Today's Stainless Steel Scrap Rate in Amritsar, Punjab
Live Price per kg
₹139.28
Last updated: 20 May 2026
This is the wholesale baseline rate — what dealers receive when they sell to bulk recyclers. Actual pickup quotes for individual sellers typically run ₹5–7/kg lower depending on grade (clean HMS-1 vs mixed scrap), quantity (100 kg+ negotiates better), and pickup distance. Use the Get Quote button on any dealer below for a real, item-specific offer for your scrap.
Verified Stainless Steel Scrap Buyers in Amritsar, Punjab
S K Scrap Shop
White Avenue, Amritsar, Punjab 143001, India
Mahajan scrap store
Majitha Rd, opp. Power Colony, Friends Avenue, Amritsar, Punjab 143001, India
Mahajan Scrap Shop
Shop No. 664 Old Jail Road, Basant Ave, Basant Avenue, Beauty Avenue, Amritsar, Punjab 143001, India
Raghu Motors
Shop No 208, Jahaghar, Amritsar, Amritsar Cantt., Punjab 143006, India
Amar Nath Vijay Kumar
Hall Gate, Hall Bazar, Katra Ahluwalia, Amritsar, Punjab 143006, India
Gora enterprise- jai bawa lal ji
Gali Banke Bihari Batala Rd, Jawahar Nagar, Amritsar, Punjab 143001, India
mahajan enterprises(kala mahajan)
Inder Palace Rd, opp. civil hospital, Maharaja Ranjit Singh Nagar, Hasanpura Chowk, Hussainpura, Amritsar, Punjab 143001, India
Arora trader's
Shop no 3, Dhapai Rd, near kabir mandir, Dam Gunj, Amritsar, Punjab 143002, India
Maa Laxmi Trading Co.
MAJITHA ROAD, BYE PASS CHOWK, Nashera Village, Amritsar, Punjab 143008, India
Gurbachan motor
Jahajghad shop no. 68, near ram talai, Mandir Market, Amritsar, Amritsar Cantt., Punjab 143006, India
Stainless Steel Scrap Market in Amritsar
The market for stainless steel in Amritsar is significantly influenced by the city's robust food processing and hospitality sectors, alongside ongoing urban construction. Supply streams are primarily generated through the renovation and demolition of older commercial establishments, particularly those housing restaurants and catering services, which discard large quantities of sinks, work surfaces, and fixtures. Demand remains steady, driven by the need for durable fittings in new residential and commercial builds, and by local fabrication units that service the textile machinery and small-scale industrial workshops situated near the city's periphery. Scrap collection points, often clustered around major commercial thoroughfares, process everything from discarded kitchen utensils to structural beams. The quality and grade of the steel—whether 304 or other grades—are key determinants of
About the scrap market in Amritsar
Amritsar, Punjab's holy city and a major border trading hub, has a vibrant scrap market connected to the Indo-Pak trade corridor. The city's proximity to the Attari-Wagah border adds a unique cross-border dimension to its scrap trade. Amritsar's traditional metalwork industry, textile mills, and food processing units in the Focal Point and GT Road industrial areas generate consistent scrap volumes. The city also serves as an aggregation hub for scrap from Gurdaspur, Tarn Taran, and Pathankot.
Steel and iron scrap from construction and old industrial machinery dominate Amritsar's market. Brass and copper from the city's traditional metalwork — including utensil making and religious artifact production — are local specialties. Paper scrap from the printing and packaging industry and textile waste from the hosiery sector are also traded. Amritsar's prices are generally competitive with Ludhiana for non-ferrous metals but 3-5% lower for ferrous scrap due to fewer local consuming mills.
Key scrap trading areas in Amritsar include Lohgarh Gate, Hall Gate, and the Focal Point industrial area. For brass and copper, approach the traditional metalwork dealers near the Golden Temple area who pay premiums for clean, graded scrap. Most kabadiwala offer pickup from 10 kg. Cash is the primary payment method. Cross-border traders occasionally offer competitive rates for non-ferrous metals — checking with border-area dealers near Attari can sometimes yield 5-8% better prices.
Selling Stainless Steel Scrap in Amritsar, Punjab?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Amritsar's market. Grade 316 (marine grade, with molybdenum) pays even more, while 430 (magnetic, lower nickel) fetches significantly less. Common sources include kitchen utensils, sinks, railings, medical equipment, food processing machinery, and industrial tanks. The nickel and chromium content is what makes stainless steel more valuable than regular steel.
Pro Tip for Stainless Steel Sellers in Amritsar:
Test with a magnet to identify the grade — 304 stainless is mostly non-magnetic (may have slight attraction at bends), while 430 is strongly magnetic and worth 30-40% less. Separate stainless steel from regular steel and aluminum before selling. Utensil-grade stainless (thicker, heavier pieces) gets better rates than thin sheet offcuts.
Stainless Steel Scrap Price Comparison — Amritsar vs Punjab
| Location | Price/kg | vs Amritsar |
|---|---|---|
| Amritsar (This city) | ₹139.28 | — |
| Punjab State Avg (72 cities) | ₹134.60 | +4.68 |
| India Average | ₹132.70 | +6.58 |
| Faisalabad | ₹140.65 | -1.37 |
| Chiniot | ₹140.55 | -1.27 |
| Multan | ₹140.45 | -1.17 |
| Phagwara | ₹139.52 | -0.24 |
| Kot Kapura | ₹139.05 | +0.23 |
Prices compared across 72 cities in Punjab. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Amritsar
Global demand for Stainless Steel significantly influences local prices in Amritsar, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Amritsar.
Understanding Stainless Steel Scrap Rates in Amritsar
The Stainless Steel scrap market in Amritsar, Punjab is shaped by a combination of global commodity trends and local economic factors. International benchmarks like the LME (London Metal Exchange) and domestic platforms like MCX (Multi Commodity Exchange of India) set the baseline for Stainless Steel pricing. However, the actual rate you receive from a dealer in Amritsar also depends on local supply and demand, the proximity of recycling mills and foundries, and seasonal construction activity.
Stainless Steel scrap quality plays a significant role in pricing. Clean, sorted Stainless Steel scrap free of contaminants such as plastic, rubber, or mixed metals typically commands 10-15% higher rates than unsorted or mixed-grade material. If you're selling Stainless Steel scrap in Amritsar, taking the time to separate and clean your material can significantly improve the price you receive. Industrial sellers with consistent bulk volumes often negotiate premium rates with dealers, while household sellers benefit from comparing quotes across multiple verified buyers listed on ScrapRates.in.
Logistics costs also impact the final price — dealers who offer doorstep pickup may factor in transportation expenses, especially for smaller quantities. For the best outcome when selling Stainless Steel scrap in Amritsar, we recommend accumulating at least 15-25 kg before contacting a dealer, checking our daily updated prices for market timing, and always insisting on digital weighing with a printed receipt for your records.
Frequently Asked Questions — Stainless Steel Scrap in Amritsar
What is today's stainless steel scrap rate in Amritsar?
Today's stainless steel scrap rate in Amritsar, Punjab is ₹139.28 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹91-97/kg.
How to identify stainless steel grade for scrap?
Use a magnet: Grade 304 (most valuable) is mostly non-magnetic, Grade 430 is magnetic and worth less. For precise grading, dealers use XRF analyzers. As a rule of thumb: kitchen utensils and food equipment are usually 304, while decorative trim and automotive parts may be 430.
Why is stainless steel scrap more expensive than regular steel?
Stainless steel contains 8-12% nickel and 16-18% chromium — both expensive metals. A kg of stainless steel scrap in Amritsar at ₹139.28 is worth roughly 5.0x more than regular iron scrap because of these alloying elements.
Disclaimer: All Stainless Steel scrap prices displayed on this page are indicative market rates for informational purposes only. Actual prices may vary based on material quality, quantity, and individual dealer policies. ScrapRates.in does not guarantee any specific price from any dealer. Always contact dealers directly and compare quotes before selling.