Dry goods such as california grown dates, almond, nutella, pistachios, guatemala green cardamom, agricultural products soybean, wheat, corn, other products, scrap metal such as HMS1&2, copper, aluminum, electrical machinery, equipments, electro medical equipments
Copper scrap, aluminum scrap, plastic scrap
HMS scrap, iron ore, minerals, metals, chemicals, agri products
Cgi , brass , aluminium casting parts
Aluminum scraps, copper scraps, iron scraps, steel scraps
Electronic Parts Scrap, Motherboard, Hd, Ram, Power Supply
Stainless steel scrap, rail track scrap
Metals and minerals like metal scraps, aluminium scrap, aluminium ingots, copper wire scrap, copper cathode, copper ore, zinc, lead, HMS 1&2, Cobalt
Billets, blooms, ingots in alloy & stainless steel scrap
Steel scrap, HMS 1, 2, rebar, PNS
PET bottle scrap, HDPE and LDPE virgin and recycle, PP bags, ferrous and non-ferrous metals.
Jet fuel a1,mining equipment, r50 and r65 used rail scrap, copper scraps and cathode
Manufacturer of health and sport supplements in canada., exporting ferrous and non ferrous scrap, electric motors, transformers, alternators, starters, compressors, tungsten drill bits, titanium scrap etc., cast iron, hms, pns, rebars, steel pipes scrap, used rail scrap
RAM scrap, processor scrap, copper scrap, iron scrap, aluminum scrap.
Aluminum scrap, hdpe regrind, ldpe regrind, hdpe lumps, ldpe lumps,
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.
