Electric motors scarp, starters motors scarp & sealed compressor scrap, auto engine scrap
Bronze Bars.
Zinc ash, zinc powder
Carbon anode scrap, wooden pallets scrap, tpr scrap, galvanized scrap, hdpe blue drum, manganese scrap, laptop battery scrap, cpu scrap, battery scrap, pipe scrap, pp bags scrap, ram scrap, broken solar cell scrap, rubber scrap, ms scrap, iron wire scrap, aluminum scrap, aluminum ingot, brass scrap, copper scrap, stainless steel scrap, shredded scrap, pu foam, paper waste, computer scrap, pet bottle and hms
Nonferrous metal scrap, car parts scrap,(motor scrap,battery,harness etc.
Used and surplus casing tubes from 5" to 13 3/8"
Copper scrap, aluminum scrap, compressor scrap, hdpe scrap, ldpe film scrap
Titanium shavings and titanium scrap, aluminium can scrap
Long grain super karnal basmati rice, aluminium metal finish cookware sets, ceramics bath basin & pedatal
Coltan, copper, copper millbery, copper cathode, cast aluminium, drains car battery, hms 1&2 scraps
Aluminum ubc / aluminum ubc scrap
Aluminum ubc scrap bale
Steel scrap
Copper millberry scrap
High purity copper wire scrap
Millberry copper scrap 99.99%
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.
