Metal scrap, plastic scrap, battery scrap, copper scrap, used car, used truck, used crane, used excavator
Cement, steel bars, railway rails, billets, copper, aluminum, plastics, scraps, and fertilizers.
Scrap material, copper wire, copper cathode, aluminium scrap (wire and rims), used battery scrap, occ paper scrap, paraffin wax, bees wax, minerals(copper ore, lepidolite ore, muscovite mica)
Agricultural & Industrial Fertilizer, Agricultural & Industrial Chemicals, Organic & Inorganic Chemicals, Herbicide, Pesticide, Insecticide, Homogeneous Metal Scrap, Steel, Iron, Aluminum & Copper Scrap
Cashew Nuts, Sisal Fiber, Battery Scraps, Used Rails Scraps, Aluminum Wire Scraps, Almond Nuts, Cloves, Macadamia Nuts, Black Pepper, White Pepper
Metals, Electronic Scrap, Plastics, Computer Equipment, Peripherals, Lcd Led Tv.
Tire, paper and cardboard, battery scrap, metal scrap, plastic scrap, clothing and textiles, wood and timber, used oil, glass
Metal scrap, lead scrap, plastic scrap, paper scrap, copy paper, apparel like jeans, T-shirts, battery scrap, chemicals
Aluminum scrap from 1~6 series, aluminum ingots, adc12.
Used rail scrap, copper, scrap ships
Iron, steel scrap
Metal scraps, copper scrap, aluminum extrusion 6063 scrap, brass scrap
Aluminum scrap, compressor scrap, brass scrap and copper scrap.
Used Rails, Copper Scrap, Used Battery, Hms1/2, Aluminum Scrap.
Scrap like aluminum, copper scrap
Aluminium & copper scrap
Aluminum and iron scrap
Steel scrap, copper shreds scrap
Copper millberry scrap, UBC aluminum scrap
Copper scrap, aluminium scarp
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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