Today's Stainless Steel Scrap Rate in Shivpuri, Madhya Pradesh
Live Price per kg
₹135.59
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 Shivpuri, Madhya Pradesh
SRI RAM STEEL FABRICATION
TVS showroom, ke pass Tonk road, Fatehpur, Shivpuri, Rator, Madhya Pradesh 473638, India
JK Tyre Steel Wheels, Arora Tyre World
Ground Floor, Gandhi Park, near Raju Medical, Shri Ram Colony, Ashok Nagar, Shivpuri, Madhya Pradesh 473638, India
Shree Mahaveer Disposal House
CMG4+HHF, Bank Colony, Shivpuri, Madhya Pradesh 473638, India
Sabji Mandi
CMH4+M5C, near Gandhi Park, Bank Colony, Shivpuri, Madhya Pradesh 473638, India
Maa Pitambara Beej Bhandar
Maa Pitambara Beej Bhandar Fatehpur Chauraha, Road, Fatehpur, Tongara, Shivpuri, Madhya Pradesh 473638, India
Stainless Steel Scrap Market in Shivpuri
The stainless steel scrap market in Shivpuri, Madhya Pradesh, operates on a localized basis, primarily sourced from minor fabrication workshops and the repair sector rather than large industrial outflows. Supply streams are often generated by plumbing fixture replacements, small-scale kitchen equipment dismantling, and minor civil construction projects requiring stainless fittings. Collection points are typically found near the main market areas or smaller artisan clusters where metalworking activities are concentrated. Demand within the city remains steady for local repair and artisanal use, but significant volumes often require transport to larger metal markets in nearby regional centres for optimal pricing. Therefore, the value of the scrap is highly dependent on the grade purity and the volume collected from these scattered, smaller sources.
About the scrap market in Shivpuri
Shivpuri in MP has a scrap market driven by agricultural processing, sandstone quarrying, and growing construction. The city serves as a hub for the Gwalior-Chambal region.
Iron from quarrying equipment and construction, sandstone cutting blade scrap, and copper from electrical work are traded. Prices are 5-8% below Gwalior.
Trading around the main market. Most dealers pick up from 10 kg. Cash is standard.
Selling Stainless Steel Scrap in Shivpuri, Madhya Pradesh?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Shivpuri'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 Shivpuri:
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 — Shivpuri vs Madhya Pradesh
| Location | Price/kg | vs Shivpuri |
|---|---|---|
| Shivpuri (This city) | ₹135.59 | — |
| Madhya Pradesh State Avg (80 cities) | ₹131.40 | +4.19 |
| India Average | ₹132.70 | +2.89 |
| Sihora | ₹138.33 | -2.74 |
| Sidhi | ₹137.05 | -1.46 |
| Mandideep | ₹136.87 | -1.28 |
| Panagar | ₹136.78 | -1.19 |
| Nepanagar | ₹136.72 | -1.13 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Shivpuri
Global demand for Stainless Steel significantly influences local prices in Shivpuri, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Shivpuri.
Understanding Stainless Steel Scrap Rates in Shivpuri
The Stainless Steel scrap market in Shivpuri, Madhya Pradesh 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 Shivpuri 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 Shivpuri, 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 Shivpuri, 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 Shivpuri
What is today's stainless steel scrap rate in Shivpuri?
Today's stainless steel scrap rate in Shivpuri, Madhya Pradesh is ₹135.59 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ₹88-95/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 Shivpuri at ₹135.59 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.