Today's Stainless Steel Scrap Rate in Panipat, Haryana
Live Price per kg
₹133.87
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 Panipat, Haryana
Gulzar Traders Scrap Solution
Shop No 9, shop No.9, Assandh - Panipat Rd, near Employment office, Geeta Colony, Panipat, Haryana 132103, India
Scrap solution
H. No 459 ward no 01, Gher ariyan, Paramhans kutiya, Qila Rd, Amar Bhawan Chowk Area, Panipat, Haryana 132103, India
Gaurav Kabadi Waste And Scrap penchar wala
11, Captain Nagar, Rajiv Colony, Old Housing Board Colony, Panipat, Panipat Taraf Makhdum Zadgan, Haryana 132103, India
Shri Shyam Trading Company
Killa No. 40, 22/2, Dohar, Dahar, Panipat, Haryana 132145, India
Nandwani Trading Co.
Add. 29/A, Devi Mandir Road Desraj Colony, Devi Mandir Area, Vijay Nagar, Panipat, Panipat Taraf Ansar, Haryana 132103, India
Waheguru Enterprises
Jyoti nagar, Virak Nagar, Panipat, Haryana 132105, India
Exigo Recycling Pvt. Ltd.
Barsat Rd, Cheema Enclave, Noorwala, Panipat, Azizullapur, Haryana 132104, India
RecycleDevice - Relcube India Pvt. Ltd.
Radha Swami Ashram, Barsat Rd, Ansals Sushant City, Noorwala, Panipat, Azizullapur, Haryana 132104, India
Stainless Steel Scrap Market in Panipat
In Panipat, the market for stainless steel scrap is primarily driven by the city's robust industrial and textile manufacturing base. Supply sources are concentrated in the smaller fabrication workshops and machinery repair units located near the industrial estates, where stainless steel components from industrial equipment and fittings are routinely discarded. Demand remains steady, stemming from local maintenance activities and small-scale construction projects requiring durable, corrosion-resistant materials for fittings and fixtures. While the larger metal markets in nearby hubs might command higher rates, local transactions for grades like SS 304 and SS 316 occur through established scrap dealers operating within the core commercial areas. The collection process often involves sourcing from dismantled industrial machinery, making the material value highly dependent on the degree of contamination and sorting accuracy at the point of collection.
About the scrap market in Panipat
Panipat, Haryana's city of weavers and a major textile recycling hub, has one of India's most unique scrap markets. The city is the largest shoddy yarn (recycled textile) producer in the world, processing millions of tonnes of textile waste into blankets, carpets, and recycled yarn. Beyond textiles, the Indian Oil Panipat Refinery and the city's handloom industry generate industrial and metal scrap.
Textile waste and recycled fabric are Panipat's dominant recyclable category — the city imports old clothes and fabric waste from across India and even globally. Iron and steel from refinery equipment and construction, copper from the refinery's electrical systems, and aluminum from packaging are also traded. Panipat's textile recycling prices set the national benchmark, while metal scrap prices sit 3-5% below Delhi.
Key scrap areas include the textile recycling belt along GT Road, the refinery corridor, and Babail industrial area. For textile waste, approach the shoddy yarn manufacturers directly on GT Road. For metal scrap, dealers near the IOC refinery offer competitive rates. Most dealers pick up from 15 kg. Cash is standard. Panipat's textile recycling market operates at massive scale — even household quantities of old clothes and fabric find buyers here.
Selling Stainless Steel Scrap in Panipat, Haryana?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Panipat'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 Panipat:
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 — Panipat vs Haryana
| Location | Price/kg | vs Panipat |
|---|---|---|
| Panipat (This city) | ₹133.87 | — |
| Haryana State Avg (39 cities) | ₹134.48 | -0.61 |
| India Average | ₹132.70 | +1.17 |
| Thanesar | ₹140.65 | -6.78 |
| Jind | ₹139.88 | -6.01 |
| Taraori | ₹138.55 | -4.68 |
| Palwal | ₹138.19 | -4.32 |
| Rewari | ₹137.70 | -3.83 |
Prices compared across 39 cities in Haryana. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Panipat
Global demand for Stainless Steel significantly influences local prices in Panipat, Haryana.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Panipat.
Understanding Stainless Steel Scrap Rates in Panipat
The Stainless Steel scrap market in Panipat, Haryana 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 Panipat 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 Panipat, 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 Panipat, 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 Panipat
What is today's stainless steel scrap rate in Panipat?
Today's stainless steel scrap rate in Panipat, Haryana is ₹133.87 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹87-94/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 Panipat at ₹133.87 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.