Today's Stainless Steel Scrap Rate in Rafiganj, Bihar
Live Price per kg
₹132.64
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 Rafiganj, Bihar
Dinesh Scrap
RJ8P+PF7, SH 68, KALALI MOD, Rafiganj, Bihar 824125, India
Stainless Steel Scrap Market in Rafiganj
Today's stainless steel scrap rate in Rafiganj is ₹132.64/kg as of 20 May 2026. 1+ verified scrap buyers in Rafiganj, Bihar are accepting stainless steel scrap right now. Prices vary based on grade, quantity, and pickup location — request a direct quote from any of the dealers below using the *Get Quote* button to lock in today's rate before market fluctuations.
About the scrap market in Rafiganj
Rafiganj, a subdivision town in Bihar's Aurangabad district, serves a hinterland where mica mining has historically coexisted with rain-fed agriculture. The recent expansion of national highways and railway modernisation through the region is generating new categories of infrastructure scrap alongside traditional agricultural waste.
Mica mine shaft timbering hardware, railway track ballast screen panels, and agricultural pump set scrap are locally characteristic items. Railway-origin steel scrap commands a premium at ₹28–₹36 per kg, while mine hardware and general MS fetch ₹22–₹29 per kg.
Rafiganj sellers should explore the possibility of bulk sales to Gaya's scrap market, located approximately 40 kilometres north, where greater dealer competition typically results in rates 10–15% above local offers. Maintaining transparent records of scrap sourcing is advisable, as railway and mining scrap sometimes attracts scrutiny regarding legitimate origin.
Selling Stainless Steel Scrap in Rafiganj, Bihar?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Rafiganj'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 Rafiganj:
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 — Rafiganj vs Bihar
| Location | Price/kg | vs Rafiganj |
|---|---|---|
| Rafiganj (This city) | ₹132.64 | — |
| Bihar State Avg (68 cities) | ₹129.68 | +2.96 |
| India Average | ₹132.70 | -0.06 |
| Maner | ₹136.23 | -3.59 |
| Dehri-on-Sone | ₹135.84 | -3.20 |
| Gopalganj | ₹135.35 | -2.71 |
| Saharsa | ₹134.85 | -2.21 |
| Rosera | ₹134.49 | -1.85 |
Prices compared across 68 cities in Bihar. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Rafiganj
Global demand for Stainless Steel significantly influences local prices in Rafiganj, Bihar.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Rafiganj.
Understanding Stainless Steel Scrap Rates in Rafiganj
The Stainless Steel scrap market in Rafiganj, Bihar 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 Rafiganj 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 Rafiganj, 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 Rafiganj, 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 Rafiganj
What is today's stainless steel scrap rate in Rafiganj?
Today's stainless steel scrap rate in Rafiganj, Bihar is ₹132.64 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 Rafiganj at ₹132.64 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.