Today's Iron Scrap Rate in Akola, Maharashtra
Live Price per kg
₹36.68
Last updated: 20 May 2026
This is the wholesale baseline rate — what dealers receive when they sell to bulk recyclers. Actual pickup quotes for individual sellers typically run ₹5–7/kg lower depending on grade (clean HMS-1 vs mixed scrap), quantity (100 kg+ negotiates better), and pickup distance. Use the Get Quote button on any dealer below for a real, item-specific offer for your scrap.
Verified Iron Scrap Buyers in Akola, Maharashtra
KGN SCRAP TRADING COMPANY
Akot Fail, Jafrabad, Akola, Maharashtra 444003, India
Abdul Majeed scrap shop
Lakkad Ganj Rd, Bhawani Peth, Akola, Maharashtra 444006, India
Atlas scrap traders
M3H3+Q2, Midc Phase 3 and 4, MIDC, Akola, Shivani, Maharashtra 444104, India
Qureshi Scrap center
fish market, Old, subhash rod, Mominpura, Akola, Maharashtra 444001, India
Rufi Enterprises
Shop No 1, Washim Bypass, Nafees Bagh, Shivsena Nagar, Akola, Maharashtra 444002, India
Khandelwal trade links
Gorakshan Rd, Vijay Housing Society, Sahakar Nagar, Akola, Maharashtra 444004, India
LEELAI udyog
Kumbhari Rd, Midc Phase 3 and 4, MIDC, Akola, Kumbhari, Maharashtra 444104, India
Iron Scrap Market in Akola
The iron scrap market in Akola is primarily influenced by the surrounding agricultural machinery sector and localized fabrication units. Supply streams for iron generally originate from the dismantling of old farm equipment, local repair workshops, and small-scale construction demolition within residential areas. While not a major industrial hub, the presence of railway infrastructure and ancillary metalworking units contributes a steady, albeit localized, supply of ferrous scrap. Demand is consistently maintained by small foundries and metal fabrication units operating near the main market areas, which process the scrap for re-melting into structural components. Collection networks often operate on a route basis, sourcing material from peripheral villages before aggregating it for trade in central collection points, keeping the pricing sensitive to the volume gathered daily.
About the scrap market in Akola
Akola, a major city in Maharashtra's Vidarbha region, has a scrap market shaped by its cotton trading, oil mills, and dal processing industries. The city is one of India's largest cotton markets, and the associated ginning, pressing, and oil processing units generate steady machinery scrap. The MIDC industrial area adds engineering and light manufacturing scrap.
Iron and steel from cotton and oil processing machinery dominate the market. Copper from electrical motors, aluminum from processing equipment, and agricultural implement scrap from the surrounding farming region are also traded. Akola's prices typically track the Amravati-Nagpur corridor average, sitting 5-10% below Nagpur.
Scrap trading centers around the Old City market, Station Road area, and MIDC zone. For agricultural and oil mill machinery scrap, approach dealers near the cotton market area. Most dealers pick up from 10 kg. Cash is standard. Akola's market is seasonal — the cotton season (October-March) drives higher machinery usage and subsequent scrap from maintenance, creating the best selling window.
Selling Iron Scrap in Akola, Maharashtra?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Akola, 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 Akola:
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 ₹36.68/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Akola vs Maharashtra
| Location | Price/kg | vs Akola |
|---|---|---|
| Akola (This city) | ₹36.68 | — |
| Maharashtra State Avg (127 cities) | ₹36.83 | -0.15 |
| India Average | ₹36.00 | +0.68 |
| Malkapur | ₹38.57 | -1.89 |
| Mumbai | ₹38.54 | -1.86 |
| Palghar | ₹38.48 | -1.80 |
| Uran Islampur | ₹38.38 | -1.70 |
| Sangamner | ₹38.36 | -1.68 |
Prices compared across 127 cities in Maharashtra. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Akola
Global demand for Iron significantly influences local prices in Akola, Maharashtra.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Akola.
Understanding Iron Scrap Rates in Akola
The Iron scrap market in Akola, Maharashtra is shaped by a combination of global commodity trends and local economic factors. International benchmarks like the LME (London Metal Exchange) and domestic platforms like MCX (Multi Commodity Exchange of India) set the baseline for Iron pricing. However, the actual rate you receive from a dealer in Akola 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 Akola, 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 ScrapRates.in.
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 Akola, 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 Akola
What is today's iron scrap rate in Akola?
Today's iron scrap rate in Akola, Maharashtra is ₹36.68 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 Akola, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Akola?
Check the verified iron scrap dealers listed above in Akola. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Akola 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. ScrapRates.in does not guarantee any specific price from any dealer. Always contact dealers directly and compare quotes before selling.