Today's Stainless Steel Scrap Rate in Coimbatore, Tamil Nadu
Live Price per kg
₹138.21
Last updated: 21 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 Coimbatore, Tamil Nadu
V.K.STEELS
287, Peelamedu Industrial Estate, Peelamedu, Gauthama Puri Nagar, Coimbatore, Tamil Nadu 641004, India
Best scraps
86/1 Periyar Nagar, Podanur road, Thiruvathirai Nagar, Vellalore, Coimbatore, Tamil Nadu 641111, India
GS Metals
36, Velavan Nagar, Alamelu Manga Puram, Ganapathy, Coimbatore, Tamil Nadu 641006, India
Krish old scrap merchant
80, Dr Nanjappa Rd, Avanashi Road Main Flyover, Kattoor, Anupperpalayam, Ram Nagar, Coimbatore, Tamil Nadu 641018, India
karunastore scrap metal business
P and T Colony, Edayarpalayam, Coimbatore, Tamil Nadu 641025, India
Saravana Papers and Scraps
495, 4, Kannapiran Mills Rd, Chinna Ayyavu Thevar Layout, Sowri Palayam, Coimbatore, Tamil Nadu 641028, India
Jayanthi Waste Papers And Old Scrap
Shop No. 539, 554, Marudhamalai Rd, Gokulam Colony, P N Pudur, Coimbatore, Tamil Nadu 641041, India
PVS Metals and Alloys
SF 428/2, VK Village Site 115, 10th Cross, Peelamedu, Maheshwari Nagar, Coimbatore, Tamil Nadu 641004, India
SubasreeMetal
Subasree metal 92 Baba Nagar, Koundampalayam to Edayar Palayam Rd, Rd, Giri Nagar, Kavundam Palayam, Coimbatore, Tamil Nadu 641025, India
SRI GAYATRI METAL
68, Lakshmi Thottam Rd, Ramakrishnapuram, Coimbatore, Tamil Nadu 641049, India
Lakshmi Metal Exchanges Pvt Ltd
138A, Rayappar Street, Sanganoor road,, Ganapathy, Devapuram, Ganapathy, Coimbatore, Tamil Nadu 641006, India
Arrow Steel
3X37+G5C, Nallampalayam, Coimbatore, Tamil Nadu 641049, India
Poonkothai Waste Paper Merchants
Shop No 5, Brookfields Road Kamarajapuram, Sukrawar Pettai, R.S. Puram, Coimbatore, Tamil Nadu 641002, India
Stainless Steel Scrap Market in Coimbatore
The market for stainless steel in Coimbatore is heavily influenced by the city's robust engineering and textile machinery sectors. Supply primarily originates from industrial scrap generated by fabrication units and the decommissioning of older plant machinery located in industrial estates. Given Coimbatore’s status as a manufacturing hub, stainless steel scrap—particularly grades used in food processing and chemical handling—remains a consistent source. Demand is sustained by local workshops that service the auto ancillary units and specialized fabrication shops requiring durable, corrosion-resistant materials. Collection points often concentrate near major industrial zones, where scrap dealers process material sourced from both industrial byproducts and construction demolition waste. The consistent requirement for high-grade stainless steel keeps the local trade dynamic, with pricing fluctuating based on the purity and grade received at the scrap yards.
About the scrap market in Coimbatore
Coimbatore, Tamil Nadu's industrial capital, drives a diverse scrap market powered by its engineering, textile, and motor pump manufacturing industries. The city has over 30,000 small and medium industries, with clusters in Singanallur, Ganapathy, and the SIDCO industrial estates generating substantial metal, plastic, and e-waste scrap. Coimbatore also acts as a collection hub for scrap from surrounding districts like Tiruppur, Erode, and The Nilgiris.
Copper and aluminum scrap are Coimbatore's specialties, driven by the city's motor and pump manufacturing industry, which is the largest in India. Brass scrap from valve and fitting manufacturers, and steel from textile machinery, are also heavily traded. The nearby Tiruppur knitwear industry adds significant volumes of plastic and cardboard scrap. Coimbatore's non-ferrous scrap prices often match or exceed Chennai, as local foundries compete for limited supply.
Major scrap markets in Coimbatore are around Ukkadam, Ganapathy, and the Kurichi industrial area. For copper and motor scrap, approach dealers near the Singanallur pump manufacturing belt for the best rates. Most dealers offer pickup above 20 kg. Coimbatore dealers are generally well-versed in grading metals — sorting your copper by grade (bright copper vs. mixed) can yield 15-20% higher rates. Cash and UPI are both accepted.
Selling Stainless Steel Scrap in Coimbatore, Tamil Nadu?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Coimbatore'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 Coimbatore:
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 — Coimbatore vs Tamil Nadu
| Location | Price/kg | vs Coimbatore |
|---|---|---|
| Coimbatore (This city) | ₹138.21 | — |
| Tamil Nadu State Avg (121 cities) | ₹136.65 | +1.56 |
| India Average | ₹133.44 | +4.77 |
| Chennai | ₹144.61 | -6.40 |
| Panagudi | ₹142.31 | -4.10 |
| Nagapattinam | ₹142.23 | -4.02 |
| Erode | ₹142.13 | -3.92 |
| Tirukkoyilur | ₹141.77 | -3.56 |
Prices compared across 121 cities in Tamil Nadu. Updated 21 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Coimbatore
Global demand for Stainless Steel significantly influences local prices in Coimbatore, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Coimbatore.
Understanding Stainless Steel Scrap Rates in Coimbatore
The Stainless Steel scrap market in Coimbatore, Tamil Nadu 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 Coimbatore 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 Coimbatore, 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 Coimbatore, 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 Coimbatore
What is today's stainless steel scrap rate in Coimbatore?
Today's stainless steel scrap rate in Coimbatore, Tamil Nadu is ₹138.21 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹90-97/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 Coimbatore at ₹138.21 is worth roughly 4.9x 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.