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Stainless Steel Price Today ₹180-350/kg | SS 304 316 202 Rates

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SS Cold Rolled Coils 304 Narrow
0.40-2.00mm

EX - Delhi

SS Cold Rolled Coils 304 Wide
0.40-2.00mm

EX - Delhi

SS Cold Rolled Coils 201, N1
0.26-0.90mm

EX - Delhi

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SS Cold Rolled Coils 304 Wide
0.40-2.00mm

EX - Delhi

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SS Cold Rolled Coils 316L
0.40-2.00mm

EX - Delhi

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SS Cold Rolled Coils 316L
0.40-2.00mm

EX - Delhi

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SS Cold Rolled Coils 201, J3 Narrow
0.9mm-2mm

EX - Delhi

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SS Cold Rolled Coils 304 Narrow
0.40-2.00mm

EX - Delhi

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SS Cold Rolled Coils 316L
0.40-2.00mm

EX - Kanpur

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SS Cold Rolled Coils 304 Wide
0.40-2.00mm

EX - Kanpur

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SS Cold Rolled Coils 201, N1
0.26-0.90mm

EX - Mumbai

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SS Cold Rolled Coils 316L
0.40-2.00mm

EX - Mumbai

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SS Cold Rolled Coils 304 Narrow
0.40-2.00mm

EX - Mumbai

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SS Cold Rolled Coils 304 Narrow
0.40-2.00mm

EX - Mumbai

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SS Cold Rolled Coils 304 Wide
0.40-2.00mm

EX - Mumbai

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SS Cold Rolled Coils 304 Wide
0.40-2.00mm

EX - Mumbai

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SS Cold Rolled Coils 316L
0.40-2.00mm

EX - Mumbai

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Stainless Steel Market in India

India's stainless steel market has grown significantly, with domestic production exceeding 4 million tonnes annually. The country is now among the top three stainless steel producers globally. Demand is driven by diverse sectors including kitchenware, automotive, railways, architecture, and process industries.

Major domestic producers include Jindal Stainless, SAIL's Salem Steel Plant, and several specialty steel manufacturers. India also imports significant quantities from China, Indonesia, and other Asian countries.

Popular Stainless Steel Grades

Commonly used stainless steel grades in India:

  • SS 304 (18-8): Most versatile grade with 18% Cr and 8% Ni. Used in kitchen equipment, chemical processing, architecture.
  • SS 316: Marine grade with added molybdenum for superior corrosion resistance. Used in coastal applications, pharmaceuticals, chemical plants.
  • SS 202: Economical grade with manganese partially replacing nickel. Used for decorative applications, utensils.
  • SS 430: Ferritic grade with chromium only. Magnetic, used for automotive trim, appliances.

Frequently Asked Questions

What's SS 304 selling for per kg currently?
SS 304 is running ₹180-220 per kg depending on finish. Standard 2B finish sheets go for ₹190-210/kg. Want that shiny BA finish? Add another ₹10-20. These prices track LME nickel pretty closely so they bounce around daily. SS 316 is a different ballgame at ₹280-350/kg.
When should I use SS 304 versus SS 316?
SS 304 works great for general stuff - kitchens interiors most outdoor applications. It's got 18% chromium and 8% nickel which handles normal corrosion fine. SS 316 adds molybdenum for serious chloride resistance so use it near the coast in chemical plants or anywhere with salt exposure. The 50% price premium is worth it for those conditions.
Is there a cheaper alternative to SS 304?
SS 202 runs about ₹140-170/kg - roughly 25% less than 304. The catch? It swaps some nickel for manganese so corrosion resistance suffers. Fine for indoor decorative stuff where it won't get wet much. Just don't use it for food contact or outdoor applications.
Why does stainless steel cost so much more than regular steel?
Blame nickel - it makes up 8-10% of SS 304 and costs ₹1500-2000 per kg on its own. That single element accounts for over half the raw material cost. When LME nickel swings 5% your SS price moves with it. The chromium and processing add to it but nickel's the main culprit.
Which stainless grade is safe for food and kitchen use?
SS 304 and SS 316 both have FDA and BIS approval for food contact. You'll see them in commercial kitchens restaurant equipment and food processing plants. SS 316 handles acidic foods better. The one to avoid is SS 202 - keep it away from anything you're eating or drinking.
How can I tell if I'm getting genuine SS 304?
Few quick checks - real SS 304 should be non-magnetic after annealing and shouldn't rust easily. When ground it gives a specific spark pattern. But honestly the only sure way is checking the mill test certificate for actual chemical composition. Stick to authorized dealers - plenty of fake 304 floating around in the market.
Where can I find competitive prices on stainless steel?
OfBusiness lets you compare rates across Jindal SAIL and various importers. Get quotes from multiple dealers to find the best deal. We stock all grades (304 316 202) in different finishes (2B BA No.4) and forms (sheets coils pipes). Orders over 500kg qualify for bulk pricing.

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