Metal scraps, spices, copper scrap, sunflower oil, sugar, meat & poultry, printing paper, rice, cashew nuts, seafood, dry fish, fishery, copper cathode, thai rice, lentils, chickpeas, pepper, tamarind flakes, tamarind, areca nut, beans, green tea leaves, green coffee, coffee, coffee beans, leather, corn
Paper serviette, toilet paper, tissue paper boxes, paper plates
Construction material and equipment, auto and machinery components, medical and health care, building material, fire extinguishers & products, textiles, automotive, paint, flooring, construction material, drywall, tile adhesive, bathroom accessories, generators, used machinery, cement, mortar, tile, pvc windows, pvc doors, interior doors, exterior doors, laminate flooring, agrofood, rice, wheat, icumsa 45, sugar, edible oils
Imitation beaded jewelry, handicrafts, artificial jewelry, fashion jewelry, wooden, brass, copper handicrafts, artificial flower torans, moti torans, decorative diyas, decorative envelopes, decorative wooden trays, decorative crystal photo frames, hand decorated gift sets, semi precious stone jewelry, pearl jewelry, rakhi, rakhi's, lumba, lumbas, rakhi platters, pooja thalis, kids rakhi, friendship bands.
Tyre repair patches and valkarn, bottle and floor jacks , used truck casings and used truck, tyres, used car tyres,used conveyor belts, used shredded tyre scraps,used tyre scraps,rubber powder,
convyor repair materials and adhesive in brand new of maruni brands
PPE , Condiments, Canned vegetables, Crabs , meat
Almond nuts, black pepper, honey, walnuts, cashew nuts, corn meal, fish meal, soybean meal, black raisins, golden raisins fresh garlic, fresh ginger, red chilli, okra, golden linseeds, green cardamom, green lentils, groundnuts, macadamia nuts, madagascar clove, red onions, sesame seeds, soybean meal, soybean seeds, pistachio, sisal fiber, vanilla beans, green asparagus, white pepper, yellow corn, kidney beans, red beans, speckled beans, white beans, corn oil, soybean oil, sunflower oil, vegetable oil, arabica coffee, robusta coffee, arowana fish, black tiger shrimp, chia seeds, chickpeas, dry anchovy, dry mango powder, fertile duck eggs, fresh color capsicums, fresh brown eggs, fresh brown eggs, fresh habanero peppers, fennel seed, tea, hatching finch eggs, sunflower seeds, ox cow gallstones, fresh onions, black pepper, yellow corn, a4 paper, aluminum scrap, hms, used rails, copper scrap, copper cathode, coltan, natural hazelnut kernels, alternator and motor scrap, iron ore
Cutter, syringe, strips, needles, thermometer, cannula, glucometer, harmonic focus shears, ace circulation, adhesive mini wrap, blades, blood collection tube, blood pressure monitor, nutella, redbull, red bull, onion, dried apricot, coca cola, bioderma, sensibio, avene
Nescafe, redbull, ovaltine, gillette, san miguel beer producs, aluminum foils and wraps, tropical fruit juices puree
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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