Today's Stainless Steel Scrap Rate in Faridabad, Haryana
Live Price per kg
₹129.23
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 Faridabad, Haryana
R K Scrap Traders
Plot No. 220, Milk Plant Road, Arya Nagar, Ballabgarh, Near Sector 2, Faridabad, NCR, Khilloo Saini Colony, Ballabhgarh, Region, Faridabad, Haryana 121004, India
Mahakal Enterprises | Metal Scrap Dealer in Faridabad & Gurgaon
1B, 211, Neelam Bata Rd, Block B, New Industrial Twp 1, New Industrial Township, Faridabad, Haryana 121001, India
Wholesale Scrap Buyers
House No 535, Saraswati Colony Rd, Saraswati Colony, Sehatpur, Faridabad, Haryana 121013, India
Scrap dealer
27 Feet Rd, Block B, Dabua Colony, Sector 51, Faridabad, Haryana 121001, India
Scrap Traders
22 Feet Rd, Block B, Housing Board Colony, Sector 23, Faridabad, Haryana 121005, India
Tanishq Metal
Khewat No 372/404,khatoni No. 441, Bhatola, Greater, Sector 83, Faridabad, Haryana 121007, India
Shiv Traders
New Industrial Town, near, Dabua Pali Rd, opp. Rajesh dharam kanta, Faridabad, Pali, Haryana 121004, India
New Kabadiwala
Road, Omaxe Heights Rd, Budena Village, Sector 86, Tigaon, Faridabad, Haryana 121007, India
Stainless Steel Scrap Market in Faridabad
The stainless steel scrap market in Faridabad is intrinsically linked to the city's dense industrial belt and proximity to Delhi's manufacturing ecosystem. Supply primarily originates from the dismantling of old industrial machinery, discarded components from auto ancillary units, and renovation debris from commercial properties in areas like Sector 15. Demand remains steady from local fabrication units and repair workshops that utilize stainless steel for everything from plumbing fixtures to specialized industrial fittings. Collection points within the larger industrial estates see consistent material flow, particularly grades used in food processing or chemical handling, which fetch higher rates. While larger metal recycling yards process bulk tonnage, smaller dealers along the main industrial thoroughfares facilitate the trade of smaller, usable pieces, making the market highly localized and responsive to immediate construction cycles.
About the scrap market in Faridabad
Faridabad, Haryana's largest city and a major NCR industrial hub, has a massive scrap market driven by its engineering, auto parts, and steel fabrication industries. The city's industrial estates in Sector 24, 25, and the NIT areas house thousands of small and medium manufacturing units. Faridabad is also home to major companies like Escorts, JCB, and Whirlpool, whose operations generate substantial industrial scrap.
Steel stampings and fabrication scrap from the auto parts and engineering sector dominate Faridabad's market. Copper from electrical equipment manufacturing, aluminum from die-casting units, and plastic scrap from consumer goods factories are also actively traded. Faridabad's scrap prices are competitive with Delhi — typically matching or within 1-2% — and the city is often preferred by sellers for faster processing and less congestion than Delhi markets.
Key scrap trading areas in Faridabad include the Old Faridabad industrial area, Sector 24-25, and dealers along the Mathura Road. For engineering and auto-grade scrap, dealers in the NIT industrial belt offer the best rates. Most dealers provide same-day pickup for 20 kg and above. Cash is the primary mode of payment. Faridabad's advantage for sellers is proximity to both Delhi and Gurgaon markets — compare rates across all three for the best deal.
Selling Stainless Steel Scrap in Faridabad, Haryana?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Faridabad'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 Faridabad:
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 — Faridabad vs Haryana
| Location | Price/kg | vs Faridabad |
|---|---|---|
| Faridabad (This city) | ₹129.23 | — |
| Haryana State Avg (39 cities) | ₹134.48 | -5.25 |
| India Average | ₹132.70 | -3.47 |
| Thanesar | ₹140.65 | -11.42 |
| Jind | ₹139.88 | -10.65 |
| Taraori | ₹138.55 | -9.32 |
| Palwal | ₹138.19 | -8.96 |
| Rewari | ₹137.70 | -8.47 |
Prices compared across 39 cities in Haryana. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Faridabad
Global demand for Stainless Steel significantly influences local prices in Faridabad, Haryana.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Faridabad.
Understanding Stainless Steel Scrap Rates in Faridabad
The Stainless Steel scrap market in Faridabad, Haryana 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 Faridabad 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 Faridabad, 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 Faridabad, 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 Faridabad
What is today's stainless steel scrap rate in Faridabad?
Today's stainless steel scrap rate in Faridabad, Haryana is ₹129.23 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹84-90/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 Faridabad at ₹129.23 is worth roughly 4.6x 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.