Recycling material like OCC, PET, HDPE, paper, metal scrap
Hot rolled steel coils, cold rolled steel coils, galvanized steel coils, used rails, HMS, iron ore waste steel plate, waste plastic(LDPE)
HMS1 & 2, used rails, iron ore, copper ore
Scrap metal, iron ore, concrete, re-inforcing steel.
We need various scrap metals, aluminum alloy wheels, extruded aluminum
Copper Millberry Wire Scrap
Brass Scrap
Copper wire scrap and aluminium scrap 6063
Titanium Alloy Metal Alloys Titanium Products Nickel Alloy Nickel Scrap
Motherboards scraps, keyboards scrap, cd rom scraps, hard disks scraps, monitors scraps, electronic boards scraps
Waste paper, metal, plastic scraps, occ#11, occ#13, blank newspaper, white card paper;ldpe, hdpe, abs, copper scraps, eletric motor, eletric meter, transformer core
Remelted zinc ingot, zinctop, bottom dross, zinc oxide , aluminum ingots, al scrap: tt, extrusion, utensils, 6061, talk tally, trump, tense, telic puck, ...ss grade 304...
Carbon anode, carbon cathode, carbon cathode powder, used refractory bricks, refractory castable
aluminum ingot, aluminium sows
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.
