Today's Stainless Steel Scrap Rate in Tumkur, Karnataka
Live Price per kg
₹135.03
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 Tumkur, Karnataka
S I Scrap Merchants
New Mandipet, Mandipet, Tumkur, Karnataka 572101, India
STEEL CORNER
Mandipet road Gubbi Gate Circle B. H Road, Santepet, Tumkur, Karnataka 572101, India
N H B SCRAP TRADERS
SCRAP TRADERS, N H B, Shettihalli Main Rd, Upparhalli, Tumkur, Karnataka 572102, India
Shifa Scrap Traders
Ring Road Gubbi Gate, near Old Check Post, Dibbur, Tumkur, Karnataka 572101, India
Daniya Traders and scrap buyers
shop no 3,old iron market veersagar, Ring Rd, gubbi gate, Dibbur, Tumkur, Karnataka 572101, India
Siddeshwara metal mart
Chickpet, Tumkur, Karnataka 572101, India
Old Iron Market
Old iron market, Karishma Palce, Ring Rd, Jayapura, Tumkur, Karnataka 572101, India
KAVITHA METAL STORES
Sumukha Complex Chickpet, Road, Mandipet, Tumkur, Karnataka 572101, India
Bharath Metal Stores
Chickpet, Tumkur, Karnataka 572101, India
RMINARETS
SY NO 67/1, BEHIND CHENNAKESHAVA SWAMY CONVENTION HALL, MANCHAKALKUPPE, POST, Hirehalli, Tumkur, Karnataka 572104, India
Ss traders
Kunigal-Tumkur Rd, Hunnadki Handpost, Akkathangiyarakatte Kaval, Tumkur, Karnataka 572118, India
Manal Enterprises
behind Old Iron Market, Dibbur, Tumkur, Karnataka 572101, India
Afreen Traders
1st Cross, road checkpost circle, Dibbur, Tumkur, Karnataka 572101, India
Kingsman traders
bord road, opposite Saniya steel house, friends layout, Tumkur, Karnataka 572101, India
Stainless Steel Scrap Market in Tumkur
The market for stainless steel scrap in Tumkur is primarily influenced by the local industrial maintenance sector and smaller fabrication units servicing the surrounding agricultural and light engineering industries. Supply sources are often concentrated near the main market areas or small industrial estates where plumbing fixtures, railing components, and machinery parts undergo regular repair and replacement. Demand for grades like SS 304 and SS 316 is steady, driven by local workshops that manufacture goods for regional infrastructure projects or water-related installations. Collection networks often involve scrap dealers moving material from residential demolition sites or from small-scale food processing units that utilize stainless steel for hygiene reasons. Due to its relatively high value and contamination risk, processing centers in or near Tumkur focus on segregating stainless steel from other ferrous and non-ferrous streams to maintain purity for onward sale to larger smelters.
About the scrap market in Tumkur
Tumkur (Tumakuru), an emerging industrial city in Karnataka just 70 km from Bangalore, has a growing scrap market driven by its coconut processing, granite quarrying, and expanding manufacturing sector. The city's industrial areas house auto ancillary units, and the upcoming Tumkur Smart City project is boosting construction activity. Granite quarrying in the region adds heavy equipment scrap.
Iron and steel from quarrying equipment and construction are the primary materials. Copper from electrical infrastructure, aluminum from the growing industrial sector, and coconut processing equipment scrap are traded. Tumkur's prices sit 5-7% below Bangalore but benefit from spillover demand from Bangalore's industrial belt, keeping rates competitive for the region.
Key scrap areas include SS Puram market, Sira Gate area, and dealers near the KIADB zone. Most dealers pick up from 15 kg. Cash is standard. Tumkur's proximity to Bangalore means sellers can sometimes get better rates from Bangalore dealers willing to pick up from Tumkur for larger quantities.
Selling Stainless Steel Scrap in Tumkur, 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 Tumkur'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 Tumkur:
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 — Tumkur vs Karnataka
| Location | Price/kg | vs Tumkur |
|---|---|---|
| Tumkur (This city) | ₹135.03 | — |
| Karnataka State Avg (88 cities) | ₹135.94 | -0.91 |
| India Average | ₹132.70 | +2.33 |
| Bangalore | ₹144.51 | -9.48 |
| Bidar | ₹142.16 | -7.13 |
| Yadgir | ₹142.07 | -7.04 |
| Shiggaon | ₹141.82 | -6.79 |
| Sindhagi | ₹141.45 | -6.42 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Stainless Steel Scrap Prices in Tumkur
Global demand for Stainless Steel significantly influences local prices in Tumkur, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Tumkur.
Understanding Stainless Steel Scrap Rates in Tumkur
The Stainless Steel scrap market in Tumkur, 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 Tumkur 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 Tumkur, 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 Tumkur, 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 Tumkur
What is today's stainless steel scrap rate in Tumkur?
Today's stainless steel scrap rate in Tumkur, Karnataka is ₹135.03 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 Tumkur at ₹135.03 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.