Verified Iron Scrap Buyers in Savar, Dhaka Division

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

Iron Scrap Market in Savar

Today's iron scrap rate in Savar is ৳37.06/kg as of June 10, 2026. 0+ verified scrap buyers in Savar, 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 Savar

Savar, home to the Dhaka Export Processing Zone and the site of numerous garment factories, pharmaceutical units, and tanneries relocated from Hazaribagh, produces an industrial scrap stream of remarkable diversity and volume. The BEPZA facilities alone generate tonnes of fabric-cutting table steel, needle-plate waste, and packaging material monthly. Tannery relocation to the Savar Tannery Estate has introduced chrome-containing steel vats and hide-processing equipment into the scrap chain.

Garment-factory steel offcuts and sewing-machine parts trade at BDT 38–45/kg, comparable to neighbouring Gazipur's rates. Stainless-steel vats from tannery operations fetch a premium of BDT 90–110/kg owing to their chromium content, while copper bus bars from pharmaceutical-plant electrical panels command BDT 750/kg or above. Lead from tannery effluent-treatment batteries is another traded commodity, though environmental regulations increasingly restrict informal handling.

Factory compliance officers in Savar should maintain a scrap-disposal log and engage only dealers holding valid Department of Environment clearances, as post-Rana Plaza regulatory enforcement remains stringent. Consolidating scrap from multiple production lines into a single graded lot before calling a dealer reduces the number of yard visits and associated disruptions. For tannery scrap containing hazardous elements, working with certified recyclers—even at slightly lower prices—avoids the legal and reputational risks of informal disposal.

Selling Iron Scrap in Savar, 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 Savar, 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 Savar:

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 ৳37.06/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.

Iron Scrap Price Comparison — Savar vs Dhaka Division

LocationPrice/kgvs Savar
Savar (This city)৳37.06
Dhaka Division Division Avg (7 cities)৳37.11-0.05
Bangladesh Average৳51.70-14.64
Gazipur৳38.48-1.42
Dhaka৳37.72-0.66
Tangail৳37.33-0.27
Narayanganj৳37.08-0.02
Narsingdi৳36.18+0.88

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

Factors Affecting Iron Scrap Prices in Savar

Market Demand

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

Understanding Iron Scrap Rates in Savar

The Iron scrap market in Savar, 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 Savar 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 Savar, 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 Savar, 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 Savar

What is today's iron scrap rate in Savar?

Today's iron scrap rate in Savar, Dhaka Division is ৳37.06 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 Savar, HMS 1 trades at a 15-20% premium over HMS 2.

Where to sell iron scrap in Savar?

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