Paper waste, plastic scrap, metal scrap
Petroleum, scrap, building material, automobile scrap
Aluminum ubc scrap used beverage can
Aluminum ubc scrap used beverage can,car and motorcycle parts (new and second hands)
Bulk aluminum metal scrap cans
Aluminum ubc scrap used beverage can
Recyclers offerrous scrap like HMS 1&2(80:20), cast iron scrap, car body bundles, non ferrous scrap like aluminium, brass, copper, stainless steel, plastic scrap, wood pellets 6mm & 8mm
Shredded 211 steel scrap, HMS 1/11, non-ferrous
Copper Scrap, Brass Scrap, Stainless Steel Scrap, Zinc Scrap , Aluminum Scrap & All Other Recycling Products
Scrap Compressor, Scrap Copper, Scrap Wire, Scrap Aluminum Etc.
High purity copper wire scrap
Steel Scrap Steel Scraps Steel Alloy Scrap Metal Scraps
Metal scrap, copper scrap
Hms 1 & 2, copper scrap, computer motherboard scrap, ceramic cpu scrap, etc.
Non Ferrous Metal Scrap ( Copper, Brass, Aluminium, Zinc, Lead, Copper Ingot 99.99% , Copper Wire 99.99% )
HMS 1 and 2 scrap, ferrous scrap, metal scrap, used rails
Brass and copper radiator scrap, brass scrap, copper scrap, HMS, metal 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.
