Toys, iron scrap
Micro silica, steel scrap
Speed steel scrap, cutting tools scrap, m2, m42 scrap
Copper scrap, phthalic anhydride
Arabic gum, steel scrap
Platinum slag, copper scrap
Steel scrap, gen sets, piston assembly, fuel injection item
Copper scraps and olive oil
Raw coconut shell, aluminium scrap 6063, and drained lead acid batteries.
Copper waste, copper insulated cables, copper wires, copper ores
Aluminium scrap
zinc top dross,
zinc bottom dross
copper cathode
copper scrap
brass scrap
aluminium 6063 scrap
Brass Scrap, Cnc Toolings Inserts
Over issued newspaper oinp
hms 1
hms 2
Nickle ore, copper cathode, copper scrap
Heavy melting steel scrap, scrap vessel
Scrap HMS, Used Rails, Iron Ore, Copper Ore, Manganese Ore, Coltan, New and Used Wine Barrels
Brass honey, lead battery plates, antimonial lead ingots, zinc, aluminium tt, tense, extrusion, electric motors, starters, alternators, stators, stainless steel, hms 1 and 2, cast iron
Plastics:
hdpe regrind, pp regrind, pe 100 regrind, pet preforms, ld regrind, abs, hdpe milk bottle bales, pet bales, bulk bag bales, car bumpers regrind, pet strapping band scrap.
other:
steel scrap, aluminium scrap, used conveyor belts
Aluminum scrap, steel scrap, HMS, copper, nickel scrap and plastic scrap
Copper scrap, iron scrap, aluminium scrap, cast iron & non cooking coal and all types of minerals
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.
