Automotive Maintenance Free Batteries, Tires
Aluminium scrap taint tabor, aluminium pure ingots, aluminium secondary ingots, aluminium roofing corrugated sheets, aluminium sheets
Cashew Nuts, Sisal Fiber, Battery Scraps, Used Rails Scraps, Aluminum Wire Scraps, Almond Nuts, Cloves, Macadamia Nuts, Black Pepper, White Pepper And Face Mask.
Organic & acacia honey from the wild african highlands, copper cathode, copper scrap (millberry), copper & aluminium ingots, aluminium wire scrap, aluminium extrusion 6063, aluminium ubc scrap
Copper millberry, railway lines
Cow skins, urea fertilizer, double a4 paper, ug grade sisal fiber, refined sunflower oil, cashew nuts, gypsum powder, used rails, hms scrap 1 and 2 r50 and r65, copper wire scrap, aluminum wire scrap, cow heads skins, live mud crab, frozen king crabs, coconut shell charcoal, fish meal, meat bone meal, used laptops, ceramic cpu processors scrap, motherboard scrap, used cars, energy drinks, confectionary nutella, chickens feet, chicken wings, chicken paws, drinking water, icumsa sugar 45, yellow corn
Aluminum, Copper, Steel Scraps, Cast Iron, Used Battery And Motherboard.
Laptops desktops printers accessories
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.
