Aluminium dross and aluminium boring scrap
Used rails, HMS 1&2, milberry wire scrap copper, copper cathode
Copper wire scraps , copper cathodes and aluminum wire scraps.
Urea n46, npk, sulphur, copper concentrate, iron ore, hot rolled coil/sheet, road salt, molybden, aluminium coils, nano copper powder, chromite, bitumen
Stainless Steel Scrap And High Percentage Nickel Alloys, Nimonic 80a, Nim 75, I 625, I 600, Hast Alloys, Wasp Alloys, Monel 400, Udimitt 500, Ss 330, I 713, I 718
Electronic wastes, pcb, computer motherboard scraps, phone scraps, ram, cpu, motherboards, sim cards, plastics scraps, pet flakes, pvcs, hdpe, ldpe, plastic pellets, granules and regrinds, metal scraps, aluminum, copper, stainless steels, brass scraps.
Iron scrap and ship scrap
Copper scrap, brass scrap, battery scrap, aluminum scrap, alloy scrap
Food pots, plastic plates, tea cups
Pet bottle scrap flakes,hdpe scrap,ldpe scrap,pet scrap,pet waste,plastic scrap
Ldpe plastic scrap and lumps, hdpe scrap, ldpe plastic scrap, ldpe scrap, pet scrap, pet waste
Hdpe milk bottle scrap,hdpe scrap,ldpe scrap,pet scrap,pet waste,plastic scrap
Cell phone scrap, cell phone battery scrap
Copper millberry wire scrap and lead battery scrap
Mobile battery scrap.
Mobile phone battery scrap
Mobile phone battery scrap
Lithium laptop mobile phone battery 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 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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