Today's Stainless Steel Scrap Rate in Cuttack, Odisha
Live Price per kg
₹125.51
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 Cuttack, Odisha
Soyel scrap stor
Samanta Sahi, Badambadi Colony, Cuttack, Odisha 753001, India
Scrap shop
FV8G+FW6, Siba Bazar, Cuttack, Odisha 753001, India
Sk rajesh kabadi store
bajrakabadi road, Samanta Sahi, Bajrakabati, Cuttack, Odisha 753001, India
King kala kabadi
Bramha Kumari ashram At.Bepari sahi,Po.Buxibazar,cuttack Pin .753001, PS, Dargah Bazaar, Cuttack, Odisha 753001, India
Kabadia Dokan
FWC2+V2J, Municipal Colony, Cuttack, Odisha 753003, India
SHAH ENTERPRISES
Meria Bazar Rd, Dargah Bazaar, Cuttack, Odisha 753001, India
Stainless Steel Scrap Market in Cuttack
The market for stainless steel in Cuttack is primarily driven by local industrial maintenance and commercial refurbishment activities. Supply often originates from the dismantling of older commercial fittings, plumbing fixtures, and light industrial machinery found within the city's established market areas. Given Cuttack's proximity to the Mahanadi River and its historical trade routes, there is consistent demand for corrosion-resistant grades of stainless steel for both structural repairs and specialized fabrication work. Collection points tend to concentrate near the major industrial pockets, where scrap dealers process material from local workshops that service the city's varied infrastructure. Demand remains steady from local metal fabricators who utilize the material for durability in plumbing and architectural detailing, making the quality and grade segregation of the scrap material a key factor for buyers.
About the scrap market in Cuttack
Cuttack, Odisha's former capital and a major commercial city, has a scrap market driven by its silver filigree industry, judicial institutions, and traditional manufacturing. The city's famous silver and gold filigree work creates demand for precious metal scrap, while its dense commercial area generates standard metal recyclables. Cuttack also houses several rice mills and light engineering units.
Silver and gold filigree scrap are Cuttack's unique specialties. Iron from construction, copper from electrical work, and aluminum from household goods are standard traded materials. Cuttack's prices mirror Bhubaneswar (25 km away), with precious metal scrap priced at national parity.
Scrap trading centers around Buxi Bazar, Chandi Bazaar (for precious metals), and Bidanasi area. Most dealers pick up from 10 kg. Cash is standard.
Selling Stainless Steel Scrap in Cuttack, 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 Cuttack'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 Cuttack:
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 — Cuttack vs Odisha
| Location | Price/kg | vs Cuttack |
|---|---|---|
| Cuttack (This city) | ₹125.51 | — |
| Odisha State Avg (36 cities) | ₹130.63 | -5.12 |
| India Average | ₹132.70 | -7.19 |
| Rajagangapur | ₹137.05 | -11.54 |
| Rairangpur | ₹135.80 | -10.29 |
| Barbil | ₹135.61 | -10.10 |
| Paradip | ₹134.74 | -9.23 |
| Puri | ₹134.38 | -8.87 |
Prices compared across 36 cities in Odisha. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Cuttack
Global demand for Stainless Steel significantly influences local prices in Cuttack, Odisha.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Cuttack.
Understanding Stainless Steel Scrap Rates in Cuttack
The Stainless Steel scrap market in Cuttack, 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 Cuttack 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 Cuttack, 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 Cuttack, 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 Cuttack
What is today's stainless steel scrap rate in Cuttack?
Today's stainless steel scrap rate in Cuttack, Odisha is ₹125.51 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹82-88/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 Cuttack at ₹125.51 is worth roughly 4.5x 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.