Brass scrap honey, cut pales
Copper cathode, copper mulberry scrap, aluminium ingot, iron scrap, used rail
Copper millberry scrap, butyl rubber tube scrap
PET bottle scrap, MS iron scrap, tyre scrap
Copper, brass, aluminium, zinc, tin
Lead styphnate(cas:15245 44 0)
Steel Scrap Tire Scrap After Pyrolysis
Scraps And Agriculture
Used old phones/ipads/tablets,electronic waste etc in containers.
Old & used shafting, scrap, machinery, metals, plates, seek plants, ships
Petrochemicals, mineral metals & scraps, food & edible oils, agro chemical, minerals/metals, urea fertilizer, jet fuel, d2 diesel oi, dap, industrial bitumen, crude oil, metal nuggets
Metal Materials
Agriculture, food and drink products, rice, sugar, natural rubber, coconut, tapioca starch, frozen chicken, urea fertiliser, chemical, metal products like zirconium, sulphur, aluminium, scrap
Agriculture, food and drink products, rice, sugar, natural rubber, coconut, tapioca starch, frozen chicken, urea fertilizer, chemical, metal products like zirconium, sulphur, aluminium, scrap
Scrap Metal is the recyclable leftover scrap from construction sites, industrial sites, homes, etc. The scrap metal business plays an important role in the sustainable development and conservation of the environment. The increase in searches like scrap metal near me indicates a positive impact and the buyer interest in recycling and trading scrap metal, which can be a good opportunity for traders to latch on to.
The global scrap metal recycling market is estimated at USD 318.85 billion in 2025 and is further anticipated to reach USD 631.72 billion by 2034 with a CAGR of 7.90%. The scrap metal industry is staying ahead of the market and is constantly growing. This growth shows a positive light towards business expansion or profits for exporters.
Scrap metal can be a profitable business due to multiple factors:
With the onset of the digital era and artificial intelligence, it has become all to more easier to find buyers of metal scrap. Metal scrap is a booming industry and has huge demand in various industries including Aluminum Scrap Importers, as we discussed earlier. There are many B2B marketplaces, networking events, trade shows or data directories to find scrap metal buyers.
The trends in the scrap metal industry are evolving, and it is essential to stay up to date with these trends:
General scrap metal prices are:
Conclusion
The scrap metal business offers significant opportunities for profitability and environmental impact. Staying informed about scrap metal prices, understanding the types of metals, and adhering to regulatory requirements are essential for success in this industry.
1. What is the price of 1 kg of scrap iron in India today?
The price of iron is between Rs. 28-38 per kg.
2. What is the HSN code for metal scrap?
The HSN code for metal scrap is 7204, and the detailed breakdown is:
3. What is the GST/TDS on metal scrap?
As per Notification No. 25/2024-Central Tax dated October 9, 2024, a 2% TDS is applicable on metal scrap transactions exceeding ?2.5 lakh between registered businesses. This is split as CGST 1% and SGST 1% for intra-state supplies, or IGST 2% for inter-state supplies.
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