Today's Stainless Steel Scrap Rate in Manvi, Karnataka
Live Price per kg
₹131.47
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 Manvi, Karnataka
Basha scrap merchant
2326+5V3, Manvi, Karnataka 584123, India
Khaleel scrap merchant.
Ib, Canal Rd, manvi, Manvi, Karnataka 584123, India
Vishal electronics
Basava complex, sindhnoor road, Manvi, Karnataka 584123, India
Stainless Steel Scrap Market in Manvi
The stainless steel scrap market in Manvi, Karnataka, operates on a relatively localized scale, primarily sourcing material from small-scale fabrication units and maintenance workshops servicing the coastal community. Supply streams are typically derived from discarded components of household fixtures, minor industrial repairs, and potentially discarded equipment associated with local maritime activities. While large-scale industrial demolition is infrequent, the presence of local plumbing and hardware repair shops provides a steady, albeit modest, input of stainless steel grades. Demand remains centered on local artisans who require material for minor fabrication jobs or repairs within the immediate town limits. Due to Manvi's geography, most significant bulk transactions necessitate the collection and subsequent transport of the scrap to larger metal markets in neighboring districts for better processing and pricing against the prevailing ₹ rate.
About the scrap market in Manvi
Manvi, a taluk centre in Karnataka's Raichur district, lies in the Tungabhadra irrigation command area where paddy cultivation and cotton growing sustain a prosperous agricultural economy. The town also hosts a thermal power station nearby, contributing industrial scrap to the local market.
Power plant maintenance scrap—boiler tubes, turbine blades, and high-tensile bolts—represents the premium segment, with specialised alloys fetching ₹35-₹50 per kg. Regular agricultural and domestic scrap, including iron plough parts, pump bodies, and aluminium cookware, trades at more standard rates of ₹24-₹27 per kg and ₹150-₹170 per kg respectively.
Farmers should time scrap sales to the post-kharif period when cash flow from crop sales is strong and dealers are actively stocking up for the construction season. The Raichur district scrap market, accessible within an hour's drive, provides better pricing and is recommended for consignments exceeding 500 kg.
Selling Stainless Steel Scrap in Manvi, Karnataka?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Manvi'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 Manvi:
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 — Manvi vs Karnataka
| Location | Price/kg | vs Manvi |
|---|---|---|
| Manvi (This city) | ₹131.47 | — |
| Karnataka State Avg (88 cities) | ₹135.94 | -4.47 |
| India Average | ₹132.70 | -1.23 |
| Bangalore | ₹144.51 | -13.04 |
| Bidar | ₹142.16 | -10.69 |
| Yadgir | ₹142.07 | -10.60 |
| Shiggaon | ₹141.82 | -10.35 |
| Sindhagi | ₹141.45 | -9.98 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Manvi
Global demand for Stainless Steel significantly influences local prices in Manvi, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Manvi.
Understanding Stainless Steel Scrap Rates in Manvi
The Stainless Steel scrap market in Manvi, Karnataka 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 Manvi 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 Manvi, 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 Manvi, 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 Manvi
What is today's stainless steel scrap rate in Manvi?
Today's stainless steel scrap rate in Manvi, Karnataka is ₹131.47 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 Manvi at ₹131.47 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.