HMS1& 2, iron scrap, & LMS bale scrap
Metal scraps like aluminum, copper scrap
HMS, iron and steel scraps of all kinds
Stainless steel, HMS, tool steel, alloy steel scraps
Hms scrap, copper wirescrap, sugar, urea
Metals scarp like zinc ash, zinc dross, copper, aluminum, steel and many other metals.
Copper Wire Scrap,Copper Scrap,HMS,Metal Scrap
Copper Wire Scrap,Copper Scrap,HMS,Metal Scrap
Aluminium & copper scrap, metal scrap and plastic raw materials, and plastic scrap, aluminium scrap ubc(used beverage cans), aluminium tense and tabor
R50 & R60 rail steel
High speed steel scrap (m2, t1 etc), high temperature alloys (ni, co, tungsten), yellow brass scrap
Electric motor scrap, compressor scrap, electric wires scrap, hamalyan salt, pink salt
Non ferrous metal scrap ( copper, brass, aluminium, zinc, lead, copper ingot 99.99% , copper wire 99.99% )
Metal scrap, rails r50 r65 , copper cathode, copper wires
Zinc, copper, nickel, mill scale, steel scrap
Shredded steel scrap, aluminium scrap, copper scrap, hms scrap, zinc scrap, etc.
Metal scrap, aluminium scrap, plastic scrap, copper scrap, medicals equipments, HMS 1 & 2, copper wire scrap, used rail, aluminium scrap, LDPE plastic, HDPE plastic, pet flakes, AC & fridge compressor scraps, drained battery scraps
Scrap metal, aluminium scrap, copper scrap, steel scrap, stainless steel scrap
Scrap metal, aluminium scrap, copper scrap, steel scrap, stainless steel scrap
Millets, grains, chickpeas and other food items. wood pulp kraft paper ferrous metal scrap salt non ferrous metal scrap waste paper
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.
Click here to know more about metal scrap related Q&A.
