Today's Stainless Steel Scrap Rate in Khanna, Punjab
Live Price per kg
₹135.23
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 Khanna, Punjab
Blue Scope Alloys
Ajanta Feed Road, Khanna, Punjab 141401, India
Kundan scrap store
Billan Wali Chapri Rd, Billanwali Chhapary, Pratap Colony, Khanna, Punjab 141401, India
Sai Plastics
Old, Radha Swami Bhawan, Khanna, Punjab 141401, India
Stainless Steel Scrap Market in Khanna
The market for stainless steel in Khanna, Punjab, is primarily driven by local fabrication and repair activities rather than large-scale industrial dismantling. Supply sources are typically derived from dismantled domestic fixtures, small plumbing installations, and workshops servicing local commercial establishments. Given the region's focus, the scrap material often originates from minor renovations or the replacement of kitchen and bathroom fittings. Demand remains steady, correlating directly with ongoing small-scale construction and the local artisanal metalworking trade found near the main market areas. While large-scale steel trading hubs are located elsewhere, Khanna's stainless steel exchange operates on a localized network, making the condition and type of scrap—such as 304 grade—a key determinant of its current value in the local buying cycle.
About the scrap market in Khanna
Khanna in Punjab is one of Asia's largest grain markets, with massive wheat and rice trading generating packaging and transportation equipment scrap. The city's grain mandi infrastructure — godowns, weighbridges, and transport vehicles — creates consistent scrap.
Iron from grain market infrastructure, transport vehicle scrap, and packaging material waste are primary materials. Prices are 5-7% below Ludhiana.
Trading around the grain mandi area. Most dealers pick up from 10 kg. Cash is standard.
Selling Stainless Steel Scrap in Khanna, 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 Khanna'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 Khanna:
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 — Khanna vs Punjab
| Location | Price/kg | vs Khanna |
|---|---|---|
| Khanna (This city) | ₹135.23 | — |
| Punjab State Avg (72 cities) | ₹134.60 | +0.63 |
| India Average | ₹132.70 | +2.53 |
| Faisalabad | ₹140.65 | -5.42 |
| Chiniot | ₹140.55 | -5.32 |
| Multan | ₹140.45 | -5.22 |
| Phagwara | ₹139.52 | -4.29 |
| Amritsar | ₹139.28 | -4.05 |
Prices compared across 72 cities in Punjab. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Khanna
Global demand for Stainless Steel significantly influences local prices in Khanna, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Khanna.
Understanding Stainless Steel Scrap Rates in Khanna
The Stainless Steel scrap market in Khanna, 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 Khanna 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 Khanna, 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 Khanna, 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 Khanna
What is today's stainless steel scrap rate in Khanna?
Today's stainless steel scrap rate in Khanna, Punjab is ₹135.23 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹88-95/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 Khanna at ₹135.23 is worth roughly 4.8x 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.