Stepper motor, stepper motor driver
Steel structure, electronic scrap
Insulated copper wire & steel scrap & aluminum alloy scrap
Honey Salt Rice Himalayan Salt Packaging Items & Containers Food Packaging Bags Steel Steel Billets Metal Scraps Food Packaging Foil Pink Salt Food Packaging Boxes Used Rail Scrap
Raw Materials Wire Bar/Rod, Strip/coil, Sheet/Plate ,Metal Powder , Materials: Stainless, Copper & Copper Alloy Like Brass, Bronze, Nickel Silver, Etc, Nickel And Nickel Alloy, Carbon And Alloy Steel, Special Metals, Products For Heat Exchanger, Pressure Vessel And Pipeline, Products For Building & Architecture
Battery Scraps, Copper, Used Laptops, Electronic Scraps
Copper cathodes, millberry copper, manganese ores, millberry wire and cable copper scrap
Used construction equipment, battery electronic chipset scrap
Enamelled wire, varnished wire, aluminium ingot
Iron ore powder. billet steel
Aluminium sheet, aluminum plate, aluminum circle, aluminum disc , aluminum tape, tread plate, aluminum strip , aluminum foil, aluminum alloy
Pet bottle scrap flakes, hdpe, pp, ldpe, batteries
Construction and building products, metal ion steels, electric electronic products, industrial products, textile products, agro supplies, food industry, and energy sector.
Fireplace accessories, iron, steel, brass, bearing, agricultural machine accessories like cast iron earth furrow wheel, cambridge roller and breaker rings, tractor parts
Copper scrap, copper wire, copper cathode, plastic scrap
Livestock, animals, goats, sheep, cows, wood pellets, euro1 pallets, sugar, feed soybean meal, alfalfa hay, dolce gusto machine, pine wood pellets, sunflower oil, scrap copper, electric motor scraps, fridge compressor, milk, eggs, a4 papers, pet flakes, confectionaries, chocolate, pentium pro cpu ceramic pu foam, fairly used cloths, aluminum scrap, aluminum foil paper, 6063 ubc cans, , motherboards, frozen pork, frozen chicken,frozen beef, fairly used cars, trucks, caterpillars, farm trucks,
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.
