Scrap, beverages, confectionary
Scrap metal, used rail scrap r50/r65, copper scrap, hms 1 & 2 scrap, aluminum scrap
Copper cathodes, scrap batteries, copper scrap
Raw Cashew Nuts, Fresh Fruits, Teakwood, Scrap Metal,
Milk powder, sunflower oil, hms, and more.
Zinc Ore, Zinc Concentrate, Lead Ore, Eaf Dust, Chrome Ore, Copper Ore, Copper Concentrate, Copper Sludge, Copper, Ash
Marine gearbox, threading machinary, zlyj series speed reducer
Metal plastic and aluminum windows, doors, conservatories and bifolds, aluminum facades, protective rolling shutters and overhead gates
Wood pellets, euro pallets, wood briquette, charcoal, firewood, wood shavings, sawdust, wood chips, wheat flour, refined corn oil, refined sunflower oil, soybean oil, sesame seeds, pumpkin seeds, vanilla seed, icumsa sugar, nido milk, nutella, mackerel fish, sardine, shrimps, black pepper, whey powder, wheat flour, a4 paper, mercury, copper scrap, meat, hatching eggs, sawdust, arabic coffee bean, cashew nuts and walnuts, flax seeds,, pure vanilla powder, bush mango seeds, irvingia gabonensis seed, vanilla seed, organic chia seeds, cotton seed, cotton seeds,, whey protein powder, milka, oreo chocolate, nivea shower gel, mars, snickers, twix, kit kat, bounty chocolates, nutella chocolate, nescafe, nestel milk,washing up liquids ,laundry gels, housekeeping,shampoos, conditioners,shower gels,deodorants, shaving range,creme,liquid soap,bath, air fresheners
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.
