Computer scrap
Metal materials, such as aluminum ingot, aluminum bar, aluminum scrap, zinc ingot, copper wire scrap, cathode copper, magnesium ingot, lead ingot, cadmium ingot, antimony ingot, cobalt oxide, cobalt sheet, nickel powder, nickel sheet and other metal materials.
E Waste And Scrap Batteries
Iron, copper scrap
Steel shots and grits mainly used in castings, foundry and automotive surface treatment processes.
Brass and steel products
Silver, brass, german silver ornaments
Agra products viz., grains, pulses, oilseeds, edible oils, sugar, plastic scraps, metal and steel scraps, steel products
Stainless steel scrap, wire, rod, bars
Fabricated scraps, hms1, hms2, aluminium (profile cutting & engine), copper, erw pipes and seamless pipes
Scrap tyre, scrap iron
Brass
Copper & copper scrap or copper wire
Wedge gate valves, brass, bronze, cast iron, cast carbon steel, forged carbon steel, forged stainless steel, cast stainless steel, knife gate valves, cast iron, cast stainless steel, globe valves, bronze, cast iron, cast carbon steel, forged carbon steel, forged stainless steel, cast stainless steel, , needle valves, bronze, carbon steel bar, stainless steel bar, , bottom outlet valves, cast stainless steel, check valves, brass, bronze, cast iron, cast carbon steel, forged carbon steel
Copper wire scrap, copper cathode, aluminium ingot, lead ingot, hbi(hot briquettes iron), cobalt(co36%), hsm1&2
Catalytic converter scrap, copper wires scrap, abs scrap, pvc scrap, hdpe film scrap, ldpe film, tyre wire scrap, used electric motor scrap, motherboards scrap, used conveyor belt, tyres scrap, pvb film, pet film scrap, latex gloves, pa6 yarn, pet bottles scrap, pu foam scrap, eps blocks, copper cables scrap, compressor scraps, bopp film scrap, cast iron scrap, baby diaper scraps, used engines, tires scrap, tyres scrap
Ferrous & Nonferrous Goods, Cocoa, Spices, Al Scrap, Ingots And Copper Milberry And Cathodes And Used Rails, Herbal Extracts
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.
