Today's Stainless Steel Scrap Rate in Mysore, Karnataka
Live Price per kg
₹131.87
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 Mysore, Karnataka
Scrap (Gujri )BAZAAR
near, Sri Geetha Mandira Rd, Lashkar Mohalla, Mandi Mohalla, Mysuru, Karnataka 570001, India
Shariff's Steel Traders
3209/80, Chikka veeranna Rd, Bannimantap, Mysuru, Karnataka 570015, India
The Paper Scrap Mysore
No 13/A, Azeez Sait Main Rd, Shantinagara North, Udayagiri, Mysuru, Karnataka 570019, India
A Shams Warsi Scrap Traders
# 192/1 Geeta Mandir Road Opp Mini Gate New Gujri Bazaar, Lashkar Mohalla, Mandi Mohalla, Mysuru, Karnataka 570001, India
Mysore Scrap Traders
3146, Convent Road, L. Mohalla, Mysuru, Karnataka 570001, India
GS Traders
Bannimantap Rd, beside Shine residency, Industrial Estate, Bannimantap A Layout, A Layout, Mysuru, Karnataka 570015, India
Shri Nanjundeshwara Traders
4th west cross, Ashoka Rd, Lashkar Mohalla, kumbargeri, Mysuru, Karnataka 570001, India
SBA Traders
No: 3208, M-16, 16/1, Chikka veeranna Rd, A Layout, Industrial Area, Bannimantap, Mysuru, Karnataka 570015, India
Classic Enterprises
3146, Convent Road, Convent Road Lashkar Mohalla near St. Philomina's Church, Earangere, Mandi Mohalla, Mysuru, Karnataka 570001, India
Stainless Steel Scrap Market in Mysore
The market for stainless steel in Mysore, Karnataka, is primarily influenced by renovation projects and the localized food processing sector, rather than large-scale industrial outflow. Supply streams are generally sourced from dismantled fixtures, old commercial kitchen equipment, and minor plumbing/medical fittings found within established urban areas. While Mysore lacks major heavy industry hubs, the steady construction and upkeep of educational institutions and commercial establishments contribute consistent, albeit fragmented, scrap volumes. Demand is sustained by local fabrication workshops and smaller plumbing contractors who require material for repair and minor fabrication jobs, keeping the scrap value sensitive to the purity of the grade offered. Collection points often aggregate material from central market areas and smaller industrial estates, where scrap dealers grade the material based on its specific grade and contamination level for resale in larger regional metal markets.
About the scrap market in Mysore
Mysore (Mysuru), Karnataka's heritage city and a growing industrial center, has a well-organized scrap market supported by its diverse manufacturing base. The Hebbal, Hootagalli, and Belagola industrial areas house auto ancillary units, food processing companies, and electronics firms. The city's proximity to Bangalore (150 km) and its status as a clean, organized city make its recycling infrastructure more structured than many similarly-sized cities.
Steel and iron from construction and light manufacturing, copper from the electrical and electronics industry, and aluminum from the auto components sector are Mysore's primary traded materials. Silk waste from the traditional silk industry and e-waste from IT companies add niche categories. Mysore's prices sit 5-8% below Bangalore but are the benchmark for southern Karnataka's scrap market.
Key scrap markets include Bannimantap (the main industrial and market area), Metagalli, and dealers near the Hootagalli industrial zone. For auto and electronics scrap, approach dealers in the Hebbal industrial area. Most dealers pick up from 15 kg. Cash and UPI are both accepted. Mysore's organized waste management system means dealers here generally maintain transparent pricing and proper weighing — a more reliable selling experience than many other cities.
Selling Stainless Steel Scrap in Mysore, 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 Mysore'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 Mysore:
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 — Mysore vs Karnataka
| Location | Price/kg | vs Mysore |
|---|---|---|
| Mysore (This city) | ₹131.87 | — |
| Karnataka State Avg (88 cities) | ₹135.94 | -4.07 |
| India Average | ₹132.70 | -0.83 |
| Bangalore | ₹144.51 | -12.64 |
| Bidar | ₹142.16 | -10.29 |
| Yadgir | ₹142.07 | -10.20 |
| Shiggaon | ₹141.82 | -9.95 |
| Sindhagi | ₹141.45 | -9.58 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Mysore
Global demand for Stainless Steel significantly influences local prices in Mysore, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Mysore.
Understanding Stainless Steel Scrap Rates in Mysore
The Stainless Steel scrap market in Mysore, 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 Mysore 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 Mysore, 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 Mysore, 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 Mysore
What is today's stainless steel scrap rate in Mysore?
Today's stainless steel scrap rate in Mysore, Karnataka is ₹131.87 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 Mysore at ₹131.87 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.