Laser marking machine, laser cutting machine, laser welding machine and automationm, pcb, fpc, pet, ccl, glass, composites, metal substrates, ceramic substrates laser marking and cutting machine
Fire extinguisher scrap, motor scrap electric
Tin Dross, Tin Scrap, Copper Wire Scrap
Remelted zinc ingot, zinctop, bottom dross, zinc oxide, aluminum ingots, ubc ingot 92 98%, hd, etial, adc12, 6063, 6061, 5182., inox scrap, 304, 301, 202 aluminium telic puck scrap, ubc scrap, marble blocks
Cobalt hydroxide, cobalt ore, cobalt metal, copper concentrate, copper cathodes, copper ore, copper blister, copper slag, lead ore, zinc concentrate, zinc ore, shg zinc metal, nmc film scrap, lico battery scrap, nico battery scrap, black mass, iron ore, manganese ore, steel scrap, steel and cast iron skulls, pig iron
Copper conductor, aluminium conductor, oil, crgo material
Copper wire scrap, nickel scrap, aluminium scrap
HMS scrap, ferrous and non ferrous scrap, lead scrap, aluminum scrap, drained battery scrap
Zinc scrap, zinc ingots, aluminum ingots, brass scrap, copper scrap
Steel, coal, ferro alloys, minor metals, noble alloys, scrap, ores, ceramics raw material, cement raw materials and minerals
Copper scrap, aluminium scrap, automobile scrap, tyre tubes, tyre flaps, electric scrap
Copper, brass, curpo nickel scrap
Silver plated copper and zinc scrap
Copper wire scrap, copper cathodes, rail scrap, d2 diesel, aluminum ingots, urea, fertilizer, petroleum, euro crude oil, ingots, bitumen
Electronic Scrap
Electronic scrap
Electronic scraps
Electronic scrap
E waste
Electronic 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.
