Verified Iron Scrap Buyers in Narayanganj, Dhaka Division

Contact any of our general scrap dealers in Narayanganj for Iron scrap pricing.

Iron Scrap Market in Narayanganj

Today's iron scrap rate in Narayanganj is ৳37.08/kg as of June 10, 2026. 0+ verified scrap buyers in Narayanganj, Dhaka Division are accepting iron scrap right now. Prices vary based on grade, quantity, and pickup location — request a direct quote from any of the dealers below using the *Get Quote* button to lock in today's rate before market fluctuations.

About the scrap market in Narayanganj

Narayanganj, often called the Dundee of the East, powers one of Bangladesh's densest concentrations of textile mills, dyeing plants, and knitwear factories, making it a prolific generator of industrial scrap. Defunct looms, damaged boiler tubes, and worn-out dyeing-machine rollers circulate through a highly organised network of scrap dealers lining the Shitalakshya riverfront. The city's adjacent shipbreaking and barge-repair operations further augment the ferrous scrap supply.

Industrial-grade mild steel scrap from textile machinery consistently fetches BDT 42–50/kg, among the strongest prices outside Dhaka proper. Stainless-steel dyeing drums and copper heat-exchanger tubing are high-value categories, with copper regularly crossing BDT 780/kg in this market. Zinc-coated sheets from corrugated roofing—replaced frequently due to factory expansions—constitute a high-volume, lower-value segment trading around BDT 34–40/kg.

Factory managers in Narayanganj should consider scheduling scrap clearances during quarterly maintenance shutdowns to present larger, more attractive lots to dealers. The Fatullah and Siddhirganj areas host established recycling yards that offer on-site dismantling services, saving the seller labour costs. Negotiating a fixed price per kilogram before the cutting crew arrives prevents post-dismantling price renegotiation, a common tactic in the area.

Selling Iron Scrap in Narayanganj, Dhaka 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 Narayanganj, 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 Narayanganj:

Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ৳43-44/kg — that's 15-20% more than mixed iron at ৳37.08/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.

Iron Scrap Price Comparison — Narayanganj vs Dhaka Division

LocationPrice/kgvs Narayanganj
Narayanganj (This city)৳37.08
Dhaka Division Division Avg (7 cities)৳37.11-0.03
Bangladesh Average৳51.70-14.62
Gazipur৳38.48-1.40
Dhaka৳37.72-0.64
Tangail৳37.33-0.25
Savar৳37.06+0.02
Narsingdi৳36.18+0.90

Prices compared across 7 cities in Dhaka Division. Updated June 10, 2026.

Factors Affecting Iron Scrap Prices in Narayanganj

Market Demand

Global demand for Iron significantly influences local prices in Narayanganj, Dhaka Division.

Quantity

Bulk sellers often negotiate higher rates than individual household sellers.

Transportation

Dealers offering door-step pickup may adjust prices based on distance in Narayanganj.

Understanding Iron Scrap Rates in Narayanganj

The Iron scrap market in Narayanganj, Dhaka 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 Narayanganj 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 Narayanganj, 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 Narayanganj, 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 Narayanganj

What is today's iron scrap rate in Narayanganj?

Today's iron scrap rate in Narayanganj, Dhaka Division is ৳37.08 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 Narayanganj, HMS 1 trades at a 15-20% premium over HMS 2.

Where to sell iron scrap in Narayanganj?

Check the verified iron scrap dealers listed above in Narayanganj. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Narayanganj 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.

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