Electric motor scrap
Electric motor scrap
Lead Screw Rod, Threaded Rod.
Flat steel, long steel, tubular steel, engineering steel, semi-finished steel, ferrous and non-ferrous steel scrap, tin plate, tin free steel, tin mill black plate, galvanized steel, i beams, h beams, hot rolled coils, cold rolled coils, m&s sheets, angles, channels, hollow sections, bars
Used rails, scrap steel, hms1, hms2, copper cathode, petroleum products
Hdpe Wax / Ldpe / Ldpe / Ldpe Reprocess / Pp Reprocess / Hdpe Blue Drum Regrind / Hdpe Milk Bottle / Pet Bottle / Pet Granules / Pet Prefrom / Hips / Occ / Hdpe 100 / Hdpe 100 Reprocess / Paper / Used Beverage Cans
Textiles, Fabrics, Textile Waste, Medical Related Items, Machinery, Soft Commodities, Ferrous Alloys
All kinds of plastic scrap, copper scrap, diesel
Animal feed (alfalfa hay, rhodes grass, wheat straw)
used rails r50, r65, jet fuel a 1, diesel d6, diesel en 590, pet coke, urea, icumsa sugar 45, brown sugar
yellow corn (human consumption+animal feed)
soybean (human+animal), wheat, indian rice, chicken (paws, feets, mjw), aluminium ingots a7, copper cathode, sunflower oil, palm oil, rapeseed oil
Aluminum Ash And Glass Scrap
Stainless steel utensils like bowl, spoon,stainless steel bowl,stainless steel plates,stainless steel spoon,stainless steel utensils
Aluminum, brass and copper bars,aluminum bars,brass bars,copper bars
Laptop Scrap Computer Scrap Computer Monitors Computer - Motherboards Containers RAM Scrap Computer CPU Used Computers & Hardware
100% clear pet bottles plastic scrap
Grade aa pet water plastic bottles scrap clean
Pet bottle bales scrap
Heavy melting steel scrap, petroleum chemicals
Cables and electric wire scrap
Mix electric motors, ac fridge compressor
Computers, printers, copiers, toners, used electronic scrap, metals like zinc, copper, aluminum, silver, used electrical machines, construction machines
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.
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