Today's Stainless Steel Scrap Rate in Savar, Dhaka Division
Live Price per kg
৳181.88
Last updated: April 9, 2026
Selling Stainless Steel Scrap in Savar, Dhaka Division?
Stainless steel scrap is categorized by grade, with 304 (18/8 — containing 18% chromium and 8% nickel) being the most common and valuable in Savar'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 Savar:
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 — Savar vs Dhaka Division
| Location | Price/kg | vs Savar |
|---|---|---|
| Savar (This city) | ৳181.88 | — |
| Bangladesh Average | ৳181.88 | +0.00 |
Prices compared across 0 cities in Dhaka Division. Updated April 9, 2026.
Verified Stainless Steel Scrap Buyers in Savar, Dhaka Division
Contact any of our general scrap dealers in Savar for Stainless Steel scrap pricing.
Factors Affecting Stainless Steel Scrap Prices in Savar
Global demand for Stainless Steel significantly influences local prices in Savar, Dhaka Division.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Savar.
Understanding Stainless Steel Scrap Rates in Savar
The Stainless Steel scrap market in Savar, Dhaka Division is shaped by a combination of global commodity trends and local economic factors. International benchmarks like the LME (London Metal Exchange) and regional commodity markets set the baseline for Stainless Steel pricing. However, the actual rate you receive from a dealer in Savar 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 Savar, 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 GetScrapRate.
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 Savar, 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 Savar
What is today's stainless steel scrap rate in Savar?
Today's stainless steel scrap rate in Savar, Dhaka Division is ৳181.88 per kg for grade 304. Grade 316 fetches 15-20% more, while grade 430 (magnetic) sells for ৳118-127/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 Savar at ৳181.88 is worth roughly 6.5x 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. GetScrapRate does not guarantee any specific price from any dealer. Always contact dealers directly and compare quotes before selling.