Today's Iron Scrap Rate in Bokaro Steel City, Jharkhand
Live Price per kg
₹34.64
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 Bokaro Steel City, Jharkhand
Gobind Steel Traders - Tata Tmt Bar Dealer in Bokaro
National Highway 23, Chas, Bokaro Steel City, Chas, Jharkhand 827013, India
Ferro Scrap Nigam Limited, Bokaro
M49G+H2R, Unnamed Road, Marafari, Bokaro Steel City, Jharkhand 827001, India
Iron Scrap Market in Bokaro Steel City
Today's iron scrap rate in Bokaro Steel City is ₹34.64/kg as of 20 May 2026. 2+ verified scrap buyers in Bokaro Steel City, Jharkhand 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 Bokaro Steel City
Bokaro Steel City is an alternate entry for Bokaro, home to SAIL's Bokaro Steel Plant. The planned township's steel plant, power stations, and engineering workshops create massive scrap activity.
Steel plant scrap, HMS, and alloy metals dominate. Prices match Jamshedpur and Durgapur — consistently strong.
Key areas include Sector 4, Chas zone, and Bokaro-Dhanbad highway. Most dealers handle 25 kg+.
Selling Iron Scrap in Bokaro Steel City, Jharkhand?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Bokaro Steel City, 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 Bokaro Steel City:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹40-42/kg — that's 15-20% more than mixed iron at ₹34.64/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Bokaro Steel City vs Jharkhand
| Location | Price/kg | vs Bokaro Steel City |
|---|---|---|
| Bokaro Steel City (This city) | ₹34.64 | — |
| Jharkhand State Avg (28 cities) | ₹35.23 | -0.59 |
| India Average | ₹36.00 | -1.36 |
| Madhupur | ₹36.47 | -1.83 |
| Ranchi | ₹36.41 | -1.77 |
| Jhumri Tilaiya | ₹36.30 | -1.66 |
| Bokaro | ₹36.14 | -1.50 |
| Phusro | ₹36.00 | -1.36 |
Prices compared across 28 cities in Jharkhand. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Bokaro Steel City
Global demand for Iron significantly influences local prices in Bokaro Steel City, Jharkhand.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Bokaro Steel City.
Understanding Iron Scrap Rates in Bokaro Steel City
The Iron scrap market in Bokaro Steel City, Jharkhand 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 Bokaro Steel City 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 Bokaro Steel City, 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 Bokaro Steel City, 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 Bokaro Steel City
What is today's iron scrap rate in Bokaro Steel City?
Today's iron scrap rate in Bokaro Steel City, Jharkhand is ₹34.64 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 Bokaro Steel City, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Bokaro Steel City?
Check the verified iron scrap dealers listed above in Bokaro Steel City. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Bokaro Steel City 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.