Today's Stainless Steel Scrap Rate in Latur, Maharashtra
Live Price per kg
₹133.06
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 Latur, Maharashtra
GSM Scrap merchant
CG5X+PP9, Deep Jyoti Nagar, Latur, Maharashtra 413531, India
Sana Scrap Merchant
Juna katpur road, ke samne, Galli No. 1, Raje Shivaji Nagar, Gauspura, Moti Nagar, Latur, Maharashtra 413512, India
Tirupati Scrap Merchant & Sri Sai Scrap Merchant & Shubham Traders, Latur
Fruit Market, Ganj Golai, Latur, Maharashtra 413512, India
Tajammul Ustad Scrap Market
Raje Shivaji Nagar, Moti Nagar, Latur, Maharashtra 413512, India
LATUR SCRAP MERCHANT
SHOP NO 07,NEAR SAI NAKA,ARVI ROAD,LATUR NEAR SAI NAKA,ARVI, ROAD, Latur, Maharashtra 413531, India
A.K Scrap (Best Spare Parts Available)
Basaveshwar chowk, Patel Nagar, Latur, Maharashtra 413512, India
Khan Traders
Survey no. 89, Sarola Rd, Maharanapratapnagar, Latur, Maharashtra 413512, India
S H Scraip Dealer
Anand Nagar, Latur, Maharashtra 413512, India
A1 Traders
Malwati Road Dr, APJ Abdul Kalam Chowk, Latur, Hanamantwadi, Maharashtra 413512, India
Stainless Steel Scrap Market in Latur
The market for stainless steel scrap in Latur, Maharashtra, is primarily sustained by localized fabrication and repair activities rather than large-scale industrial outflows. Supply streams often originate from small-scale workshops dealing with domestic plumbing fixtures, local hospital maintenance, and minor agricultural machinery repairs where stainless components are used. Collection points tend to aggregate material from central market areas and neighborhood workshops, which form the immediate source base. Demand is driven by regional metalworkers who utilize the scrap for fabricating household goods, water tanks, and minor industrial fittings. Given Latur's geographical position, the processed scrap is frequently transported onward to larger metal hubs in nearby districts to meet higher-volume industrial demand, influencing the local pricing structure.
About the scrap market in Latur
Latur, in Maharashtra's Marathwada, has a scrap market driven by its massive dal processing industry, sugar mills, and construction. The city is one of India's largest dal trading hubs with significant processing machinery generating scrap.
Iron from dal mill and sugar equipment, copper from motors, and stainless steel from food processing are primary materials. Prices are 8-10% below Pune.
Key areas include Ausa Road industrial zone and main market. Most dealers pick up from 15 kg. Cash is standard.
Selling Stainless Steel Scrap in Latur, Maharashtra?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Latur'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 Latur:
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 — Latur vs Maharashtra
| Location | Price/kg | vs Latur |
|---|---|---|
| Latur (This city) | ₹133.06 | — |
| Maharashtra State Avg (127 cities) | ₹137.12 | -4.06 |
| India Average | ₹132.70 | +0.36 |
| Pune | ₹143.54 | -10.48 |
| Nandurbar | ₹143.52 | -10.46 |
| Talode | ₹142.77 | -9.71 |
| Mukhed | ₹142.65 | -9.59 |
| Murtijapur | ₹142.42 | -9.36 |
Prices compared across 127 cities in Maharashtra. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Latur
Global demand for Stainless Steel significantly influences local prices in Latur, Maharashtra.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Latur.
Understanding Stainless Steel Scrap Rates in Latur
The Stainless Steel scrap market in Latur, Maharashtra 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 Latur 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 Latur, 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 Latur, 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 Latur
What is today's stainless steel scrap rate in Latur?
Today's stainless steel scrap rate in Latur, Maharashtra is ₹133.06 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹86-93/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 Latur at ₹133.06 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.