Pig iron, iron ore, welding wire, cold rolled full hard coils, tin ingot, hms1 - 2
Electrical & electronics, commodity trading, metal scrap, fertilizers & chemicals, kitchen & household appliances
Computer scraps, motherboards, copper wires scrap , copper millberry scrap
Secondary used surplus steel, electrical steel, transformer laminations, crgo, silicon steel cold rolled and hot rolled, seamless steel tubes, steel pipes scrap, transformers scrap, copper scrap, aluminium scrap, aluminium cable, copper cable, bright bars, black bars, shafts, stainless, brass, wire rope
Copper cathode, copper and aluminum scrap
Laptop battery scrap, scrap laptop hard disk, laptop scrap body and other products related to laptop.
Copper wire scrap millberry 99.9%, copper cathode, aluminium ingots, long grain rice, basmati rice, pineapple, ginger, fruites, garments, sunflower oil
Paper, rice, pulses, carpet yarn, aluminium extrusion materials, it equipments and accessories.
Electronic wastes, pcb, computer motherboard scraps, phone scraps, ram, cpu, motherboards, sim cards.
Steel, Prime Overrolled, Secondary Steel Products (hr / Cr / Galvanized Coils / Sheet), Hr Plate, Steel Scrap, Used Rail, H Beam, Sheet Pile
Plastic regrind, copper scrap and aluminum ingots
Ferrous and non ferrous metals scrap, iron slag, gi coils, aluminium coils, beam & sections, gi plate, pipes, tubes, billets
Ac motor compressor alternators scrap
Scrap of steel rails r65, solid mild steel (ms) or think iron
Aluminum extrusion 6063
Hms, aluminum scrap, tin can bundles
Electronic Wastes, Pcb, Computer Motherboard Scraps, Phone Scraps, Ram, Cpu, Motherboards, Sim Cards, Plastics Scraps, Pet fLakes, Pvcs, Hdpe, Ldpe, Plastic Pellets, Granules And Regrinds,
Metal Scraps, Aluminum, Copper, Stainless Steels, Brass Scraps.
Aluminium UBC Scrap Aluminium Extrusion Scrap Aluminum Brass
Paper waste scrap occ and onp and iron scrap.
Catalytic converter scraps
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.