Discharge of industrial effluents in aquatic environments is a serious threat to life due to toxic heavy metals. Plants can be used as cheap phytoremedients in comparison to conventional technologies. The present study was conducted to check the phytoremediation capability of two free-floating plants, i.e., Pistia stratiotes and Eichhornia crassipes, for the removal of heavy metals from steel effluent by using Atomic Absorption Spectrophotometry. P. stratiotes was able to remove some of the heavy metals, showing the highest affinity for Pb and Cu with 70.7% and 66.5% efficiency, respectively, while E. crassipes proved to be the best phytoremediant for polluted water as its efficiency was greatest progressively for Cd, Cu, As, Al and Pb, i.e., 82.8%, 78.6%, 74%, 73% and 73%, respectively. In conclusion, aquatic plants can be a better candidate for phytoextraction from industrial effluents due to cost effectiveness.