Table of Contents:
- Iron Scrap Rates Month-Wise Trend
- Price of 1 kg of Iron Scrap in India Today
- Price of Iron Scrap in Bangalore
- Price of Iron Scrap in Mandi Gobindgarh
- Price of Iron Scrap in Mumbai
- Price of Iron Scrap in Hyderabad today
- Price of Iron Scrap in Chennai
- Price of Iron Scrap in Delhi
- Price of Iron Scrap in West Bengal
- How to Buy or Sell Iron Scrap in India: A Simple Guide
- Key Documents Required for Iron Scrap Trade (Bulk Buyers & Sellers)
When it comes to initiatives on metal recycling, iron scrap plays a vital role. Put simply, iron scrap is discarded iron. With recycling, it can find new life. There are different types of scrap iron – bundled scrap, heavy metal, turnings, etc., each requiring different recycling processes.
The demand for iron scrap has been stable over time, with scrap iron prices ranging between ₹28 and ₹38 per kg in India. There are other grades of iron scrap and MS scrap available, their prices varying as per their quality, availability, purity, and other parameters.
Let’s take a look at the iron scrap rate today in top cities, understand iron scrap price trends, and what to expect in the future.
Iron Scrap Rate in India (May – July 2025)
Scrap Type | May 2025 Price (₹/kg) | June 2025 Price (₹/kg) | July 2025 Price (₹/kg) |
HMS 1 Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
HMS 2 Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
P&S Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
Shredded Scrap | 37 – 43 | 37 – 42 | 37 – 42 |
Melting Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
End Scrap | 25 – 32 | 25 – 32 | 25 – 33 |
CRC Scrap | 28 – 33 | 28 – 33 | 28 – 33 |
Iron Scrap (Standard) | 25 – 32 | 25 – 32 | 25 – 38 |
Iron Scrap (>95% Pure) | 33 – 37 | 33 – 37 | 33 – 38 |
Iron Scrap (Industrial) | 38 – 45 | 38 – 44 | 38 – 44 |
Cast Iron Scrap (Industrial) | 30 – 35 | 30 – 34 | 30 – 34 |
Cast Iron Scrap (Foundry) | 22 – 27 | 22 – 27 | 22 – 28 |
MS Iron Scrap (Industrial) | 28 – 33 | 28 – 33 | 28 – 32 |
Iron Sheet Scrap | 37 – 43 | 37 – 42 | 36 – 40 |
Note: The prices are indicative and may vary based on the order quantity, dealer, and location. For precise and up-to-date pricing, contact the authorised distributors
This provides a comprehensive overview of price trends for the last three months and the current month’s rates (July 2025).
Also read: Mandi Gobindgarh rates today – Iron scrap, MS ingots, MS billets
Price of 1 kg of Iron Scrap in India Today
The rate of iron scrap fluctuates based on market conditions, domestic demand, availability, and the type of scrap.
The cost of a kg of iron scrap in India as of July 2025 is ₹25 to ₹44, depending on the type and quality of scrap.
For most standard iron scrap (HMS 1, HMS 2, melting scrap) the approximate cost is ₹28 to ₹33. For premium grades of iron scrap, there is the highest cost structure, with industrial iron scrap and >95% pure iron scrap selling for as much as ₹44.
The price varies greatly across cities, and the purity/percentage of iron content and the type of scrap. As a buyer/seller of iron scrap, it’s recommended to understand the grade of scrap first before buying/selling.
Factors Affecting Iron Scrap Prices in India
- Type and Grade of Scrap: Pricing can vary for HMS 1, HMS 2, shredded, CRC, cast iron, melting scrap, etc. Scrap material with the highest purity, or industrial grades, benefits from a price premium.
- Iron Content and Purity: Scrap that is >95% iron purity can receive a price advantage compared with mixed or low-grade scrap.
- Domestic and Global Demand: Rising demand from the construction, infrastructure, and manufacturing sectors may drive prices higher.
- Supply and Availability: Limited local scrap markets or a lack of local collection can substantially increase scrap prices.
- City and regional variations: Depending on logistics, local taxes, and availability from the city (for example, Mumbai and Kolkata), the scrap price can vary.
Tip: Always check the current rate and confirm the grade of the iron before selling or buying iron scrap.
Price of Iron Scrap in Bangalore
In Bangalore, Karnataka, the scrap iron price trend has been stable over the years. That is, between ₹25 to ₹32 per kg for standard iron scrap.
- Price of scrap iron with high purity (~95% or more): ₹33 to ₹38 per kg
- Price of industrial-grade scrap (iron sheet or heavy melting scrap): ₹38 to ₹45 per kg (industrial use).
Iron Scrap Type | Price per kg | Price per tonne |
Iron Scrap (Standard) | ₹25 – ₹32/kg | ₹25,000 – ₹32,000/tonne |
Iron Scrap (>95% Pure) | ₹33 – ₹37/kg | ₹33,000 – ₹37,000/tonne |
Iron Scrap (Industrial) | ₹38 – ₹45/kg | ₹38,000 – ₹45,000/tonne |
Cast Iron Scrap (Industrial) | ₹30 – ₹35/kg | ₹30,000 – ₹35,000/tonne |
Cast Iron Scrap (Foundry) | ₹22 – ₹27/kg | ₹22,000 – ₹27,000/tonne |
MS Iron Scrap (Industrial) | ₹28 – ₹33/kg | ₹28,000 – ₹33,000/tonne |
Iron Sheet Scrap | ₹37 – ₹43/kg | ₹37,000 – ₹43,000/tonne |
*Prices are indicative and subject to change. Does not include tax, freight, packaging, and other charges. It can vary based on seller, location, and type. Please check with your iron scrap seller on final prices.
Also read: Daily steel prices in Bangalore
Price of Iron Scrap in Mandi Gobindgarh
Known as the steel city of Punjab or ‘loha mandi’, Mandi Gobindgarh is a leading steel hub in India. Along with Ludhiana, it remains a popular place for procuring steel and iron, especially in northern India. From cast iron scrap to MS scrap, there are different types of scrap iron that can be found here.
- Old scrap (loha) rate today: ₹25 – ₹32 per kg
- High-purity iron scrap (industrial loha): ₹33 – ₹38 per kg
- Cast iron scrap (industrial, 80%–90% iron): ₹30 – ₹34 per kg
- Cast iron scrap (foundry use): ₹22 – ₹28 per kg
Also read: Mandi Gobindgarh steel ingot price today
Apart from Mandi Gobindgarh, iron scrap is also available in other cities of Punjab, namely Ludhiana, Amritsar, among others. The price of iron scrap is relatively consistent across the cities with minor variations based on demand, iron scrap purity, grade (e.g., industry/foundry grade), and other factors.
Today Iron Scrap (Loha) Rate per kg in Punjab
City in Punjab | Iron Scrap Price per kg | Iron Scrap Price per tonne |
Ludhiana | ₹33 – ₹42/kg | ₹33,000 – ₹42,000/tonne |
Jalandhar | ₹36 – ₹40/kg | ₹36,000 – ₹40,000/tonne |
Amritsar | ₹33 – ₹40/kg | ₹33,000 – ₹40,000/tonne |
(Old iron scrap) | ₹33 – ₹38/kg (corrected) | ₹33,000 – ₹38,000/tonne |
Hoshiarpur | ₹33 – ₹44/kg | ₹33,000 – ₹44,000/tonne |
*Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.
Price of Iron Scrap in Mumbai
Though there have been minor fluctuations in rates, the scrap iron prices per kg in Mumbai have been consistent over the months. The demand for scrap iron has been steady, considering its use in several sectors, including manufacturing and construction (especially in road and bridge construction). There are several reliable iron scrap distributors in Mumbai who offer different grades and types of scrap iron, with varying pricing points.
- Price of standard scrap iron: ₹25 – ₹32 per kg
- Price of high-purity iron scrap: ₹33 – ₹38 per kg
- Price of industrial-grade iron: ₹38 – ₹44 per kg
*Prices are indicative and subject to change. Please verify the final rate card with your iron scrap seller or distributor.
Iron scrap rate today per kg in Mumbai
Iron Scrap Type | Price per kg | Price per tonne |
Iron scrap (standard) | ₹25 – ₹32 | ₹25,000 – ₹32,000 |
Iron scrap (for the metal industry) | ₹33 – ₹38 | ₹33,000 – ₹38,000 |
Iron scrap (shredded) | ₹37 – ₹42 | ₹37,000 – ₹42,000 |
Cast iron scrap (industrial) | ₹30 – ₹34 | ₹30,000 – ₹34,000 |
MS iron scrap (construction grade) | ₹28 – ₹34 | ₹28,000 – ₹34,000 |
MS iron scrap (sheet metal) | ₹35 – ₹39 | ₹35,000 – ₹39,000 |
Sheet iron scrap (industrial grade) | ₹38 – ₹44 | ₹38,000 – ₹44,000 |
Mild Steel MS scrap rate (overall) | ₹28 – ₹44 | ₹28,000 – ₹44,000 |
*Prices are indicative and subject to change. Please check with your iron scrap seller/distributor for the final rate card.
Also read: Steel price list in Mumbai and Pune
Price of Iron Scrap in Maharashtra
While Mumbai is one of the most popular cities in Maharashtra for procuring iron scrap, other cities like Pune, Satara, Thane, and Jalna are close behind.
Today iron scrap rate per kg in Maharashtra
City in Maharashtra | Iron scrap price per kg | Iron scrap price per tonne |
Pune | ₹29 – ₹42 | ₹29,000 – ₹42,000 |
Thane | ₹33 – ₹39 | ₹33,000 – ₹39,000 |
Satara | ₹32 – ₹42 | ₹32,000 – ₹42,000 |
Satara (cast iron) | ₹30 – ₹35 | ₹30,000 – ₹35,000 |
Jalna | ₹34 – ₹44 | ₹34,000 – ₹44,000 |
Jalna (iron/steel scrap) | ₹40 – ₹45 | ₹40,000 – ₹45,000 |
*Prices are indicative and subject to change. Please check with your iron scrap seller for the latest rates.
Price of Iron Scrap in Hyderabad today
Hyderabad is the next city that is on our list for the scrap price trends in 2025. Based on the grades and purity of iron content, scrap iron prices vary widely in the city. As a pro-tip, when procuring iron scrap, ensure you check the minimum order quantity. Some sellers offer the best rates only on a minimum order quantity.
Iron and MS scrap rate today in Hyderabad, Telangana
Scrap Type | Price per kg (₹) | Price per tonne (₹) |
General MS / Grey Iron Scrap | ₹25 – ₹30 | ₹25,000 – ₹30,000 |
Metal Sector / Industrial Scrap | ₹28 – ₹32 | ₹28,000 – ₹32,000 |
Cast Iron Scrap (Foundry Grade) | ₹25 – ₹35 | ₹25,000 – ₹35,000 |
Cast Iron Scrap (Industry Grade) | ₹34 – ₹39 | ₹34,000 – ₹39,000 |
MS Scrap (Overall Industrial) | ₹24 – ₹36 | ₹24,000 – ₹36,000 |
*Prices are indicative and subject to change. Please check details on prices, taxes, freight, and other charges with your iron scrap seller/distributor.
Price of Iron Scrap in Chennai
Chennai, the capital city of the southern state of Tamil Nadu, has a flourishing industrial and commercial outlook. Its robust economy is built around multiple thriving sectors, including automobile, software services, manufacturing, textiles, and more. Not surprisingly, the demand for iron and steel has been a constant in the city, with visible signs of steady progress.
Let’s take a look at the iron scrap rate in Chennai.
Iron scrap rate per kg in Chennai
Iron Scrap Type | Price per kg | Price per Tonne |
Color‑Dark Grey Scrap | ₹30 – ₹35 | ₹30,000 – ₹35,000 |
Heavy Metals Scrap | ₹27 – ₹32 | ₹27,000 – ₹32,000 |
Metal Industry (High‑Purity) | ₹36 – ₹40* | ₹36,000 – ₹40,000 |
Fine Slag-Type Scrap | ₹30 – ₹35 | ₹30,000 – ₹35,000 |
MS Industrial Grade Scrap | ₹32 – ₹38 | ₹32,000 – ₹38,000 |
Sheet Iron Scrap | ₹36 – ₹40* | ₹36,000 – ₹40,000 |
Brown Iron Scrap | ₹30 – ₹34 | ₹30,000 – ₹34,000 |
*Prices are indicative and subject to change. Please check details with your iron scrap seller for final prices and taxes, freight, and other charges.
Also read: Daily steel price per kg in Chennai
Price of Iron Scrap in Delhi
Delhi is often considered the largest commercial centre in northern India. Strategically located, its proximity to other business and industrial centres, namely NCR, Ghaziabad, Noida, and Gurgaon, adds to its growing economy.
From construction and real estate, to logistics, infrastructure development, tourism, agri, and processed food, the demand for steel, iron scrap, MS scrap, and other metals has been promising over the years. We take a look at the prices of ‘raddi’ or scrap in Delhi/NCR.
Price of iron scrap in Delhi/NCR
Scrap Type | Price per kg (₹) | Price per tonne (₹) |
Ferrous Iron Scrap | ₹33 – ₹38 | ₹33,000 – ₹38,000 |
Foundry Iron Scrap | ₹25 – ₹32 | ₹25,000 – ₹32,000 |
Old Iron Scrap | ₹33 – ₹38 | ₹33,000 – ₹38,000 |
Galvanised / Metal‑sector Scrap | ₹33 – ₹38 | ₹33,000 – ₹38,000 |
Drum Sheet Iron Scrap | ₹36 – ₹40 | ₹36,000 – ₹40,000 |
Angle Iron Scrap | ₹27 – ₹33 | ₹27,000 – ₹33,000 |
Recyclable Iron Scrap | ₹28 – ₹34 | ₹28,000 – ₹34,000 |
*Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality, and other factors before purchase.
Also read: Check the latest steel prices per kg in Delhi
Price of Iron Scrap in West Bengal
Kolkata, Hooghly, Howrah, Durgapur, Haldia, and Asansol are some of the popular cities/towns/districts in West Bengal with prosperous commercial and industrial activities. Steel production, manufacturing, engineering, logistics, and shipbuilding. These are some of the sectors in the state that make the demand for steel and iron steady.
Scrap iron price in Durgapur
Scrap Type | Price per kg (₹) | Price per tonne (₹) |
Metal‑industry Scrap | ₹32 – ₹34 | ₹32,000 – ₹34,000 |
MS Scrap (Industrial Grade) | ₹31 – ₹34 | ₹31,000 – ₹34,000 |
Sheet Iron Scrap | ₹32 – ₹36 | ₹32,000 – ₹36,000 (upper limit) |
Cast Iron (“burada”) | ₹30 – ₹35 | ₹30,000 – ₹35,000 |
Brown Iron Scrap | ₹30 – ₹33 | ₹30,000 – ₹33,000 |
*Prices are indicative and subject to change. Consult with your iron scrap seller for final prices, quality, and other factors before purchase.
In general, today’s iron scrap rate per kg can start from ₹25 per kg and go up to ₹42 per kg based on the grade/purity of iron scrap. There are more expensive grades priced between ₹45 per kg and ₹60 per kg, depending on the quality of the alloy.
It’s recommended to buy scrap based on the project’s needs and not settle for the most affordable option. When buying iron scrap, check for:
- Scrap type and source (e.g., sheets)
- Purity of iron (e.g., 80% or 90%)
- Availability
- Minimum order quantity
- Other features (e.g., recyclable)
How to Buy or Sell Iron Scrap in India: A Simple Guide
Whether you are a small business, shredding facility, clearing old equipment, or a metal recycling company, buying or selling iron scrap in India can be painless as long as you know the steps to follow.
Selling Iron Scrap? Here are some steps to get started:
- Sort and identify the type of scrap you have. For example, cast iron, MS scrap, sheet metal, etc.
- Get the scrap weighed from an authorized certified weighbridge or local scrap yard.
- Find out the price for today (similar to the ones mentioned above) to assist you in deciding if you are getting a fair deal.
- Refer to verified dealers or buyers in your city, or explore online profiles.
- Ensure you have proper paperwork, including an invoice, identity proof, and payment receipts.
Shopping for Iron Scrap? Here’s what to consider:
- Identify the type and grade of iron that fits your needs. (Is it industrial, cast, sheet, etc.)
- Compare prices from other suppliers and vendors to ensure you obtain value.
- Ask for details about quality or purity, especially if the scrap is for bulk or industrial use.
- If you are moving scrap across states, be mindful of e-way bills, GST invoices, or any other necessary documentation.
Key Documents Required for Iron Scrap Trade (Bulk Buyers & Sellers)
When dealing with bulk iron scrap for recycling, resale, or manufacturing outlets, you will need some paperwork. Having the necessary paperwork ensures that you meet legal requirements and also helps you avoid fines as you transport and audit your inventory.
You will likely need the following items:
- GST Registration: To make B2B purchases, invoices, and claim input credit.
- PAN & Aadhaar: For Identification and KYC requirements, especially when dealing with dealers or forums and platforms.
- Purchase/Sales Invoice: For accounting and taxation. Must include all scrap categories.
- E-way Bill: For the movement of the scrap across city/state lines (if the consignment is worth more than ₹50,000).
- Pollution Board Clearance: Required in some states if you are operating a full-blown scrap yard or dealing with industrial waste.
Always keep your digital copies on hand and inspect all documents before scheduling transport. It will save you time and hassle at check posts or with buyers.
What drives the daily fluctuation of scrap iron prices in India?
Is iron scrap permitted to be exported from India in 2025?
How do I see live iron scrap rates in my city?
Do I have to pay GST on iron scrap purchases?
What’s the difference between MS scrap and cast iron scrap?
Can small MSMEs purchase iron scrap from manufacturers?
Is it profitable to recycle iron scrap in India?
What quality checks are done before buying iron scrap?
Are there seasonal patterns for iron scrap prices in India?
I want to start an iron scrap trading business in India. Where do I start?
Sohini is a seasoned content writer with 12 years’ experience in developing marketing and business content across multiple formats. At Tata nexarc, she leverages her skills in crafting curated content on the Indian MSME sector, steel procurement, and logistics. In her personal time, she enjoys reading fiction and being up-to-date on trends in digital marketing and the Indian business ecosystem.
Interesting to see the relative stability of prices across certain cities like Bangalore and Mumbai, while others show slight variations. I am in Hyderabad, what are the price range Hyderabad?
Prices vary based on multiple factors and to get the real-time discounted price, please get in touch at +91 626 955 5606 or fill out the form above, and our representative will call you back with details.
Any ms/ iron/ metal Scraps buyers/ recyclers/ industries in siliguri or West bengal side?
Please contact me.
Please send your contact number
call me
+91-9719205643
मैं रेलवे के स्क्रैप का सरकारी खरीदार हूँ जो भी रेलवे का स्क्रैप खरीदना चाहते हैं ओ अपना जगह और क्वांटिटी बताए मैं वहां माल देने की कोशिश करूंगा l
नोट: केवल जेनुआन खरीददार लोग ही संपर्क करे
Contact no:- 09999628489
Your Number is not working. Please give correct number
Are there backup plans for getting scrap metal if our usual supplier runs out or their price gets too high?
Yes we have a good network of suppliers who can help you in procuring the scrap metal at best prices. Give us a miss call on +91 626 955 5606 and our representative will be touch with you.
We are Manufacturer of All Kinds of metal chains and Accessories Supplies
Comment 9794066669
Contact number send me
Can Tata nexarc help me source scrap iron from local suppliers in Chennai or is it primarily focused on national-level procurement?
Tata nexarc primarily facilitates national-level procurement. However, their blog (https://blog.tatanexarc.com/da/iron-scrap-rate-today/) provides daily price trends for scrap iron in major cities like Chennai. Check that out
It would be great if you could list the prices of more states and where to procure high purity scrap steel in those states. Asking for a metal fabrication business in Patna.
That is a good idea, we will surely consider. Meanwhile, please submit your requirements here – https://www.tatanexarc.com/buy/inquiry-form/ One of our representatives will be in touch with you.
Please contact me on 9839035760
why in pune the scrap prices show 39000/- max but when i try to sell it is 36.26kg only. i have a forging industry and have lot of iron end pcs,flash and rejection
What type of scrap do you generate? We can buy the same if you can give me material composition.
With global supply chains still recovering and demand for raw materials rising, it’s no surprise that iron scrap prices continue to be volatile. In Ghaziabad loha mandi, it is really volatile as suppliers demanding anything nowadays.
Ductile Iron Scrap Rate today
Hi Vinod, you can get quotes from multiple suppliers on Tatanexarc.com but you will have to sign up and add your requirement we are not sure about the details like your location, logistic cost etc…
Here is the link to provide details – https://www.tatanexarc.com/buy/inquiry-form/
I have a thread mill which is to be scrapped down, can any body give me the best price,so that I can call and proceed further.