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Stainless Steel 316 Calculator

Estimate the value of stainless steel 316 based on london metals exchange (lme) nickel + molybdenum + chromium index.

Stainless Steel 316

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

Market Parameters

£11,580
£38,000
£2,300
£800

Composition & Quality

10.0%
2.0%
16.5%
+£0
+0%
Highest Stainless
Triple-index calculator with molybdenum premium. Marine Grade Premium typically trades 15-25% over SS304.

About this Calculator

Market Basis

London Metals Exchange (LME) nickel + molybdenum + chromium index

Typical Value

Varies by market conditions

Pricing Formula

Base alloy price + Molybdenum premium + Marine/chemical application premium

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