Prices from a London-area yard (Simvic, Chertsey), not a UK average.
316 stainless solids price today
£1.20per kg
316 stainless solids
Yard price, verified . Final price depends on grade, condition and weight.
Stainless steel · Surrey & London
Stainless Steel Scrap Price per kg today — £1.00–£1.20 (25 Oct)
316 stainless solids are £1.00–£1.20 per kg (£1,000–£1,200 per tonne), verified 25 Oct 2026.
Stainless steel is worth considerably more than ordinary steel because it contains chromium and nickel. Sinks, catering equipment, kitchen worktops, tube and fasteners are common sources.
The two most traded grades are 304 (also called 18/8) and 316, which also contains molybdenum and is used in marine and chemical settings. 316 generally commands a higher rate.
Compare with our full scrap metal price list, or check aluminium prices and brass prices. Work out what your load is worth with the scrap metal price calculator, see our scrap metal prices for London, or request a stainless steel quote.
Stainless steel prices
Yard prices
Prices verified
| Metal / grade | £ per kg |
|---|---|
316 stainless solids FreshVerified | £1.00 – £1.20 per kg |
18/8 stainless solids FreshVerified | £0.60 – £0.70 per kg |
Final price depends on the grade, condition and weight of your metal. Price badges: green under 4 days old, amber 4–14 days, grey older.
316 stainless steel price
316 stainless solids are £1.00–£1.20 per kg (£1,000–£1,200 per tonne), verified 25 Oct 2026. The quoted range is for 316 stainless solids, the headline grade on this page. It is not a retail price for new stainless steel and should not be applied to unidentified shiny metal. Keep readable grade markings and separate known 316 from 18/8 stainless. A magnet alone cannot prove the alloy; ask the buyer to identify unmarked material before estimating its value.
Stainless steel scrap price per kg
316 stainless solids are £1.00–£1.20 per kg (£1,000–£1,200 per tonne), verified 25 Oct 2026. This headline rate represents 316 stainless solids rather than every stainless grade. The table also lists 18/8 stainless solids separately, so check the correct row before multiplying a weight by a rate. Remove accessible ordinary steel brackets, wood and plastic where safe. If the alloy is unknown, do not assume the 316 price simply because the surface is shiny or resists rust.
Stainless steel grades and materials
Materials on our confirmed buying list. Acceptance and grading depend on condition; contact us about attachments, contamination or unusual items.
- 18/8 stainless solids
- 316 stainless solids
- 18/8 stainless solids
- 18/8 (304) stainless steel solids.
- 316 stainless solids
- 316 stainless steel solids.
How to identify stainless steel
- Common 304 and 316 stainless are largely non-magnetic, though cold-worked areas such as bends can be slightly magnetic.
- A strongly magnetic ‘stainless’ item is likely a 400-series ferritic grade, which yards usually price lower.
- Grade stamps (e.g. ‘304’, ‘316’, ‘A2’, ‘A4’) on fittings and fasteners help confirm the alloy.
Preparation and contamination
- Separate magnetic stainless from non-magnetic stainless.
- Remove plastic, wood and ordinary steel brackets.
- Keep 316 separate from 304 if you can identify it.
What affects the price
- Nickel and molybdenum market prices.
- Correct grade identification — yards may test with an analyser.
- Contamination with ordinary steel.
Estimate the value of your stainless steel
Your estimate will appear here
Estimated value = weight in kg × price per kg. For a price range we show both the low and high value.
Stainless steel price FAQs
How much is scrap stainless steel worth per kg today?
The headline stainless steel grade, 316 stainless solids, is up to £1.20 per kg at Simvic in Chertsey (verified 25 Oct 2026). Lower grades and contaminated material pay less; confirm before travelling.
How can I tell 304 from 316 stainless steel?
They look identical. Markings help, otherwise a yard with an XRF analyser can test it. If unsure, it will usually be graded as 304.
Will a London scrap yard pay me in cash?
No. Under the Scrap Metal Dealers Act 2013, licensed dealers in England and Wales cannot pay for scrap metal in cash. Expect a bank transfer or cheque, and bring photo ID and proof of address, which dealers are required to record.