Petroleum products: en 590 diesel fuel, jet fuel a1, urea 46%, lng, fuels for cars, etc. steam coal, iron ore 62% 64%, 67.5% and 72% fe, iron ore , metal scrap: hms 1 & 2 ,rail scrap
Used rails, copper, aluminum ingot, lead stick
CPU scrap, RAM memory scrap, copper scrap
Bonny light crude oil (blco), yemen light crude oil, jet fuel, diesel d2, d6, mazut, base oil, gasoline, cocoa bean and powder, petroleum products, coal, diesel, bitumen, petcoke, aluminium, hms scrap, charcoal, wheat, sugar, milk, soybean
Aluminum 6063, UBC can, aluminium utensils, aluminium printing, aluminium wire, aluminium engine, zinc
Thermal paper rolls, a4 copy paper, aluminium ingot & copper wire scrap (millberry)
Yellow corn , soybean, a soybean meal wheat, rice, sesame seed, copper cathode, aluminum ingots, used rails, hms n 2. steel billets, ethanol , sulphur, urea 46, jet fuel, diesel oil
Ldpe film roll scrap
Malleable cast iron, malleable iron pipe fitting, scaffolding parts, hose fittings, double bolt clamps
Textile products, natural stone, mining products, bauxite, cromite
Bitumen, base oil, white spirit, recycle base oil, bio diesel, fuel oil, lng & lpg, diesel, petcoke, petrol, crude oil, fmcg like raw materials of cattle feeds, sugar, rice, wheat, corn, maize, cotton, metal like steel rebar, billets & slabs, aluminium ingots, copper cathode & electrodes, low carbon ferrochrome, ferrosilicon 72% and 75%, lead, zinc, casing, tubing, drill pipes, line pipes, valves package, industrial scrap & surplus like steel, copper, fertilizer like sulphur, urea, npa, dap, phosphate, coal, clinker, gypsum, limestone, aggregates, crushed stones, palm oil, soft oil, used cook oil, oleochemicals, foundry, glass, chemical industry
Nitrogen fertilizer ammonium sulfate, water soluble granular, magnesium sulfate heptahydrate crystal, sodium hydroxide pearl/flakes/caustic soda, industrial grade, metal scrap, ffp2 mask, kn95 face mask, powder free nitrile gloves, infrared thermometer, artificial lawn grass, granites, marbles, floor tiles, metal crusher, skincare beauty products.
Chicken, beef meat, pork, sugar, milk powder, pvc, plastic resins, d6, jp54, a1, mazut, hdpe, iron ore, used rails, steel billets
Alcohol, electronic devices, medical, cars, motors and accessories, jewelry, machines, metal, oils and cosmetic, woods, construction devices and materials, security cameras
Billet caster, qc ladle slide gate system, collector nozzle holder, sliders, heat compensating nut with eye bolt, blowers, aluminium scrap
Steel, aluminium product like aluminium foil, aluminium wire, aluminium wire rod, scaffolding products, chemicals, rubber, mines products, galvanized steel wire, galvanized steel coils, steel pipe, steel plates, galvanized steel sheets, steel strand, steel strips, steel tubes, steel angles, steel bar, stainless steel coils, stainless steel pipes, stainless steel sheets, stainless steel strips, stainless steel wire, steel tie rod, aluminium ingots, aluminium strips, aluminium tape
Decoration, giftware, toys & games, garments like shirts, t shirts, polo, pant and trouser, underwear and sportswear, household like kitchenware, stationery & foodstuffs, mineral items, iron ore, metal scrap, petroleum items, chemical items, agricultural products like rice, edible oils like sunflower oil, animal feeds, paper products, wood pellets & wood chips
Icumsa 45 Sugar, Soybean Gmo/non Gmo, Corn Gmo/non Gmo, Rice ; Basmati Rice ; Green Tea; Refined Sunflower Oil ;Palm Oil; Aluminium Ingots; Used Rail Scrap ; Decoration Of Wood, Cloth, Glass Material; Raw Textile Products; Leather ; Chicken Paws; Chicken ;Wood, Cassava Flour
Copper cathode, copper wire scrap, aluminum ingots, gloves nitrile disposable, masks disposable, used rails, LCO, jet fuel, diesel fuel (D2, D6), LPG, CNG, sunflower oil, rapeseed oil, corn oil, soybean oil, soybean non-gmo, corn non-gmo
Chicken, beef meat, pork, sugar, milk powder, PVC, plastic resins, D6, JP54, A1, mazut, HDPE, iron ore, used rails, steel billets
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.
