brass-scrap
Baled Tyres, 1st Cut Shredded Tyres, 50 75mm Shred, 20mm Wire Free Shred. Aliminium, Copper Scrap, Pet Scrap, Hdpe Scrap Ldpe Scrap.=
Used rail, wood chips, sulphur granules, copper cathodes, bauxite
Building Materials, Commodities, Steel Scrap, Non-Ferrous Scrap, Wood, MDF
Cng, garments, it, bitumen, scrap
Plastic Scrap, LDPE, Raffia bags, PVC pipes scrap
Used shoes & clothes, handbags, belts, scrap tires, metal scraps
Hms 1, lms, steel slag, ubc in press bundle, shared steel, steel brackets, new tin plate tps bundles, new cutting bundles, steel and iron briquettes, stainless steel of all kind , iron and steel scrap
Anode carbon scrap, aluminum dross
Electronic goods scrap like projector, monitor, desktop, laptop, lcd/led tv, mobile, tablets, printers
Unused and secondary quality of steel pipes, plates, and sheets, seamless pipes, HR steel coil, CR steel coil, galvanized and hot dip steel coil, stainless steel pipes and plates, ferrous and non ferrous scrap, heavy machineries and equipment
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.
