316 Stainless Scrap Weekly Update
The 316 Stainless Scrap Weekly Update is a snapshot, viewed online, of the market trends of changing market prices for 316 Stainless Steel Scrap.
316 Stainless Scrap
316 Stainless Steel Scrap shall consist of sorted AISI type 316 stainless steel solids and shall have a chemical composition of 0.08% Carbon, 16-18% Chromium, 2-3% Molybdenum, 2% Manganese, 10-14% Nickel, 0.045 Phosphorous 0.030% Sulfur, 1.0% Silicon and the balance Iron.
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The Weekly Report is derived from current spot market prices originating from ScrapIndex.com.