As of October 2015, the price for a metric ton of #1 HMS scrap steel varies from $212.15 in the United States Southwest to $213.15 on the West Coast. Different types of scrap steel have different scrap prices. Up-to-date scrap steel pricing for the United States is available at ScrapRegister.com.
Rates for scrap stainless steel vary by type of stainless steel and region of the country. Generally, prices are slightly higher on the West Coast for scrap steel, with the lowest prices in the Southwest. Some types of scrap steel pay per pound, some by the metric ton. Some scrap dealers, such as West Seattle Recycling in Seattle, Washington, do not pay for scrap steel unless at least 500 pounds has been turned in.