Today's Stainless Steel Scrap Rate in Ludhiana, Punjab
Live Price per kg
₹136.77
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 Ludhiana, Punjab
𝗔𝘁𝗵𝗮𝗿𝘃𝗮 𝗦𝘁𝗲𝗲𝗹 𝗧𝗿𝗮𝗱𝗲𝗿𝘀 - Best Scrap Dealer/Best Scrap Buyers/Best Metal Scrap Dealers in Ludhiana
Tajpur Chowk, backside Patrol Pump, Guru Arjan Dev Nagar, Ludhiana, Punjab 141008, India
Ali Scrap Dealer
OOP-Sandhu Petrol Pump, Plot no 13247, Street No. 2, Dholewal Chowk, Ludhiana, Punjab 141003, India
J.V Traders - Best Scrap Dealer
Shiv Mandir Colony, Street Number 3, Makar Colony, Lohara, Ludhiana, Punjab 141003, India
Suryavnashi Trading Company-Best Scrap Dealer/Best Scrap Buyers/Best Metal Scrap Dealers in Ludhiana
Street No. 1, Industrial Area C, Dhandari Kalan, Ludhiana, Punjab 141003, India
G.R.INTERNATIONAL (SCRAP PROCESSING EQUIPMENTS)
Cabin no 313, 3rd floor, Global Business Park, near New passport office, Sarop Nagar, Ludhiana, Punjab 141008, India
Jashan trading company
Plot No 20.21 Baba Nand Singh Nagar Ayali Kalan, Road, Preet Nagar, Ludhiana, Punjab 142027, India
Shukla Enterprises
14012, street no.2, Tibba Rd, Ram Nagar, Gulab Bagh, Subhash Nagar, Ludhiana, Punjab 141007, India
Green Bird Recycling
1st floor, Balaji complex, RK Rd, Cheema Chowk, Transport Nagar, Industrial Area- A, Ludhiana, Punjab 141003, India
Stainless Steel Scrap Market in Ludhiana
In Ludhiana, the market for stainless steel scrap is heavily influenced by the city's dense concentration of engineering and machinery manufacturing units. Supply primarily originates from the dismantling of outdated industrial equipment, processing machinery, and components used in the local auto ancillary and pump industries. Demand remains robust, driven by continuous repair cycles and the fabrication of new, corrosion-resistant parts for the region's active manufacturing base. Scrap is typically sourced from industrial estates surrounding the main commercial zones, where specialized metal dealers operate. The grade and purity of the stainless steel—be it SS 304 or SS 316—are key determinants of its realised price in the local market. Therefore, the steady turnover of industrial machinery ensures a consistent, albeit fluctuating, supply stream for refabrication.
About the scrap market in Ludhiana
Ludhiana, Punjab's industrial capital and India's bicycle and hosiery hub, has one of North India's most active scrap markets. The city manufactures over 50% of India's bicycles and a significant share of auto parts, sewing machines, and hand tools. The sprawling industrial areas in Focal Point, Gill Road, and Jalandhar Bypass generate enormous volumes of steel, iron, and non-ferrous metal scrap daily.
Mild steel scrap from bicycle and auto parts manufacturing is Ludhiana's flagship commodity, feeding hundreds of small and medium re-rolling mills and induction furnaces within the city. Copper and brass scrap from the electrical fittings and plumbing industry, and aluminum from the growing die-casting sector are also heavily traded. Ludhiana's ferrous scrap prices are among the highest in North India, often 3-5% above Delhi due to intense local mill demand.
The main scrap markets in Ludhiana are at Focal Point (the industrial heart), Miller Ganj, and dealers along the GT Road. For bicycle-grade and auto-parts steel scrap, approach re-rolling mill agents in Focal Point directly for the best rates. Most dealers offer pickup from 25 kg. Cash payment is standard, with same-day settlement for most transactions. Ludhiana's market is fast-paced — rates can change multiple times daily based on mill demand.
Selling Stainless Steel Scrap in Ludhiana, 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 Ludhiana'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 Ludhiana:
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 — Ludhiana vs Punjab
| Location | Price/kg | vs Ludhiana |
|---|---|---|
| Ludhiana (This city) | ₹136.77 | — |
| Punjab State Avg (72 cities) | ₹134.60 | +2.17 |
| India Average | ₹132.70 | +4.07 |
| Faisalabad | ₹140.65 | -3.88 |
| Chiniot | ₹140.55 | -3.78 |
| Multan | ₹140.45 | -3.68 |
| Phagwara | ₹139.52 | -2.75 |
| Amritsar | ₹139.28 | -2.51 |
Prices compared across 72 cities in Punjab. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Ludhiana
Global demand for Stainless Steel significantly influences local prices in Ludhiana, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Ludhiana.
Understanding Stainless Steel Scrap Rates in Ludhiana
The Stainless Steel scrap market in Ludhiana, 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 Ludhiana 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 Ludhiana, 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 Ludhiana, 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 Ludhiana
What is today's stainless steel scrap rate in Ludhiana?
Today's stainless steel scrap rate in Ludhiana, Punjab is ₹136.77 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹89-96/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 Ludhiana at ₹136.77 is worth roughly 4.9x 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.