Stainless Steel Price Per Kg in India

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Sachiya Steel International Pvt. Ltd. supplies all major stainless steel grades from Mumbai, India. Below mentioned is the price of stainless steel per kg, covering domestic Indian rates as well as indicative export prices in USD and EUR.

Grade Price/kg (INR) Price/kg (USD) Price/kg (EUR) Primary Use
SS 202 ₹140-175 $1.70-2.10 €1.55-1.90 Decorative, architectural, and domestic utensils
SS 304 ₹180-225 $2.15-2.65 €1.95-2.45 General purpose. The most common grade in India
SS 304L ₹215-235 $2.55-2.80 €2.35-2.60 Low-carbon 304 for welded assemblies
SS 316 ₹280-350 $3.35-4.20 €3.10-3.90 Marine, chemical, pharma, it contains Mo
SS 316L ₹285-360 $3.40-4.30 €3.15-3.95 Low-carbon 316 for critical weld applications
SS 316Ti ₹300-375 $3.55-4.45 €3.30-4.15 Titanium-stabilised 316 for high-temperature service
SS 321 ₹280-340 $3.35-4.05 €3.10-3.75 Titanium-stabilised, 500-800 °C service
SS 310 / 310S ₹340-420 $4.05-5.00 €3.75-4.65 High-temperature furnace & kiln applications
SS 347 / 347H ₹320-400 $3.80-4.75 €3.55-4.40 Columbium-stabilised, power & petrochemical
SS 409 ₹145-165 $1.75-2.00 €1.60-1.85 Ferritic, automotive exhausts, mufflers
SS 410 ₹200-260 $2.40-3.10 €2.20-2.85 Martensitic, cutlery, pumps, valves
SS 420 ₹220-280 $2.60-3.35 €2.40-3.10 High-hardness martensitic blades, surgical
SS 430 ₹155-195 $1.85-2.30 €1.70-2.15 Ferritic, kitchen appliances, automotive trim
SS 904L ₹500-800 $6.00-9.50 €5.50-8.75 Super-austenitic, acid & chloride environments
Duplex 2205 ₹320-480 $3.80-5.70 €3.50-5.25 Oil & gas, desalination, pulp & paper
Super Duplex S32760 ₹500-750 $5.95-8.90 €5.50-8.25 Offshore, seawater, high-chloride environments

Price Disclaimer : Rates are indicative mill/warehouse reference prices for Indian origin material, ex-Mumbai. Actual price varies with quantity, finish (2B / BA / No.4 / Mirror), product type, and current LME nickel rates. Request a quote for firm pricing.

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SS 304 Price Per Kg in India

SS 304 price per kg in India ranges from ₹190 to ₹250, depending on product form and finish.

Product Form Retail (INR/kg) Bulk >500 kg (INR/kg) Standard
SS 304 Sheet / Plate (2B finish) ₹180-210 ₹195-225 ASTM A240 Gr. 304
SS 304 Sheet / Plate (BA finish) ₹195-220 ₹210-235 ASTM A240 Gr. 304
SS 304 Sheet / Plate (No.4 finish) ₹210-245 ₹225-260 ASTM A240 Gr. 304
SS 304 Seamless Pipe / Tube ₹205-260 ₹215-280 ASTM A312 / A213
SS 304 Welded ERW Pipe ₹190-235 ₹200-250 ASTM A312 TP304
SS 304 Round Bar / Rod ₹215-260 ₹225-275 ASTM A276 Type 304
SS 304 Coil / Strip ₹180-215 ₹195-230 ASTM A240 Gr. 304
SS 304 Fittings (Elbows / Tees) ₹260-380 ₹280-400 ASTM A403 WP304
SS 304 Flanges ₹270-390 ₹290-420 ASTM A182 F304
SS 304 Fasteners (Bolts / Nuts) ₹290-420 ₹310-450 ASTM A193 B8 / A194 8

SS 316/ 316L Price Per Kg in India

SS 316 usually falls between ₹280 and ₹340 per kg. SS 316L is slightly higher, around ₹290 to ₹360 per kg due to tighter composition. Seamless pipes and precision fittings can go above ₹400 per kg.

Product Form Retail (INR/kg) Bulk >500 kg (INR/kg) Standard
SS 316 / 316L Sheet / Plate (2B) ₹280-320 ₹295-340 ASTM A240 Gr. 316/316L
SS 316 / 316L Sheet / Plate (BA) ₹300-345 ₹315-360 ASTM A240 Gr. 316/316L
SS 316 / 316L Seamless Pipe ₹330-420 ₹350-445 ASTM A312 TP316/316L
SS 316 / 316L Welded ERW Pipe ₹300-375 ₹315-395 ASTM A312 TP316/316L
SS 316 / 316L Round Bar ₹300-360 ₹320-380 ASTM A276 Type 316
SS 316L EFW / LSAW Pipe ₹350-460 ₹370-485 ASTM A358 Cl.1
SS 316 Fittings ₹400-560 ₹420-590 ASTM A403 WP316
SS 316 Flanges ₹420-580 ₹445-615 ASTM A182 F316

904L Stainless Steel Price Per Kg in India

Grade 904Lstainless steel price in India ranges from ₹500 to ₹800 per kg, depending on product form and certification level.

Product Form Price (INR/kg) Price (USD/kg) Standard
SS 904L Sheet / Plate ₹500-650 $6.00-7.75 ASTM A240 UNS N08904
SS 904L Seamless Pipe / Tube ₹600-750 $7.10-9.00 ASTM B677 / ASME SB677
SS 904L EFW Pipe ₹650-800 $7.75-9.50 ASTM B677
SS 904L Round Bar ₹520-680 $6.25-8.15 ASTM B649
SS 904L Fittings / Flanges ₹700-950 $8.35-11.30 ASTM B366 / B462

Jindal Stainless Steel Price Per Kg in India

The Jindal stainless steel price per kg is widely used as the domestic benchmark. Sachiya Steel International is an authorised distributor of Jindal material and can supply mill test certificates (MTC) for all coils, sheets, and plates.

Jindal Product Retail Rate (INR/kg) Bulk >1 MT (INR/kg)
Jindal SS 304 HR Coil (2B finish) ₹185-215 ₹195-225
Jindal SS 304 CR Sheet (2B finish) ₹192-220 ₹202-232
Jindal SS 304 CR Sheet (BA finish) ₹205-235 ₹215-248
Jindal SS 316L HR Coil ₹295-335 ₹308-352
Jindal SS 316L CR Sheet (2B) ₹300-345 ₹315-362
Jindal SS 430 HR Coil ₹160-180 ₹170-190
Jindal SS 202 HR Coil ₹142-170 ₹150-178

Factors Affecting Stainless Steel Prices in India

  1. LME Nickel Price: Nickel represents 40-55% of the raw material cost in SS 304 and up to 65% in 316. When LME nickel moves 5%, the ex-mill price of 304 coil shifts ₹8-12/kg.
  2. Chromium & Ferrochrome Cost: Chromium (18-26% in most grades) is sourced primarily from South Africa and Kazakhstan. Ferrochrome price volatility directly affects all stainless grades.
  3. Molybdenum Surcharge: SS 316, 316L, 317L, 904L, and duplex grades carry a molybdenum surcharge. When Mo oxide prices rise (as in 2024-25), 316L prices can diverge sharply from 304.
  4. Domestic Mill Revision (Jindal / SAIL): Jindal Stainless revises base prices monthly. The JSL price list is the domestic benchmark; distributors' prices are relative to the mill list, so watch for mill announcements.
  5. Import Duty & BIS Certification: India levies 7.5-10% basic customs duty on imported stainless steel coil/sheet. BIS IS 6911 / IS 2002 certification adds import costs and restricts the use of inexpensive materials that do not meet certification.
  6. Rupee / USD Exchange Rate: Import-origin material (Japanese, Korean, European) is priced in USD. A weaker rupee raises landed costs proportionally.
  7. Finish & Surface Treatment: Surface finish adds high cost: 2B (mill finish) is the base. BA (bright annealed) adds 5-8%, No.4 (brushed) adds 12-18%, Mirror adds 25-40%, and speciality finishes (PVD, Hairline, Hammered) can add 50-100% +.
  8. Thickness & Gauge: Thinner gauges need more rolling passes and have a premium price per kg over standard 2-4 mm sheet.
  9. Certification & Test Requirements: Orders needing NACE MR0175, 3.2 certificate, PMI testing, radiography, or heat-number traceability have extra charges.
  10. Quantity & Order Size: Bulk orders (>1 MT coil, >5 MT sheet) attract a 5-12% discount versus retail rates. Minimum order quantity applies for speciality grades.

Why Buy Stainless Steel from Sachiya Steel International Pvt. Ltd.?

Sachiya Steel International Pvt. Ltd. has been supplying stainless steel, nickel alloys and speciality grades to industrial buyers since 2005. Our Mumbai stockyard carries ready inventory across various stainless steel grades and a full range of nickel alloys.

  • Ready inventory of all major SS grades like 304, 304L, 316, 316L, 321, 310, 347, 904L, Duplex 2205, Super Duplex S32760, available ex-Mumbai.
  • Genuine mill material with full heat-number traceability and EN 10204 3.1 MTCs as standard.
  • Sheet cutting, pipe cutting, bar cropping, and bevelling available. No waste, you pay only for what you need.
  • Experienced in FOB / CFR / CIF documentation for the USA, UK, UAE, Saudi Arabia, Singapore, South Africa, Australia, and more.
  • Our quality system ensures every order ships with the correct grade, dimensions, and certification.