Lpg, cng and diesel conversion kits, multivalve, ecu, reducer, filter, gas valve, mini blocks, fuel valve
Confectioneries, agricultural products, water, meat, frozen chicken, sugar, melt blown fabric, frozen pork
Pulses like chickpeas, vegetables like onion, mushrooms, broccoli, potato, spinach, cabbage, cucumber, bell pepper, pumpkin, lemon, sweet potato, beetroot, carrots, spring onion, mint, copper wire scrap, aluminium ubc cans scrap, and pet bottles and pet flakes scrap, herbs like neem, aloe vera, sage, giloy, curry leaves, carom, spearmint, dry fruit like cashew, walnut, almond, apricot, betel nut, dates, dry fig, hazelnut, pistachio, raisins, oil seeds like sunflower, soybeans, sesame, flax, safflower, groundnut, spring canola, grains and cereals like rye, corn/maize, oats, pearl millet, wheat, barley, fonio, sorghum, pulses like chickpea, peas, kidney beans, pigeon peas, black eyed beans/cowpea, field beans, spices like turmeric, ginger, cinnamon, nutmeg, cumin, black pepper, cloves, poppy seed, green cardamom, peppercorn
dry fruit like cashew, almond, apricot, dates, betel nuts, dry fig, hazelnut, pistachio, raisins
Cutter, syringe, strips, needles, thermometer, cannula, glucometer, harmonic focus shears, ace circulation, adhesive mini wrap, blades, blood collection tube, blood pressure monitor, nutella, onion, dried apricot, bioderma, sensibio
Sugar, dried apricots, edible or cooking oil, apricot kernel, fruits like apples, organic paints, cements, embossed doors, fire alarm and security systems
Rough gemstones mainly blue and green sapphire, green garnet, ruby, alexandrite, moonstone, sunstone, school writing chalks, black and green tea, coffee arabica and robuster dry beans and powder.
Fruit and vegetables, apples, avocado, beans, banana, dates, dried fruit. melons, mung beans, peppers, sprouts, carrots, cauliflower, cherries, coconuts, corn, cucumber, dates, dried fruit, kiwi, leeks, lemons, lychee, mandarins, oranges, mangos, mushrooms, onions, papayas, parsnip, passion fruit, peaches, pears, peas, pulses, chili, pineapple, plums, pomegranate, potatoes, pummelo, grapefruit, pumpkin, radishes, raisins, squash, sweet potato, tangelo, tangerines, tomatillo, tomato, turnip, watermelon grains: rice, pasta, oats, cereals, flour, barley, animal feeds, wheat, corn, rye, millet, sorghum dairy: milk powder, butter, cheese, ice cream, whey seafood: squid, mackerel, tuna, pompano, barramundi, shrimp, herring, capelin, pollock, tilapia, pangasius, mussels, crab, lobster whole raw & cooked atlantic lobster, pud, haddock, plaice, coley, cod, skate, hake. meat, beef, lamb, pork, chicken, mutton. consumer goods, machinery.
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.
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