Today's Iron Scrap Rate in Cuttack, Odisha
Live Price per kg
₹34.50
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 Cuttack, Odisha
Scrap shop
FV8G+FW6, Siba Bazar, Cuttack, Odisha 753001, India
Soyel scrap stor
Samanta Sahi, Badambadi Colony, Cuttack, Odisha 753001, India
Sk rajesh kabadi store
bajrakabadi road, Samanta Sahi, Bajrakabati, Cuttack, Odisha 753001, India
King kala kabadi
Bramha Kumari ashram At.Bepari sahi,Po.Buxibazar,cuttack Pin .753001, PS, Dargah Bazaar, Cuttack, Odisha 753001, India
SHAH ENTERPRISES
Meria Bazar Rd, Dargah Bazaar, Cuttack, Odisha 753001, India
Kabadia Dokan
FWC2+V2J, Municipal Colony, Cuttack, Odisha 753003, India
Iron Scrap Market in Cuttack
The iron scrap market in Cuttack is heavily influenced by its historical role as a major commercial and railway junction on the Mahanadi River. Supply primarily originates from the dismantling of older industrial structures and the steady flow of railway material scrap from nearby railway yards. Local fabrication units and small-scale workshops within the city's industrial peripheries generate consistent sources of ferrous waste. Demand remains robust, driven by ongoing construction projects and the continuous need for raw material in local blacksmithing and metalworking trades that support the regional infrastructure. Transactions for processed iron scrap typically occur in designated collection points near the main transport arteries, where bulk buyers assess the grade and tonnage before moving the material to larger processing centers. The price realization is thus closely tied to the current demand from the adjacent Odisha industrial corridor.
About the scrap market in Cuttack
Cuttack, Odisha's former capital and a major commercial city, has a scrap market driven by its silver filigree industry, judicial institutions, and traditional manufacturing. The city's famous silver and gold filigree work creates demand for precious metal scrap, while its dense commercial area generates standard metal recyclables. Cuttack also houses several rice mills and light engineering units.
Silver and gold filigree scrap are Cuttack's unique specialties. Iron from construction, copper from electrical work, and aluminum from household goods are standard traded materials. Cuttack's prices mirror Bhubaneswar (25 km away), with precious metal scrap priced at national parity.
Scrap trading centers around Buxi Bazar, Chandi Bazaar (for precious metals), and Bidanasi area. Most dealers pick up from 10 kg. Cash is standard.
Selling Iron Scrap in Cuttack, 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 Cuttack, 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 Cuttack:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹40-41/kg — that's 15-20% more than mixed iron at ₹34.50/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Cuttack vs Odisha
| Location | Price/kg | vs Cuttack |
|---|---|---|
| Cuttack (This city) | ₹34.50 | — |
| Odisha State Avg (36 cities) | ₹35.17 | -0.67 |
| India Average | ₹36.00 | -1.50 |
| Puri | ₹36.60 | -2.10 |
| Rairangpur | ₹36.41 | -1.91 |
| Jharsuguda | ₹36.19 | -1.69 |
| Paradip | ₹36.15 | -1.65 |
| Bhadrak | ₹35.98 | -1.48 |
Prices compared across 36 cities in Odisha. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Cuttack
Global demand for Iron significantly influences local prices in Cuttack, Odisha.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Cuttack.
Understanding Iron Scrap Rates in Cuttack
The Iron scrap market in Cuttack, 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 Cuttack 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 Cuttack, 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 Cuttack, 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 Cuttack
What is today's iron scrap rate in Cuttack?
Today's iron scrap rate in Cuttack, Odisha is ₹34.50 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 Cuttack, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Cuttack?
Check the verified iron scrap dealers listed above in Cuttack. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Cuttack 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.