Aluminum Ingot, Copper Scrap, Copper Cathode, Ac Compressor Scrap, Aluminum Scrap, Aluminum Wire, Used Car Battery, Aluminum Wheels Scrap, Ubc Can Scrap, Used Rails, Copper Rod, Copper Plates, Icumsa Sugar, Orange, Lemon, Garlic, Cashew Nuts, Nutella Chocolate, Refined Sunflower Oil, Betel Nuts, Almond, Agar Wood Oil, Natural Honey, Dates, Palm Oil, Animal Feed, Yelow And White Maize, Soybean, White Flour, Hardwood Charcoal, Hdpe Granules, Ldpe Film, Occ/onp Waste, Alfalfa Hay, Pet Bottles
Aluminum copper radiator scrap
Aluminum scrap, copper scrap
Fresh red onion, garva pink onion, fresh small sambar onion, shallot onion, fresh potatoes, fresh ginger, fresh garlic, dry ginger, fresh green chilli, dry red chillies, red chilli powder, fresh turmeric finger, turmeric powder, fresh bay leaf, white sugar m30 & s30, black pepper, refined palm oil and fresh vegetables & fresh fruits and spices and industrial raw material like iron scrap, aluminum scrap, silicone rubber scrap, uncured rubber scrap from tyre plants rejected latex gloves scrap
Copper, tin and tungsten, copper ashes, copper dross, copper residue, copper sludge, nickel alloy 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.
