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Chromium and nickel-bearing alloys — 300 series, 400 series, and specialty stainless grades.
📅 Last Updated: May 2026
About Stainless Steel Melting Scrap
Stainless steel scrap is an actively traded ferrous category, with material value driven by the chromium, nickel, and molybdenum content of the alloys. The grades break naturally into two large families — the chromium-only 400 series, and the chromium-nickel 300 series, with 304 and 316 being the most common variants — and a number of more specialised alloys.
The trade moves through specialist yards equipped with X-ray fluorescence (XRF) analysers, which read the elemental composition of incoming material on the spot. This identification is important because the value of stainless scrap depends heavily on its nickel content, and the price difference between grades is meaningful.
Principal Grades
The principal grades of stainless steel melting scrap, as defined in the ReMA specifications:
304 Stainless (18-8)
The most common stainless grade — 18% chromium, 8% nickel. Used in kitchenware, food processing, and architectural applications.
316 Stainless (18-10-2)
18% chromium, 10% nickel, 2% molybdenum. Higher corrosion resistance than 304. Used in marine, chemical, and medical applications.
Stainless Solids (300 Series)
Mixed solids of the chromium-nickel grades.
Stainless Turnings (300 Series)
Machining turnings, with or without oil/coolant.
400 Series Stainless
Chromium-only stainless — typically 410, 430. Magnetic, used in automotive exhaust and decorative trim.
310 / 309 Stainless
Higher-chromium, higher-nickel heat-resistant grades.
17-4 PH Stainless
Precipitation-hardening stainless alloy.
Duplex Stainless (2205, 2507)
Mixed austenitic-ferritic stainless with high strength and corrosion resistance.
Companies Active in Stainless Steel — By Country
Companies grouped by country. Each handles stainless steel melting scrap among other categories.
🇮🇳 India (5)
Tata Steel Ltd
Mumbai • Integrated steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 ExploreJSW Steel Ltd
Mumbai • Integrated steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 ExploreArcelorMittal Nippon Steel India
Hazira, Gujarat • JV integrated steel producer
🏷️ Steel · Stainless Steel
🔍 ExploreJindal Stainless Ltd
Hisar, Haryana • Stainless steel producer, publicly listed
🏷️ Stainless Steel · Steel
🔍 ExploreMukand Ltd
Mumbai • Specialty steel producer, publicly listed
🏷️ Steel · Stainless Steel
🔍 Explore→ View all India companies
🇺🇸 United States (3)
Sims Metal Management
New York • Diversified scrap multinational, ASX-listed
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 ExploreEMR USA Metal Recycling
Camden, NJ • EMR subsidiary
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 ExploreNucor Corporation
Charlotte, NC • Steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 Explore→ View all United States companies
🇬🇧 United Kingdom (3)
European Metal Recycling (EMR)
Warrington • Diversified scrap, privately held
🏷️ Steel · Copper · Aluminium · Stainless Steel
🔍 ExploreOutokumpu Stainless UK
Sheffield • Stainless producer
🏷️ Stainless Steel
🔍 ExploreSheffield Forgemasters
Sheffield • Specialty steel forger
🏷️ Steel · Stainless Steel
🔍 Explore→ View all United Kingdom companies
🇨🇳 China (2)
Baoshan Iron & Steel (Baosteel)
Shanghai • Largest Chinese steel producer
🏷️ Steel · Stainless Steel
🔍 ExploreTsingshan Holding Group
Wenzhou, Zhejiang • Stainless steel and nickel giant
🏷️ Stainless Steel · Steel
🔍 Explore→ View all China companies
🇩🇪 Germany (3)
VDM Metals GmbH
Werdohl • Nickel alloys, specialty
🏷️ Stainless Steel
🔍 ExploreThyssenKrupp Materials Services
Essen • Diversified metals
🏷️ Steel · Stainless Steel · Copper
🔍 ExploreBuderus Edelstahl GmbH
Wetzlar • Specialty steel
🏷️ Steel · Stainless Steel
🔍 Explore→ View all Germany companies
🇯🇵 Japan (4)
Nippon Steel Corporation
Tokyo • Largest Japanese steel producer
🏷️ Steel · Stainless Steel
🔍 ExploreHitachi Metals (Proterial)
Tokyo • Specialty alloys, TSE-listed
🏷️ Stainless Steel
🔍 ExploreDaido Steel
Nagoya • Specialty steel, TSE-listed
🏷️ Steel · Stainless Steel
🔍 ExploreSanyo Special Steel
Himeji • Specialty steel
🏷️ Steel · Stainless Steel
🔍 Explore→ View all Japan companies
🇰🇷 South Korea (3)
POSCO Holdings
Pohang • Major Korean steel producer, NYSE-listed
🏷️ Steel · Stainless Steel
🔍 ExploreKorea Nickel Corporation
Seoul • Nickel and specialty alloys
🏷️ Stainless Steel
🔍 ExploreSeah Besteel Holdings
Seoul • Specialty steel
🏷️ Steel · Stainless Steel
🔍 Explore→ View all South Korea companies
🇮🇹 Italy (2)
Aperam Stainless Italy
Terni • Stainless steel
🏷️ Stainless Steel
🔍 ExploreAcciai Speciali Terni (AST)
Terni • Stainless and specialty steel
🏷️ Stainless Steel
🔍 Explore→ View all Italy companies
🏛️ Global Trade Associations
Public industry bodies covering ferrous and non-ferrous melting scrap worldwide. Tap any link to visit their official site.
BIR — Bureau of International Recycling
🌍 Global • Brussels. International recycling industry federation with members across many countries.
🔗 Visit bir.orgMRAI — Material Recycling Association of India
🇮🇳 India • Mumbai. Industry body for ferrous and non-ferrous metal recyclers. Affiliated with BIR and ReMA.
🔗 Visit mrai.org.inReMA — Recycled Materials Association (ISRI)
🇺🇸 USA • Washington DC. Industry body that publishes the ReMA (ISRI) scrap specifications used internationally.
🔗 Visit recycledmaterials.orgBMRA — British Metals Recycling Association
🇬🇧 UK • Cambridgeshire. Trade body for the UK metals recycling industry. Affiliated with BIR.
🔗 Visit recyclemetals.orgBMR — Bureau of Middle East Recycling
🇦🇪 Dubai. Regional association for the GCC and Middle East scrap industry.
🔗 Visit bmr.aeEuRIC — European Recycling Industries Confederation
🇪🇺 Brussels. Umbrella body for Europe's recycling industries.
🔗 Visit euric-aisbl.euCMRA — China Nonferrous Metals Recycling
🇨🇳 Beijing. Operates under CNIA — governs non-ferrous metal scrap import standards.
🔗 Visit cmra.cnMRA Malaysia — Malaysian Recyclers Association
🇲🇾 Klang, Selangor. Industry body for Malaysia's metals recycling sector.
🔗 Visit mrassociation.orgBDSV — German Steel & Metal Recycling
🇩🇪 Düsseldorf. Represents Germany's ferrous and non-ferrous scrap industry.
🔗 Visit bdsv.orgVRA — Vietnam Recycling Association
🇻🇳 Hanoi. Coordinates Vietnam's non-ferrous and ferrous metals recycling sector.
🔗 Visit vra.com.vnLME — London Metal Exchange
🌍 Global. Industrial metals exchange — copper, zinc, lead, aluminium, tin, nickel, steel.
🔗 Visit lme.comICSG — International Copper Study Group
🇵🇹 Lisbon. Intergovernmental copper trade statistics and analysis.
🔗 Visit icsg.orgInternational Aluminium Institute
🇬🇧 London. The global aluminium industry body.
🔗 Visit IAIInternational Lead & Zinc Study Group
🇵🇹 Lisbon. Intergovernmental lead and zinc statistics and analysis.
🔗 Visit ilzsg.org⚠️ Disclaimer
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