Aluminum extrusion 6063 scrap, aluminum scrap
Used rails, hms 1&2, milberry wire scrap copper, copper cathode
Vessel scrap, aluminum ingots, battery scrap, lead scrap, metal scrap, copper cathode, copper wire
Non-ferrous base & minor metals, copper, lead, zinc, nickel, tin, aluminum, minor metal, bismuth, antimony, cobalt, molybdenum, wolframite, chrome, manganese, scrap metal like aluminium ubc, wheels, extrusion, copper scraps, lead scraps
Aluminum extrusion 6063 scrap
zinc ingots
barbed wire
Copper Cathode, Scrap Copper
Pet flakes, HIPS (PS) and aluminum cans scrap
Copper scrap
Copper scrap
Iron scraps, aluminium scraps
Lead Ingot, Aluminum Ingot, Copper Cathode, Copper Wire Scrap, Aluminum Wire Scrap, Aluminum Ubc Scrap
Wasted paper
hms
aluminium cans
scrap copper
Aluminium ingots, scrap, tantalio
Aluminum and copper scraps
Aluminium ( Ingots, T Bars, Sows, Rods), Copper (cathodes, Cakes, Billets, Ingots, Rods), Lead (ingots), Nickel (cathodes Both Cut And Uncut Briquettes, Pellets, Discs, Etc.), Tin (ingots, Etc.), Zinc (ingots Both Regular Size And Jumbos), Steel Billets (all Types Including Crc, Hrc, Hdgc, Plates, Sheets), Concentrates And Ores For Above Items Including Bauxite, Manganese, Clinker And Iron Ores Etc), Scraps Hms 1&2 And Steel Scraps
Copper millberry scrap, cathode, used railway, HMS 1/2, , ingot aluminum
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.
