Today's Stainless Steel Scrap Rate in Bhubaneswar, Odisha
Live Price per kg
₹131.83
Last updated: 10 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.
Stainless Steel Scrap Market in Bhubaneswar
Today's stainless steel scrap rate in Bhubaneswar is ₹131.83/kg as of 10 May 2026. 10+ verified scrap buyers in Bhubaneswar, Odisha are accepting stainless steel scrap right now. Prices vary based on grade, quantity, and pickup location — request a direct quote from any of the dealers below using the *Get Quote* button to lock in today's rate before market fluctuations.
Selling Stainless Steel Scrap in Bhubaneswar, Odisha?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Bhubaneswar'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 Bhubaneswar:
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 — Bhubaneswar vs Odisha
| Location | Price/kg | vs Bhubaneswar |
|---|---|---|
| Bhubaneswar (This city) | ₹131.83 | — |
Prices compared across 0 cities in Odisha. Updated 10 May 2026.
Verified Stainless Steel Scrap Buyers in Bhubaneswar, Odisha
Ayan Scrap dealer
unit 3, Masjid colony, Railway Yard and Washing Line, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
SYNDICATE SCRAP METAL DEALER ALL ODISHA
near HHI Hotel, in front of icici bank, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
SN COMPUTER SCRAP DEALERS
Unit 3, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Bh computer scraps dealers
Unit 3, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
ALL SCRAP COLLECTOR
unit-3, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Sara scrap traders
plot 807, Shikharchandi Rd, Sikharchandi Vihar, Patia, Bhubaneswar, Odisha 751024, India
Urban Kabadiwala
Infront of Sankalp Media and Convention, Plot no- 7/1799, Infocity Ave, adjacent Sai Mandir Lane, beside Infosys Sai Baba Temple, Sailashree Vihar, Chandrasekharpur, Bhubaneswar, Odisha 751021, India
All
Satya nagar road, Blind assosiation, big bazar Press colony road, near Forum Mart, Industrial Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Anish
u nit-3, near panda nursing home, Shanti Nagar, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Factors Affecting Stainless Steel Scrap Prices in Bhubaneswar
Global demand for Stainless Steel significantly influences local prices in Bhubaneswar, Odisha.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Bhubaneswar.
Understanding Stainless Steel Scrap Rates in Bhubaneswar
The Stainless Steel scrap market in Bhubaneswar, Odisha 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 Bhubaneswar 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 Bhubaneswar, 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 Bhubaneswar, 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 Bhubaneswar
What is today's stainless steel scrap rate in Bhubaneswar?
Today's stainless steel scrap rate in Bhubaneswar, Odisha is ₹131.83 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹86-92/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 Bhubaneswar at ₹131.83 is worth roughly 4.7x 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.