Fabrics, garments accessories, motorcycle spares, CR coil, generator, HMS 1&2, used all type machinery, toys, raw cotton, dyeing chemicals and petrochemicals
Used Laptop Computers, Scrap Cell Phones, Mother Board, Telecom Board, Used Tft Lcd Monitors, Electronic Scrap
Galvanized razor barbed wire, galvanized steel wire, metal wires, razor barbed wire, steel wire, gi pvc net, gi net, all kind of gi net
Cumin, coriander, sesame seeds, fish, leather goods, metal scrap LMS, HMS
Copper cathode & copper wire scrap
Scrap ships and vessel, rubber hose pipes, railway rolling stocks and track materials, concrete aggregates
Metals copper wire scrap, copper cathodes, copper ingots, aluminium wire scrap and aluminium ingots, steel, zinc ingots., petroleum products sunflower oil and seeds, rice, wheat
Copper cathode, scrap wire, iron ore, used rails scrap
Computer, mobile pcb and capacitor scrap
Computer Scrap Computer CPU
Metal scrap, copper cathode/copper plate, used rails and hms 1,2, aluminium ingot a7 & a8, zinc dross zn 95%, tin ingot, copper scrap, heavy metal scrap/ wheels and axels, used rails scrap, casting iron scrap, mill berry copper scrap, steel coils, aluminium ubc can, fridge and ac compressor scrap, used electric motor scrap, tyre bead wires scrap, wire scrap, steel, carbon steel, alloy steel, stainless steel, iron (wrought or cast), aluminum, magnesium, brass, bronze, 6063 aluminium extrusion scrap, cast iron scrap, aluminum wire, aluminium foil, steel rod/iron rod, galvanized iron rod, metal, copper clad steel sheet, coppers, metals, aluminum, hospital and medical equipment
Iron/steel scrap
Designer branded Polo Shirt and Copper wire scrap Millberry
Polo Shirt And Copper Wire Scrap Millberry
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.
