Verified Iron Scrap Buyers in Narsingdi, Dhaka Division

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

Iron Scrap Market in Narsingdi

Today's iron scrap rate in Narsingdi is ৳36.46/kg as of June 10, 2026. 0+ verified scrap buyers in Narsingdi, 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 Narsingdi

Narsingdi has earned the nickname 'Textile Town' for its enormous concentration of handloom and powerloom weaving operations, supplemented by dyeing, finishing, and garment-stitching units. This textile intensity translates into a steady supply of loom-frame scrap, shuttle parts, and damaged roller beams entering the recycling market. Beyond textiles, Narsingdi's role as a river-port town on the Meghna adds boat-repair and barge-demolition scrap to the local mix.

Loom-frame cast iron, the market's staple, trades at BDT 26–33/kg, while higher-grade mild-steel shuttle components and reed frames fetch BDT 38–44/kg. Copper winding wire from loom motors is perennially in demand, trading above BDT 710/kg, and aluminium bobbins from powerloom operations circulate at BDT 150–175/kg. Barge hull plates, often heavily corroded, sell at a discounted BDT 30–36/kg.

Weavers upgrading from handlooms to powerlooms should strip copper windings from old motors themselves rather than selling complete motor assemblies, as the disaggregated copper commands a substantially higher rate. The Madhabdi and Narsingdi Sadar bazaar areas host the most active scrap-trading zones with established dealers. Requesting payment via mobile financial services such as bKash rather than deferred cheques protects smaller sellers from payment delays.

Selling Iron Scrap in Narsingdi, 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 Narsingdi, 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 Narsingdi:

Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ৳42-44/kg — that's 15-20% more than mixed iron at ৳36.46/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.

Iron Scrap Price Comparison — Narsingdi vs Dhaka Division

LocationPrice/kgvs Narsingdi
Narsingdi (This city)৳36.46
Dhaka Division Division Avg (7 cities)৳37.40-0.94
Bangladesh Average৳52.02-15.56
Gazipur৳38.85-2.39
Dhaka৳38.01-1.55
Tangail৳37.57-1.11
Savar৳37.39-0.93
Narayanganj৳37.22-0.76

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

Factors Affecting Iron Scrap Prices in Narsingdi

Market Demand

Global demand for Iron significantly influences local prices in Narsingdi, 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 Narsingdi.

Understanding Iron Scrap Rates in Narsingdi

The Iron scrap market in Narsingdi, 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 Narsingdi 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 Narsingdi, 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 Narsingdi, 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 Narsingdi

What is today's iron scrap rate in Narsingdi?

Today's iron scrap rate in Narsingdi, Dhaka Division is ৳36.46 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 Narsingdi, HMS 1 trades at a 15-20% premium over HMS 2.

Where to sell iron scrap in Narsingdi?

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