Iron Scrap Rate Today

Iron scrap is the backbone of the Indian recycling industry by volume. It comes from old machinery, vehicles, demolished buildings, and factory waste. Foundries and re-rolling units buy iron scrap daily to make new iron products. This page explains grades, uses, and pricing factors. For daily numbers, see today's metal rates.

What is the iron scrap rate in India today?

The iron scrap rate in India today is published in the rate table on this page, quoted in rupees per kilogram for Mixed grade. Prices are updated daily and vary by city based on foundry demand and transport cost. Iron is the lowest-priced common scrap metal, but it moves in very large volumes, so it is a big business.

The table shows indicative dealer rates for standard material. Your price depends on the type of iron scrap, its size, and whether it is clean. Heavy, clean iron pieces usually sell for more than thin, rusty, or mixed lots.

What grades of iron scrap are traded in India?

Indian dealers sort iron scrap into several common categories. Heavy and clean material commands the best price.

Heavy melting scrap is the standard grade most price lists quote. Removing non-iron attachments like rubber, plastic, and wood before selling raises your rate.

What is iron scrap used for?

Recycled iron is melted in foundries and used to make construction materials, machine parts, pipes, and manhole covers. It is also fed into re-rolling units that make bars and rods for building work. Because iron is cheap and strong, it is the most recycled metal by weight in India, and foundries depend on a steady supply of scrap.

• Foundries — melt scrap into machine parts and cast goods.
• Construction — bars, rods, and beams use recycled iron and steel.
• Pipes — water and drainage pipes are made from recycled iron.
• Auto parts — engine blocks and heavy parts use cast iron.

Which Indian cities have the most iron scrap trading?

Iron scrap moves in huge volumes in Kolkata, Delhi, Mumbai, and Ahmedabad. Kolkata's port and old foundries create a large iron scrap market, while Delhi's NCR demolition and construction activity generates steady supply. Compare city prices: iron scrap rate in Kolkata, iron scrap rate in Delhi, and iron scrap rate in Mumbai.

How do iron scrap rates change in India?

Iron scrap rates are revised daily and follow steel market trends, foundry demand, and monsoon-season construction cycles. Rates often firm up when construction activity is high and soften during slow periods. Check past movement on the rate history page, and estimate your scrap value with the scrap value calculator.