Stainless Steel Scrape Price: Factors, Trends, and Market Insights
Stainless steel scrap refers to discarded or recycled stainless steel materials collected from manufacturing waste, industrial equipment, household items, construction debris, and end-of-life products. Instead of being wasted, this scrap is melted and reused to produce new stainless steel products. Because stainless steel contains valuable alloying elements like chromium and nickel, its scrap value is generally higher than carbon steel scrap.