Pickling liquors are still one of the main environmental concerns of the stainless steel industry. Most of the processes designed to recover these wastes focus on the recovery of their acid content (mixtures of HF and HNO₃), but also produce metals (iron, nickel, chromium and molybdenum) as a low quality by-product that sometimes must be treated as a residue. This paper presents the development of a process to obtain commercial products from the metal content of these liquors. To this end, three precipitation methods (total, sequential and modified) were tested. The proposed procedure is the last one, i.e., modified precipitation. It consists of two stages each resulting in the recovery of solids. The first product is mainly composed of iron and chromium hydroxides and oxides, along with molybdate, while the second is mainly composed of nickel hydroxide. In addition, this method allows an almost total recovery of the acids.