Aluminium tense, trump, extrusion 6061, wheel, taint tabour, remelted lead ingots, refined lead ingots, zinc ash, zinc dross
Metal scrap, used rail, new rail, aluminum, copper cathode, copper scrap, copper wire, copper ore, iron ore, sesame seeds, sisal, wheat, cooking oil, sunflower oil, sunflower seeds, soybean seeds, fly ash, coal, cement, clinker, timber, hardwood, aloe vera, myrrh resin (commiphora myrrha) extracts, frankincense, gums, charcoal briquettes, goat meat, beef, alfalfa hay bales, lucerne hay, camel meat, avocados, cut flowers, soybeans, cumin, sugar, white & yellow maize, tea, coffee, black pepper, cardamom, chickpeas, cotton seeds, flax seeds, white pepper, vanilla, beans, sisal fiber, cinnamon, cloves, essential oils, cashew nuts, red kidney beans, macadamia, cobalt, coltan, lithium ore, light cycle oil, diesel en590, euro 6, gas oil, virgin fuel oil d6, aviation kerosene, jet fuel a1, liquefied petroleum gas, liquefied natural gas, crude oil, petroleum coke, granular urea, automotive gas oil (ago), cowpeas, beans, aircraft charters, livestock charters, shipping slots, warehouse space.
Xlpe cable scrap and xlpe lump
Refurbished desktop and laptops e waste
Aluminium Tense, Wire And Ubc Scrap.
Cable pvc (soft pvc) and xlpe (cable scrap)
Copper scrap and silica gel
Ceramic CPU gold scrap and brass gold coated scrap, copper gold coated scrap
New copper wires of 8mm, minimum 99.93%.
Electric motor scrap, alternator scrap, self starter, dc motor scrap, motor scrap
Aac conductors aaac conductors acsr conductors copper cable scrap aluminium cable 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.
