Today's Stainless Steel Scrap Rate in Siwan, Bihar
Live Price per kg
₹134.18
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 Siwan, Bihar
Indarwa Infra Private limited
694M+W5F, Siwan, Bihar 841227, India
Sagar Traders
Station Rd, Purana Quilla, dakhin tola, Siwan, Bihar 841226, India
Kanti Traders
Station Rd, Purana Quilla, Guljar Bazar, Kagzi Muhalla, Siwan, Bihar 841226, India
Stainless Steel Scrap Market in Siwan
The market for stainless steel in Siwan, Bihar, is primarily driven by localized repair and secondary consumption rather than large-scale industrial output. Supply sources are generally limited to plumbing fixture replacements from residential and small commercial buildings, as well as scrap generated by local utensil and hardware repair workshops operating near the main market areas. Given the region's economic profile, the volume of high-grade stainless steel scrap is modest, often requiring collection networks to aggregate material from various neighbourhoods. Demand remains steady, fuelled by local fabrication needs for kitchenware and minor plumbing installations across the district. Consequently, most collected material is channeled towards larger scrap dealers operating in nearby regional hubs like Patna for onward processing and sale into the broader Indian metal market.
About the scrap market in Siwan
Siwan in Bihar has a developing scrap market driven by sugar mills, rice processing, and the significant remittance economy from Gulf-based workers. Construction from NRI investments generates urban scrap.
Sugar mill equipment, rice mill machinery, and construction steel are traded. Prices are 12-15% below Patna.
Trading around the main market. Most dealers pick up from 10 kg. Cash is standard.
Selling Stainless Steel Scrap in Siwan, 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 Siwan'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 Siwan:
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 — Siwan vs Bihar
| Location | Price/kg | vs Siwan |
|---|---|---|
| Siwan (This city) | ₹134.18 | — |
| Bihar State Avg (68 cities) | ₹129.68 | +4.50 |
| India Average | ₹132.70 | +1.48 |
| Maner | ₹136.23 | -2.05 |
| Dehri-on-Sone | ₹135.84 | -1.66 |
| Gopalganj | ₹135.35 | -1.17 |
| Saharsa | ₹134.85 | -0.67 |
| Rosera | ₹134.49 | -0.31 |
Prices compared across 68 cities in Bihar. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Siwan
Global demand for Stainless Steel significantly influences local prices in Siwan, Bihar.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Siwan.
Understanding Stainless Steel Scrap Rates in Siwan
The Stainless Steel scrap market in Siwan, 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 Siwan 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 Siwan, 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 Siwan, 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 Siwan
What is today's stainless steel scrap rate in Siwan?
Today's stainless steel scrap rate in Siwan, Bihar is ₹134.18 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 Siwan at ₹134.18 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.