Steel scrap, copper scrap, aluminum scrap, aluminum ingot, zinc ingot, copper ingot, magnesium ingot, copper cathode
Copper ore, copper concentrate, copper blister, copper matte, copper scrap, copper millberry, copper alloy scrap, copper clove, copper powder, copper sludge, copper spent catalyst, moly mo spent catalyst, moly mo ore concentrate, moly mo residue scrap, tungsten w spent catalyst, tungsten scrap
Copper & Other Items
Zinc ore, copper ore, lead ore, zinc scrap, copper scrap and lead scrap
Brass scrap, copper scrap, stainless steel scrap, steel
Brass scrap, brass ingots and scrap zinc
Aluminium ingots
Copper Millberry Scrap And Copper Cathode
Copper wire
Copper wire scrap
Computer - Motherboards Computer - RAM & ROM Hard Disks Hard Disk Drives Computer CPU Telecommunication Infrastructure/Equipments Metal Scraps
Commodities, ceral, urea,wooden pellets, palets
Carpets, pashminas, handicrafts, metal statues, jewellery, pendants, woolen products, caps, sweaters
Scrap metal, drilling pipes, brunei shell petroleum used pipes, heavy machineries, cranes, hiap truck
Recycled drained lead acid car battery, battery scrap, drained lead acid car battery, lead acid battery scrap, lead 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.
