Today's Iron Scrap Rate in Bhubaneswar, Odisha
Live Price per kg
₹35.70
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 Bhubaneswar, Odisha
ALL SCRAP COLLECTOR
unit-3, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Bh computer scraps dealers
Unit 3, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
SN COMPUTER SCRAP DEALERS
Unit 3, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Sara scrap traders
plot 807, Shikharchandi Rd, Sikharchandi Vihar, Patia, Bhubaneswar, Odisha 751024, India
Ayan Scrap dealer
unit 3, Masjid colony, Railway Yard and Washing Line, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
SYNDICATE SCRAP METAL DEALER ALL ODISHA
near HHI Hotel, in front of icici bank, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Anish
u nit-3, near panda nursing home, Shanti Nagar, Master Canteen Area, Kharvela Nagar, Bhubaneswar, Odisha 751001, India
Urban Kabadiwala
Infront of Sankalp Media and Convention, Plot no- 7/1799, Infocity Ave, adjacent Sai Mandir Lane, beside Infosys Sai Baba Temple, Sailashree Vihar, Chandrasekharpur, Bhubaneswar, Odisha 751021, India
Iron Scrap Market in Bhubaneswar
The iron scrap market in Bhubaneswar is significantly influenced by the city's rapid infrastructural expansion and its growing industrial corridors. Supply is primarily driven by demolition waste from older buildings being replaced by modern commercial complexes, alongside scrap generated by local fabrication workshops servicing the automotive and construction sectors. Scrap iron, particularly structural steel offcuts and railway components, is frequently sourced from industrial estates located near major arteries. Demand remains steady, fueled by local blacksmiths and small-scale foundries that utilize the metal for repair and fabrication work. Collection and initial grading of this scrap often occurs near established scrap yards situated on the outskirts, before larger buyers transport bulk material for processing. The consistent demand for basic ferrous metal ensures a localized, cyclical trade flow throughout the city.
About the scrap market in Bhubaneswar
Bhubaneswar, Odisha's capital and a Smart City, has a growing scrap market driven by its IT sector, infrastructure development, and expanding industrial base. The Mancheswar and Chandaka industrial estates house engineering and electronics units, while the city's rapid urbanization generates construction and demolition scrap. Bhubaneswar serves as the commercial hub for Odisha's scrap trade.
Iron and steel from construction and infrastructure projects dominate. Copper from IT and electrical infrastructure, aluminum from the growing commercial sector, and e-waste from IT parks are also traded. Bhubaneswar's prices are typically 5-8% below Kolkata but set the benchmark for all of Odisha.
Key scrap markets include Mancheswar industrial area, Nayapalli market, and dealers near Rasulgarh. Most dealers pick up from 15 kg. Cash is standard.
Selling Iron Scrap in Bhubaneswar, Odisha?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Bhubaneswar, 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 Bhubaneswar:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-43/kg — that's 15-20% more than mixed iron at ₹35.70/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Bhubaneswar vs Odisha
| Location | Price/kg | vs Bhubaneswar |
|---|---|---|
| Bhubaneswar (This city) | ₹35.70 | — |
| Odisha State Avg (36 cities) | ₹35.17 | +0.53 |
| India Average | ₹36.00 | -0.30 |
| Puri | ₹36.60 | -0.90 |
| Rairangpur | ₹36.41 | -0.71 |
| Jharsuguda | ₹36.19 | -0.49 |
| Paradip | ₹36.15 | -0.45 |
| Bhadrak | ₹35.98 | -0.28 |
Prices compared across 36 cities in Odisha. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Bhubaneswar
Global demand for Iron significantly influences local prices in Bhubaneswar, Odisha.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Bhubaneswar.
Understanding Iron Scrap Rates in Bhubaneswar
The Iron scrap market in Bhubaneswar, Odisha 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 Bhubaneswar 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 Bhubaneswar, 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 Bhubaneswar, 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 Bhubaneswar
What is today's iron scrap rate in Bhubaneswar?
Today's iron scrap rate in Bhubaneswar, Odisha is ₹35.70 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 Bhubaneswar, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Bhubaneswar?
Check the verified iron scrap dealers listed above in Bhubaneswar. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Bhubaneswar 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.