Today's Iron Scrap Rate in Erode, Tamil Nadu
Live Price per kg
₹37.06
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 Erode, Tamil Nadu
King Metals
36, Tamizh Nagar Rd, Rajiv Nagar, Tamizh Nagar, Kollampalayam, Erode, Tamil Nadu 638002, India
SAIRAM METAL WARES
136, Agraharam St, opp. Star Lodge, Erode, Tamil Nadu 638001, India
VMC Steel and Alloys Industry
103/3, Mottai Velan Kadu, Panniyampalli, Chennimalai, Perundurai, Erode, Tamil Nadu 638052, India
JEBA METALS OLD SCRAP
Nandha engeneering college, 107/10, Erode main road, Vailkaalmedu, Tamil Nadu 638052, India
MUNI SCRAP
122/206, Jeeva Nagar, Krishnampalayam, Erode, Tamil Nadu 638003, India
Keerthi Steels
SH 79, 349-A, Cauvery Rd, Kamala Nagar, Karungalpalayam, Erode, Tamil Nadu 638003, India
Sri Ponkaliamman traders (Lorry scrap and lorry parts seller)
Kiliyampatti road, Mullamparappu, post, N.G, Palayam, Erode, Mullamparappu, Tamil Nadu 638115, India
MDF scraps (பழைய இரும்புகடை)
297/4, Rail Nagar, Rangampalayam, Erode, Tamil Nadu 638009, India
RK SCRAP PLASTICS
Erode, Kaspapettai, Tamil Nadu 638115, India
SD E waste
Kamala Nagar, Karungalpalayam, Erode, Tamil Nadu 638003, India
Iron Scrap Market in Erode
In Erode, the market for iron scrap is closely linked to the city's robust textile and ancillary engineering sectors. Supply primarily originates from the numerous small-scale fabrication units and workshops located in the peripheral industrial zones, which generate scrap metal from machinery repair and custom metalwork. Additionally, demolition activities from older commercial buildings contribute significant tonnage to the local scrap yards. Demand is driven by local blacksmiths and small foundries that utilize the scrap for re-casting and fabricating components for the textile machinery maintenance cycle. While large-scale steel consumption is directed towards nearby industrial hubs, Erode's local iron scrap trade remains vital for sustaining the repair economy, with transactions often occurring at designated collection points near the main market thoroughfares.
About the scrap market in Erode
Erode, a major commercial center in western Tamil Nadu, has a scrap market driven by its textile processing, turmeric trading, and transport industries. The city's powerloom clusters, dyeing units, and lorry body-building workshops generate consistent metal scrap. Erode's strategic location at the junction of major highways connecting Salem, Coimbatore, and Tiruppur makes it a natural scrap aggregation point for the Kongu region.
Steel and iron scrap from lorry body-building workshops and textile machinery form the bulk of Erode's trade. Copper from dyeing unit motors and electrical equipment, aluminum from transport body panels, and stainless steel from turmeric and food processing equipment are also traded. Erode's prices generally track the Tamil Nadu average, sitting between Salem and Coimbatore rates — competitive for ferrous metals from the transport industry.
Key scrap trading areas include Perundurai Road (transport cluster), Bhavani Road market, and the SIDCO Industrial Estate. For transport-grade steel and body scrap, approach dealers near the lorry body-building cluster on the Salem highway. Most dealers pick up from 15 kg. Cash is the norm. Erode's market benefits from high pass-through traffic — dealers from multiple cities compete, keeping rates fair for sellers.
Selling Iron Scrap in Erode, 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 Erode, 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 Erode:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹43-44/kg — that's 15-20% more than mixed iron at ₹37.06/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Erode vs Tamil Nadu
| Location | Price/kg | vs Erode |
|---|---|---|
| Erode (This city) | ₹37.06 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | +0.46 |
| India Average | ₹36.00 | +1.06 |
| Salem | ₹38.93 | -1.87 |
| Vedaranyam | ₹38.45 | -1.39 |
| Theni Allinagaram | ₹38.37 | -1.31 |
| Sirkali | ₹38.15 | -1.09 |
| Panagudi | ₹38.12 | -1.06 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Erode
Global demand for Iron significantly influences local prices in Erode, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Erode.
Understanding Iron Scrap Rates in Erode
The Iron scrap market in Erode, 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 Erode 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 Erode, 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 Erode, 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 Erode
What is today's iron scrap rate in Erode?
Today's iron scrap rate in Erode, Tamil Nadu is ₹37.06 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 Erode, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Erode?
Check the verified iron scrap dealers listed above in Erode. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Erode 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.