Today's Iron Scrap Rate in Chennai, Tamil Nadu
Live Price per kg
₹37.44
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 Chennai, Tamil Nadu
Plot No.8, KGL Nagar, Thanigai Nagar, Edayanchavadi, New Manali, Chennai - 600 103.
VSR Waste Paper, Scrap Shop
5/84, Sector 1, K. K. Nagar, Chennai, Tamil Nadu 600078, India
Scrap Dealers
5/694, 96, Burma Colony, Thiruvalluvar Nagar, Perungudi, Chennai, Tamil Nadu 600096, India
SARAVANA TRADERS SCRAP & OLD FURNITURE
R.O.B stree, Peters Colony, Royapettah, Chennai, Tamil Nadu 600014, India
LS Computer Scrap buyers in Chennai
No: 19 first floor, Varadharajan St, Kannammapet, T. Nagar, Chennai, Tamil Nadu 600017, India
Zara Chennai Scrap buyer (Used Car, Bike and all scrap)
MKN Rd, Ramapuram, Alandur, Chennai, Tamil Nadu 600032, India
Scrap India
Main Road, Ram Nagar, Madipakkam, Chennai, Tamil Nadu 600061, India
VR Traders(Scrap Buyer in Chennai)
51B, 3rd St, Hanuman Nagar, Saraswati Nagar, Thirumullaivoyal, Chennai, Tamil Nadu 600062, India
AJ Traders - Copper Scrap Buyer, Scrap Buyer, Aluminum Brass Scrap Buyer, House Hold Scrap Buyer
46, Thantai Periyar St, K K Nagar, MGR Nagar, Nesapakkam, Chennai, Tamil Nadu 600078, India
Sri Jothee Waste Paper Company in Chennai
41/20, Anna Pillai St, Parrys, George Town, Chennai, Tamil Nadu 600001, India
MARIYAPPAN TRADERS
Sai Baba Temple, 60, Rameswaram St, Postal Colony, Backside, T. Nagar, Chennai, Tamil Nadu 600017, India
Anthony Traders E-waste Recycling collection centre.
No-9, OMR Service Rd, Sri Sowdeswari Nagar, Thoraipakkam, Chennai, Tamil Nadu 600097, India
Crown-Tech Ewaste Solutions
326, Dewan Sahib Garden St, Pudupet, Royapettah, Chennai, Tamil Nadu 600014, India
முருகன் இரும்பு கடை
Punnangi puram 2nd Street, Sterling Rd, Ponnangipuram, Ambal Nagar, Nungambakkam, Chennai, Tamil Nadu 600034, India
முத்துசுடர் பழைய இரும்பு கடை. ( இரும்பு, அட்டை, செம்பு, பித்தளை, அலுமினியம், அனைத்து பழைய பொருள்களும் வாங்கப்படும்)
C, 37, Kundrathur, Chennai, Sikkarayapuram, Tamil Nadu 600069, India
Pazhaiya Irumbu kadai
8, Kannabiran Kovil St, Pachaiyamman Nagar, Pallavaram, Chennai, St.Thomas Mount-cum-Pallavaram, Tamil Nadu 600044, India
Iron Scrap Market in Chennai
The iron scrap market in Chennai is heavily influenced by its status as a major industrial and port centre. Supply streams are robust, deriving significantly from the dismantling of older industrial plant machinery located in areas like Guindy and the surrounding industrial estates. Furthermore, demolition activities from ongoing commercial and residential construction projects across neighbourhoods like T. Nagar and Velachery provide a consistent source of structural iron. Demand remains steady, driven primarily by local fabrication units, foundries, and smaller engineering workshops that require ferrous material for repair and secondary manufacturing processes. Collection points often aggregate scrap near major transport arteries, facilitating movement towards larger processing yards situated slightly outside the immediate city core. The grade and volume of iron scrap traded here are directly correlated with the pace of infrastructure development and the activity levels at the Chennai Port.
About the scrap market in Chennai
Chennai, Tamil Nadu's capital and a major port city, is the hub of South India's scrap metal trade. The city's automobile manufacturing corridor — home to Hyundai, Ford, Renault, and numerous auto ancillaries — generates enormous industrial scrap. Chennai Port and Ennore Port facilitate significant scrap metal imports, while industrial zones in Ambattur, Guindy, and Sriperumbudur drive recycling demand.
Automotive-grade steel and iron scrap are Chennai's forte, reflecting the city's status as India's Detroit. Copper from electrical and electronics manufacturing, aluminum from the auto parts industry, and growing volumes of e-waste from the IT corridor along OMR are actively traded. Chennai's scrap prices are typically 3-5% above the Tamil Nadu average, benefiting from strong port-driven export demand.
Major scrap markets in Chennai are concentrated around Sowcarpet, Royapuram, and the Ambattur industrial area. Dealers generally offer free pickup for 20 kg and above. Cash-on-pickup is standard for household quantities, while industrial sellers often work on weekly payment cycles. Getting quotes from both local kabadiwalas and industrial recyclers can yield significantly different prices — especially for copper and aluminum.
Selling Iron Scrap in Chennai, Tamil Nadu?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Chennai, 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 Chennai:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹43-45/kg — that's 15-20% more than mixed iron at ₹37.44/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Chennai vs Tamil Nadu
| Location | Price/kg | vs Chennai |
|---|---|---|
| Chennai (This city) | ₹37.44 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | +0.84 |
| India Average | ₹36.00 | +1.44 |
| Salem | ₹38.93 | -1.49 |
| Vedaranyam | ₹38.45 | -1.01 |
| Theni Allinagaram | ₹38.37 | -0.93 |
| Sirkali | ₹38.15 | -0.71 |
| Panagudi | ₹38.12 | -0.68 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Chennai
Global demand for Iron significantly influences local prices in Chennai, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Chennai.
Understanding Iron Scrap Rates in Chennai
The Iron scrap market in Chennai, Tamil Nadu 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 Chennai 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 Chennai, 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 Chennai, 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 Chennai
What is today's iron scrap rate in Chennai?
Today's iron scrap rate in Chennai, Tamil Nadu is ₹37.44 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 Chennai, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Chennai?
Check the verified iron scrap dealers listed above in Chennai. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Chennai 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.