Steel Scrap Rate Today
Today's national average steel scrap rate is ₹39.69/kg (MS Scrap) ▼ −0.1%
Last Updated: 26 September 2026
Steel Scrap rates by city
| City | Rate/kg | Change | Trend |
|---|---|---|---|
| Ahmedabad | ₹38.29 | ▼ −0.1% | View trend → |
| Mumbai | ₹41.55 | ▼ −0.1% | View trend → |
| Delhi | ₹38.85 | ▼ −0.1% | View trend → |
| Pune | ₹39.44 | ▼ −0.1% | View trend → |
| Rajkot | ₹41.35 | ▼ −0.1% | View trend → |
| Jamnagar | ₹41.59 | ▼ −0.1% | View trend → |
| Surat | ₹39.56 | ▼ −0.1% | View trend → |
| Vadodara | ₹41.67 | ▼ −0.1% | View trend → |
| Bangalore | ₹40.00 | ▼ −0.1% | View trend → |
| Hyderabad | ₹38.89 | ▼ −0.1% | View trend → |
| Chennai | ₹39.60 | ▼ −0.1% | View trend → |
| Kolkata | ₹39.72 | ▼ −0.1% | View trend → |
| Jaipur | ₹38.73 | ▼ −0.1% | View trend → |
| Nagpur | ₹38.01 | ▼ −0.1% | View trend → |
| Indore | ₹38.13 | ▼ −0.1% | View trend → |
Steel Scrap — 30-day national average trend
Steel scrap is a major recycled metal in India, feeding steel plants and re-rolling units across the country. Mandi Gobindgarh in Punjab is a well-known steel scrap trading hub where large volumes change hands daily. This page covers grades, uses, and pricing factors for MS scrap. For daily numbers, see today's metal rates.
What is the steel scrap rate in India today?
The steel scrap rate in India today is shown in the rate table on this page, quoted in rupees per kilogram for MS (mild steel) scrap. Prices are updated daily and vary by city based on steel plant demand and transport cost. Steel scrap usually trades slightly above iron scrap because of its consistent quality and strong demand from steel makers.
The table gives indicative dealer rates for standard MS material. Your actual price depends on the thickness of the material, its cleanliness, and the lot size. Heavy structural scrap usually gets better rates than thin sheet scrap.
What grades of steel scrap are traded in India?
Indian dealers trade steel scrap in the following common categories. MS scrap is the standard grade quoted on price lists.
| Category | What it includes | What happens after recycling |
|---|---|---|
| MS heavy scrap | Beams, plates, and thick sections | Melted in steel plants |
| MS light scrap | Thin sheets and small parts | Pressed and melted |
| Steel turnings | Cuttings from machining work | Melted with extra care |
| Stainless-free MS | Plain steel without alloy mix | Re-rolled into bars and rods |
Keeping stainless steel and alloy scrap separate from plain MS scrap is important, because mixing lowers the price of the whole lot. Clean, cut-to-size scrap also sells better.
What is steel scrap used for?
Recycled steel is melted in steel plants and used to make new steel products. It is re-rolled into bars, rods, angles, and channels for construction. Steel plants use scrap to lower production cost and save energy compared to making steel only from raw ore. Mandi Gobindgarh, a major steel scrap trading hub, shows how central scrap is to the steel industry.
- Construction steel — bars, rods, and beams for buildings and bridges.
- Re-rolling units — convert scrap into market-ready steel sections.
- Auto industry — car bodies and parts use recycled steel.
- Pipes and tubes — made from melted steel scrap.
Which Indian cities have the most steel scrap trading?
Steel scrap trading is strong in Delhi, Mumbai, Ahmedabad, and Surat. Delhi's NCR construction and demolition activity generates large volumes, while Mumbai's port supports import and export movement. Compare city prices: steel scrap rate in Delhi, steel scrap rate in Mumbai, and steel scrap rate in Ahmedabad.
How do steel scrap rates change in India?
Steel scrap rates are revised daily and track domestic steel prices, construction activity, and raw material costs. When the steel industry is running hot, scrap demand rises and rates firm up. During slow construction phases, rates can soften. Study trends on the rate history page, and estimate your lot value with the scrap value calculator.
Frequently asked questions
Today's national average steel scrap rate is ₹39.69/kg (down −0.1% from yesterday) for ms scrap grade. Rates vary by city — the table above lists today's rate in all 15 tracked cities.
This site tracks the MS Scrap grade, quoted in rupees per kilogram. Steel Scrap from steel plant melting and re-rolling is the main source of this scrap in the Indian market.
Sort your scrap by grade before selling — clean, separated metal fetches more than mixed lots. Compare today's city-wise rates above, then get quotes from two or three licensed dealers in your city.
The steel scrap rate today is ₹39.69/kg on national average, covering mild steel grades from structural and industrial scrap. The city table above lists today's steel rate in all 15 tracked cities.