Xlpe cable scrap and xlpe lump
Xlpe cable scrap
Brass scrap , E-scrap
die steel,mild steel,brass and copper
metals such as:
aluminum & copper & steel & mangenese & cobalt
construction materials such as :
cement & steel rebars
Hdpe blue drum scrap , hdpe pipe scrap , hdpe blue granuals, pvc pipe,pvc resin,
nylon 6 granuals,pp,hips ,gpps,tpu,tpe,tpr,peek,pps,pom,pp talck,ppgf,ldpe(film grde), pplums,
Plastic scrap, steel scrap, copper scrap
Aluminium scraps like alloy wheels, wire scrap,alloy wheels,aluminium scraps,wire scrap
Hms1 & 2, Used Rails, Steel Billets, Tmt Steel Bars, Iron Ore, Parboiled Rice, Basmati Rice, Sella Rice, Mansouri Rice, Icumsa 45 Sugar, Copper Wire, Copper Cathode, Aluminium Ingots, Aluminium Wheel Scraps, Aluminium Ubc Scraps, Urea, Dap, Npk, D2, En590, Jet Fuel A1 And Coal
Copper Water Bottle (Huk470).
Pet Bottle Scrap
Cast iron boring scrap, angle & channel
Bauxite, coal, rail scrap
Tungsten carbide insert scrap, carbide endmill cutter, tetra sheet scraps
Food emulsifiers, steel iron scrap, aluminium scrap
Brass, glass, copper, antique
Brass Compass, Brass Antic Items.
Copper scraps, insulated wire, copper chops
Iron & steel scraps
Iron and steel 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, 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:
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 are the latest scrap metal prices per kg in India?
General scrap metal prices are:
2. What is the price of 1 kg of scrap iron in India today?
The price of iron is between Rs. 28-38 per kg.
3. What is the HSN code for metal scrap?
The HSN code for metal scrap is 7204, and the detailed breakdown is:
4. 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.