Last updated on: March 9, 2025
Iron scrap prices in Bangalore fluctuate regularly based on several factors, including market demand, supply, and global trends in the metal industry.
Today the iron scrap rate in Bangalore is between ₹25 to ₹38 per kg, it fluctuates between these ranges, the scrap rate is also differs based on the type of iron scrap, for eg: paint cans and other light melting scrap (LMS) would be around ₹10 per kg whereas the heavy melting scrap could be aroud ₹32 per kg
Scrap Iron Price Per kg today in Bangalore
| Iron Scrap Type | Grade | Scrap Buying Price per kg |
|---|---|---|
| Iron Scrap | Standard | ₹24 – ₹33 per kg |
| Iron Scrap | Industrial | ₹25 – ₹30 per kg |
| Cast Iron Scrap | Industrial | ₹30 – ₹33 per kg |
| MS Iron Scrap | Industrial | ₹28 – ₹33 per kg |
| Galvanized Iron Scrap | Standard | ₹20 – ₹25 per kg |
| Iron Sheet Scrap | 10mm and above | ₹34 – ₹40 per kg |
| Heavy Melting Scrap (HMS) | Grade 1 | ₹30 – ₹33 per kg |
| Heavy Melting Scrap (HMS) | Grade 2 | ₹29 – ₹31 per kg |
| Light Melting Scrap (LMS) | ₹8 – ₹15 per kg |
Scrap Iron Price Per Tonne today in Bangalore
| Iron Scrap Type | Grade | Scrap Buying Price per kg |
|---|---|---|
| Iron Scrap | Standard | ₹25,000 – ₹34,000 per tonne |
| Iron Scrap | Industrial | ₹25,000 – ₹30,000 per tonne |
| Cast Iron Scrap | Industrial | ₹30,000 – ₹33,000 per tonne |
| MS Iron Scrap | Industrial | ₹28,000 – ₹33,000 per tonne |
| Galvanized Iron Scrap | Standard | ₹20,000 – ₹25,000 per tonne |
| Iron Sheet Scrap | 10mm and above | ₹34,000 – ₹40,000 per tonne |
| Heavy Melting Scrap (HMS) | Grade 1 | ₹30,000 – ₹33,000 per tonne |
| Heavy Melting Scrap (HMS) | Grade 2 | ₹29,000 – ₹31,000 per tonne |
| Light Melting Scrap (LMS) | ₹8,000 – ₹15,000 per tonne |
How is iron scrap classified and graded?
The terms “Iron Scrap Industrial” and “Iron Scrap Standard” are commonly used in the scrap industry, but they can vary based on regional standards or supplier definitions. Here’s a general distinction between them:
- Iron Scrap Industrial:
- Refers to scrap generated from industrial processes, such as manufacturing, machining, or production facilities.
- It typically includes materials like turnings, borings, punchings, and sheet metal waste.
- This type of scrap may have specific grades and standards based on its origin and purity.
- Iron Scrap Standard:
- Refers to general-purpose scrap that adheres to commonly accepted standards for recycling or resale.
- It might include items like demolished structural steel, old machinery parts, or other metallic components.
- The “standard” label often implies uniformity in size, quality, or material composition, making it easier to process or recycle.
- Light Melting Scrap (LMS):
- Light Melting Scrap (LMS) refers to thin, lightweight ferrous materials commonly obtained from household appliances, sheet metal, and other small steel components.
- It is widely recycled for its ease of handling, processing, and suitability for remelting into new steel products.
- Example: paint steel cans, old washing machines, refrigerators, microwaves etc
What affects scrap iron prices?
Today, the iron salvage price in Bangalore has variations due to several economic influences. Scrap iron prices and ferrous scrap rates have been steadily changing, influenced by the cost of raw materials and recycling processes
If you’re looking for the most accurate and up-to-date price per kg today for old iron or Kabbiṇa(ಕಬ್ಬಿಣ) or loha, it’s better to reach out to your nearest scrap dealer in Bangalore.
