Scrap Rates in Mumbai Today

Mumbai is India's financial capital and a major port city, with constant construction activity and a huge industrial belt around it. Ships, demolished buildings, factories, and workshops keep the city's scrap market one of the busiest in the country. This page shows today's scrap metal rates for Mumbai. For the all-India view, see today's metal rates.

What are the scrap rates in Mumbai today?

Today's scrap rates in Mumbai are listed in the rate table on this page for all eight metals — copper, aluminium, brass, iron, steel, stainless steel, battery, and lead — quoted in rupees per kilogram. Rates are updated daily. Mumbai often sets the tone for western India because of its port access and the sheer volume of metal that moves through the city.

The table shows indicative dealer rates for standard grades. Prices can differ between South Mumbai, the suburbs, and the industrial belt around the city. Larger lots and cleaner material always command better rates.

Which scrap metals are traded in Mumbai?

Ship-related scrap, redevelopment projects, and the film and media industry's equipment waste add to the variety of metals available in Mumbai.

Why is Mumbai important for the scrap trade?

Mumbai's port makes it a natural gateway for metal movement in and out of India. The city's endless construction and redevelopment cycle produces heavy iron and steel scrap, while its factories and workshops supply copper, aluminium, and brass. The large dealer network around areas like Kurla and Bhandup keeps buying competitive, which is good for sellers.

How do Mumbai scrap rates compare with other Maharashtra cities?

Mumbai rates are often slightly higher than in Pune and Nagpur for imported and high-grade metals, thanks to port access. For locally generated scrap, the difference is small. Compare with the steel scrap rate in Pune or the copper scrap rate in Nagpur. Track trends on the rate history page, and estimate your scrap value with the scrap value calculator.