Scarp metals items electric motors & scrap elmo
Electric motors scrap, motor scrap
Electric motor scrap
Towels & Computer Scrap
Electronic scrap
Baby diapers bales scrap, copper wire scrap, compressor scrap, aluminum extrusion 6063 scrap, abs computer scrap , computer motherboard scrap, pvc pipe scrap, eps block scrap, pmmasheet scrap, battery scrap, tyre scrap, used electric motor scrap, paper scrap like occ, onp, oinp, yellow pages directories, omg, a3 / a4 waste office paper, kraft paper , wood scrap, hdpe milk bottles scrap, hdpe white buckets, hdpe blue & mix color drum scrap, ldpe film scrap, ldpe film roll scrap, pu foam scrap, pa finishing net scrap, nylon fishing net scrap, nylon 66 airbags, polycarbonate cd granules & polycarbonate clear flakes, used laptops, used photocopier, used crt monitors, used desktop cpu, photocopy machine
Metal and plastic scrap, ram memory scrap, cpu processor scrap, electric motor scrap with copper inside, aluminum ubc, aluminum wheel scrap, aluminum 6063, copper wire scrap, copper cathode, pvc window profile regrind, hdpe milk bottle scrap, hdpe blue drum scrap, pc water bottle scrap, pet bottle scrap, pet bottle flake, ldpe film roll.
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.