Today's Iron Scrap Rate in Mymensingh, Mymensingh Division
Live Price per kg
৳52.14
Last updated: April 9, 2026
Selling Iron Scrap in Mymensingh, Mymensingh Division?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Mymensingh, iron scrap comes from construction demolition, old machinery, defunct vehicles, gates, pipes, and household items. The market distinguishes between HMS 1 (Heavy Melting Scrap — clean, heavy pieces over 6mm thick), HMS 2 (lighter, mixed quality), shredded steel, cast iron, and rebar offcuts — each commanding different rates.
Pro Tip for Iron Sellers in Mymensingh:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ৳60-63/kg — that's 15-20% more than mixed iron at ৳52.14/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Mymensingh vs Mymensingh Division
| Location | Price/kg | vs Mymensingh |
|---|---|---|
| Mymensingh (This city) | ৳52.14 | — |
| Mymensingh Division Division Avg (1 cities) | ৳52.14 | +0.00 |
| Bangladesh Average | ৳52.81 | -0.67 |
Prices compared across 1 cities in Mymensingh Division. Updated April 9, 2026.
Verified Iron Scrap Buyers in Mymensingh, Mymensingh Division
Contact any of our general scrap dealers in Mymensingh for Iron scrap pricing.
Factors Affecting Iron Scrap Prices in Mymensingh
Global demand for Iron significantly influences local prices in Mymensingh, Mymensingh Division.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Mymensingh.
Understanding Iron Scrap Rates in Mymensingh
The Iron scrap market in Mymensingh, Mymensingh Division is shaped by a combination of global commodity trends and local economic factors. International benchmarks like the LME (London Metal Exchange) and regional commodity markets set the baseline for Iron pricing. However, the actual rate you receive from a dealer in Mymensingh also depends on local supply and demand, the proximity of recycling mills and foundries, and seasonal construction activity.
Iron scrap quality plays a significant role in pricing. Clean, sorted Iron scrap free of contaminants such as plastic, rubber, or mixed metals typically commands 10-15% higher rates than unsorted or mixed-grade material. If you're selling Iron scrap in Mymensingh, taking the time to separate and clean your material can significantly improve the price you receive. Industrial sellers with consistent bulk volumes often negotiate premium rates with dealers, while household sellers benefit from comparing quotes across multiple verified buyers listed on GetScrapRate.
Logistics costs also impact the final price — dealers who offer doorstep pickup may factor in transportation expenses, especially for smaller quantities. For the best outcome when selling Iron scrap in Mymensingh, we recommend accumulating at least 15-25 kg before contacting a dealer, checking our daily updated prices for market timing, and always insisting on digital weighing with a printed receipt for your records.
Frequently Asked Questions — Iron Scrap in Mymensingh
What is today's iron scrap rate in Mymensingh?
Today's iron scrap rate in Mymensingh, Mymensingh Division is ৳52.14 per kg. This is the rate for standard mixed iron scrap. HMS 1 grade commands a 15-20% premium, while light iron and tin may sell for 10-15% less.
What is HMS 1 and HMS 2 scrap?
HMS stands for Heavy Melting Scrap. HMS 1 is clean, heavy steel (over 6mm thick) like plates, beams, and structural steel — it's the highest-value ferrous scrap. HMS 2 includes lighter, thinner steel pieces with some attachments. In Mymensingh, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Mymensingh?
Check the verified iron scrap dealers listed above in Mymensingh. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Mymensingh offer free pickup for lots above 50-100 kg.
Disclaimer: All Iron scrap prices displayed on this page are indicative market rates for informational purposes only. Actual prices may vary based on material quality, quantity, and individual dealer policies. GetScrapRate does not guarantee any specific price from any dealer. Always contact dealers directly and compare quotes before selling.