Today's Stainless Steel Scrap Rate in Gobindgarh, Punjab
Live Price per kg
₹131.01
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 Gobindgarh, Punjab
Sonia Steels - ci scrap, cast iron scrap, block machinery, pig iron in mandi gobindgarh, punjab
Plot no 99, sector 19 a, near Club Road, Mandi Gobindgarh, Punjab 147301, India
AARTI ENTERPRISES - iron scrap, transformer
Backside Jai Narain kanda, adjoining Garg plate, Mandi Gobindgarh, Punjab 147301, India
Singla Steel Industries
SCO 11, Nandlal Market, Mandi Gobindgarh, Punjab 147301, India
G. S. Trading Co. - Scrap, iron scrap, ms scrap, ms turning scrap, hms scrap in mandi gobindgarh, india
Motia khan, Nand Lal Market, Mandi Gobindgarh, Punjab 147301, India
PURI TRADING CORP. ! Ci casting, pig iron, ci scrap in mandi gobindgarh
Godown No. 149, Amloh Rd, opposite Shivam Kanda, Mandi Gobindgarh, Jasran, Punjab 147301, India
Vipan Kumar Goyal (Broker for Billet, Ingot & Scrap)
Loha Bazar, Mandi Gobindgarh, Punjab 147301, India
Lucky Steel Impex - iron scrap, material scrap, ci scrap in mandi gobindgarh
Shop no 2, Motia Khan, Plot no 432, near Azad market, Subhash Nagar, Mandi Gobindgarh, Punjab 147301, India
SHRI BALAJI INTERNATIONAL - alloy steel scrap, magnese steel scrap, chrome scrap, nickel scrap in mandi gobindgarh
Backside vd Kanda, Amloh Rd, near shri balaji kanta, Mandi Gobindgarh, Punjab 147301, India
S.H.S Enterprises
Khasra no.- 396, Shop no.-15, Harchand Mill Road Motia khan, Mandi Gobindgarh, Punjab 147301, India
Rai Traders
Nasrali, Mandi Gobindgarh, Punjab 147301, India
Stainless Steel Scrap Market in Gobindgarh
The market for stainless steel scrap in Gobindgarh, Punjab, is intrinsically linked to the area's dense network of metal fabrication units and plumbing supply businesses. Supply primarily originates from the dismantling of old industrial fixtures, architectural fittings, and discarded machinery components within the local industrial clusters. Demand is sustained by the ongoing repair and fabrication needs of the local engineering sector, which requires consistent inputs of grade-specific stainless steel for durable goods. While general construction debris contributes some volume, the higher-grade stainless steel is sourced more directly from workshops that handle commercial or industrial installations. Collection points are concentrated within the main metal-dealing lanes of the town, where scrap aggregators process material before it moves to larger regional melting units. The price realization is highly dependent on the grade purity, such as SS 304 or SS 316, rather than just the weight.
About the scrap market in Gobindgarh
Gobindgarh in Punjab is synonymous with steel — the town hosts over 300 steel rolling mills and induction furnaces that consume massive quantities of ferrous scrap daily. This concentration of steel reprocessing units makes Mandi Gobindgarh one of India's top three secondary steel markets, drawing scrap from across northern India.
HMS (Heavy Melting Scrap), shredded steel, and cast iron dominate the trading here, with prices that effectively set the benchmark for all of Punjab and parts of Haryana. Non-ferrous metals like copper and aluminum also trade actively, though ferrous scrap accounts for over 85% of the market volume. Daily price movements here ripple outward to smaller markets within a 200 km radius.
Sellers bringing scrap to Gobindgarh can deal directly with furnace owners along GT Road and Industrial Area Phase I and II for the best rates. The town has dedicated weighbridges and established trade practices — bulk sellers (1 tonne+) negotiate directly while smaller lots go through aggregators. Payment cycles are typically 24-48 hours for regular suppliers.
Selling Stainless Steel Scrap in Gobindgarh, 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 Gobindgarh'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 Gobindgarh:
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 — Gobindgarh vs Punjab
| Location | Price/kg | vs Gobindgarh |
|---|---|---|
| Gobindgarh (This city) | ₹131.01 | — |
| Punjab State Avg (72 cities) | ₹134.60 | -3.59 |
| India Average | ₹132.70 | -1.69 |
| Faisalabad | ₹140.65 | -9.64 |
| Chiniot | ₹140.55 | -9.54 |
| Multan | ₹140.45 | -9.44 |
| Phagwara | ₹139.52 | -8.51 |
| Amritsar | ₹139.28 | -8.27 |
Prices compared across 72 cities in Punjab. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Gobindgarh
Global demand for Stainless Steel significantly influences local prices in Gobindgarh, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Gobindgarh.
Understanding Stainless Steel Scrap Rates in Gobindgarh
The Stainless Steel scrap market in Gobindgarh, 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 Gobindgarh 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 Gobindgarh, 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 Gobindgarh, 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 Gobindgarh
What is today's stainless steel scrap rate in Gobindgarh?
Today's stainless steel scrap rate in Gobindgarh, Punjab is ₹131.01 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹85-92/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 Gobindgarh at ₹131.01 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.