Copper concentrate, copper cathode, copper scrap wire
Used car battery and drain car battery scrap
Iron ore, steel used rail, steel scrap
Copper ores, copper cathodes, copper scraps, copper blister, minerals ores
Nonferrous metals(titanium&titanium alloys, aluminum&aluminium alloys, copper&copper alloys, magnesium&magnesium alloy sheet pipes, rods, extruded parts and oem product)
Nickel matte, nickel sludge, nickel powder, nickel scrap, nickel inorganic salt
Iron Plate, Screw
20 30 mesh recycled tires mesh powder, 3 4mm mesh powder, flat steel wires from tires and tire bead wire scrap.
Steel scraps, used rails, non-ferrous scraps
Building metal materials, metal materials, stainless steel, galvanized steel, carbon steel, shaped steel
Paper scrap (all kinds), paper pulp, virgin pulp, kraft paper, glassine paper, liner cardboard, fluting cardboard.
plastic scrap like pp, ldpe, pet etc.
Reinforced steel bars (tmt bars), hot rolled & cold rolled coils, cs plates, ss plates, channels, angles, beams, pipes, structural steel, chequered plates, and metal scraps.
Chemicals, minerals, agro products, steel, aluminium, copper, scaffolding products, scrap, washing machine parts, refrigerator parts, micro oven parts & auto parts.
Plastic Scrap, Plastic Scrap, Ldpe, Hdpe, Industrial Films, Post Industrial Resins, Post Industrial Resins, Copper Electrical Motor Scrap, Insulated Copper Wire
Supplier for a wide range of products including mobile phone accessories, used mobile phones, laptops, gaming equipment, various types of uniforms, clothing, and scrap materials
Copper, steel plates, steel wire, copper scrap
Copper, cathodes copper, zinc
Seafood, copper scrap, copper cathode, fresh fruits like apple
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.
