Understanding Scrap Material Pricing

Scrap metal prices in India are influenced by global commodity exchanges (LME, MCX), domestic demand from foundries and recyclers, and local market conditions. Prices vary significantly between cities — a kilogram of copper scrap in Mumbai might be priced 10-15% differently than in Chennai due to local supply-demand dynamics.

Non-ferrous metals (copper, aluminum, brass) are the most valuable common scrap materials, while ferrous metals (iron, steel) trade at lower per-kg rates but make up the majority of recycling volume. E-waste and catalytic converters contain precious metals and command premium prices from specialized buyers.

For the best rates, sort your scrap by material type, accumulate in bulk before selling, compare quotes from multiple dealers, and time your sale to market conditions. Use our city-specific pages to track daily price movements in your area.