Copper Cathode, Aluminium Ingot
Ubc scrap
Cobalt, nickel contained scrap
Trading Aluminum Ingot A7, Aluminum Scrap, Non Ferrous Metals Ore And Concentrate Like Copper, Zinc, Lead, Nickel,
Brazilian Sugar, Soybeans, Corn.
Iron scrap
Copper scraps,ã??wires, talk bales, millberry, candy,
Aluminum ingot, copper scrap (millberry), iron(used rails)
Used rail, medical supplies
Petcoke, pvc regrinds, pet flake, plastic recycled, iron ore, iron scrap, steel scrap, copper scrap, copper ore, copper cathode,hms1/2, aluminium scrap, copper wire, wood shaving, silica sand, coca cola, soft drink
Non-ferrous Scrap
Copper millberry scrap
Insulated Copper Wires (All types)
Aluminium Ubc, Ubc Ingots
Scrap material, copper wire, copper cathode, aluminium scrap (wire and rims), used battery scrap, occ paper scrap, paraffin wax, bees wax, minerals(copper ore, lepidolite ore, muscovite mica)
Aluminum scrap from 1~6 series, aluminum ingots, adc12.
Copper, containing sludge, copper slag, pcb scrap, labels, copper radiator scrap
Used laptop, used ipad
Urea, cement, coconut products, condiments, sunflower oil, mushroom, olive oil, metal scrap (hms and rails), sugar and oil products (lng, lpg and mazut)
Tyre Scrap Steel Tire Wire Scrap
Wood pellet, firewood, charcoal, wood briquette, sawdust and wood shaving, sunflower oil, corn oil, olive oil ,pet bottle scrap,pet flakes,pvc scrap,pp scrap,hdpe scrap,ldpe srap
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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