Stainless Steel 316

Grade: 316 (16/10/2 Austenitic Molybdenum)Very High Tier

High-grade stainless with molybdenum (10-14% nickel, 2-3% moly)

Market Price EstimateUpdated Daily

$2,150/ MT

+180 (9.1%)vs yesterday

Verified specifications & market data

Marine Grade (Mo) • Market Pricing

Estimated Scrap Price

£2,788

Per Metric Tonne • 90% Quality

Nickel Value

£1,158

Moly Value

£760

Chrome Value

£380

LME Nickel£11,580

Molybdenum Price£38,000

Ferrochrome (LC)£2,300

Base Scrap Value£800

Nickel Content10.0%

Molybdenum Content2.0%

Chromium Content16.5%

Grade Quality

Processing Fee+£0

Market Adjustment+0%

Highest Stainless

Triple-index calculator with molybdenum premium. Marine Grade Premium typically trades 15-25% over SS304.

Market Price Basis