buyer’s pricing policy, type or quantity and it is also influenced by global metal exchanges. Depending on the supply and demand of nickel, the price of nickel fluctuates, and so are the prices of stainless steel. In the event of changes in stock exchanges, recyclers of this metal react accordingly by adjusting the purchase prices of stainless steel to the buyers.