Steel Recycling: Magnetic vs. Non-Magnetic

Steel is one of the most commonly recycled materials, but not all steel is the same. Understanding the difference between magnetic and non-magnetic steel can help you get the best price.

The Magnet Test

The easiest way to identify steel type is with a magnet:

• Magnetic: Regular carbon steel, iron

• Non-Magnetic: Stainless steel (most grades)

Magnetic Steel (Ferrous)

Characteristics:

• Contains iron

• Attracted to magnets

• More common

• Generally lower price per pound

Examples:

• Car parts

• Appliances

• Structural steel

• Tools

Non-Magnetic Steel (Stainless)

Characteristics:

• Contains chromium and nickel

• Not attracted to magnets

• Corrosion resistant

• Higher price per pound

Examples:

• Kitchen appliances

• Medical equipment

• Food processing equipment

• Architectural elements

Stainless Steel Grades

300 Series (Non-Magnetic)

• 304: Most common, good corrosion resistance

• 316: Superior corrosion resistance, medical grade

400 Series (Magnetic)

• 430: Magnetic stainless steel

• 440: High-carbon stainless steel

Preparation Guidelines

1. Test with magnet • Separate magnetic from non-magnetic

2. Remove attachments • Plastic handles, rubber components

3. Clean thoroughly • Remove grease and debris

4. Sort by grade • Keep different stainless grades separate

Market Insights

Steel prices are influenced by:

• Global construction demand

• Automotive industry

• Infrastructure projects

• Trade policies

Visit Bare Metals for competitive steel pricing across all our Georgia locations!