Today's Stainless Steel Scrap Rate in Lanka, Assam
Live Price per kg
₹131.71
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 Lanka, Assam
Abdul Rahman Cardboard Metal Dealer
537/b 1, Zone 11670, Sri Lanka
Scarp metal recycling centre
VVXV+84C, Sri Jayawardenepura Kotte 11222, Sri Lanka
SCPC Metal (PVT) Ltd
129/7, Manikkam Pitiya, Polonnaruwa 51000, Sri Lanka
m r k metal
WVVM+JQ6, Avissawella Rd, Colombo, Sri Lanka
Lanka Metal
101/1 Avissawella Rd, Angoda 10620, Sri Lanka
USED & SCRAP Collector
18/1 St Joseph's St, Negombo 11500, Sri Lanka
Kalyani Metal Stores (Industrial Scrap Metal Buyers, Suppliers And Recyclers)
No 51, Mugatoyapola, Sri Lanka
Munasinghe metal
No:11, Boraluwala Road, Kadahapola, Kurunegala-Narammala-Madampe Rd, Narammala, Sri Lanka
Vimal Enterprises
159-2/4 Maha Vidyalaya Mawatha, Colombo 01300, Sri Lanka
Lukman & Sons
537/b/1,biyagama zone malwana Malwana, 11670, Sri Lanka
Stainless Steel Scrap Market in Lanka
The stainless steel scrap market in Lanka, Assam, is primarily driven by localized construction and maintenance activities rather than large-scale industrial outflows. Supply sources are typically generated from dismantled household fixtures, small plumbing repairs, and minor renovations within the immediate residential and commercial pockets of the area. Due to its smaller scale, the volume of scrap stainless steel, often sourced from items like sinks, railings, and medical equipment, requires aggregation before it can be effectively traded. Collection networks usually consolidate this material and transport it to larger metal buying hubs, such as those found in nearby regional markets or Guwahati, where larger buyers operate. Demand remains steady, catering to local fabrication units that utilize the material for minor repairs or crafting new fixtures, making the material's value highly dependent on its grade and cleanliness upon collection.
About the scrap market in Lanka
Lanka, a riverine town in Assam's Nagaon district, operates within an economy anchored by agriculture, tea gardens, and small trading enterprises. Scrap generation here is modest, driven primarily by aging vehicles, household metalware, and infrastructure maintenance along flood-prone embankments.
The local market sees regular movement of iron and tin scrap at ₹20–26 per kg, with aluminium from cooking vessels and roofing sheets fetching ₹100–140 per kg. Rubber scrap from vehicle tyres is another traded commodity, though volumes remain seasonal and dependent on monsoon-related transport disruptions.
Because Lanka's buyer base is limited, aggregating scrap over several weeks before selling tends to improve bargaining leverage. Sellers with access to transport should consider routing larger lots to Nagaon town, where a wider dealer network supports more competitive pricing.
Selling Stainless Steel Scrap in Lanka, Assam?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Lanka'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 Lanka:
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 — Lanka vs Assam
| Location | Price/kg | vs Lanka |
|---|---|---|
| Lanka (This city) | ₹131.71 | — |
| Assam State Avg (26 cities) | ₹129.72 | +1.99 |
| India Average | ₹132.70 | -0.99 |
| Dispur | ₹134.62 | -2.91 |
| Mangaldoi | ₹132.55 | -0.84 |
| Sibsagar | ₹132.50 | -0.79 |
| Dibrugarh | ₹132.14 | -0.43 |
| Silapathar | ₹131.53 | +0.18 |
Prices compared across 26 cities in Assam. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Lanka
Global demand for Stainless Steel significantly influences local prices in Lanka, Assam.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Lanka.
Understanding Stainless Steel Scrap Rates in Lanka
The Stainless Steel scrap market in Lanka, Assam 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 Lanka 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 Lanka, 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 Lanka, 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 Lanka
What is today's stainless steel scrap rate in Lanka?
Today's stainless steel scrap rate in Lanka, Assam is ₹131.71 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹86-92/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 Lanka at ₹131.71 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.