Today's Iron Scrap Rate in Gobindgarh, Punjab
Live Price per kg
₹34.75
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 Gobindgarh, Punjab
Lucky Steel Impex - iron scrap, material scrap, ci scrap in mandi gobindgarh
Shop no 2, Motia Khan, Plot no 432, near Azad market, Subhash Nagar, Mandi Gobindgarh, Punjab 147301, India
Sonia Steels - ci scrap, cast iron scrap, block machinery, pig iron in mandi gobindgarh, punjab
Plot no 99, sector 19 a, near Club Road, Mandi Gobindgarh, Punjab 147301, India
G. S. Trading Co. - Scrap, iron scrap, ms scrap, ms turning scrap, hms scrap in mandi gobindgarh, india
Motia khan, Nand Lal Market, Mandi Gobindgarh, Punjab 147301, India
AARTI ENTERPRISES - iron scrap, transformer
Backside Jai Narain kanda, adjoining Garg plate, Mandi Gobindgarh, Punjab 147301, India
PURI TRADING CORP. ! Ci casting, pig iron, ci scrap in mandi gobindgarh
Godown No. 149, Amloh Rd, opposite Shivam Kanda, Mandi Gobindgarh, Jasran, Punjab 147301, India
SHRI BALAJI INTERNATIONAL - alloy steel scrap, magnese steel scrap, chrome scrap, nickel scrap in mandi gobindgarh
Backside vd Kanda, Amloh Rd, near shri balaji kanta, Mandi Gobindgarh, Punjab 147301, India
Vipan Kumar Goyal (Broker for Billet, Ingot & Scrap)
Loha Bazar, Mandi Gobindgarh, Punjab 147301, India
Singla Steel Industries
SCO 11, Nandlal Market, Mandi Gobindgarh, Punjab 147301, India
Rai Traders
Nasrali, Mandi Gobindgarh, Punjab 147301, India
S.H.S Enterprises
Khasra no.- 396, Shop no.-15, Harchand Mill Road Motia khan, Mandi Gobindgarh, Punjab 147301, India
Iron Scrap Market in Gobindgarh
In Gobindgarh, iron scrap forms a cornerstone of the local industrial economy, driven primarily by the density of small-scale engineering workshops and metal fabrication units prevalent across its industrial zones. The supply stream is robust, stemming from the dismantling of old machinery, discarded structural components, and routine maintenance scrap from local manufacturing processes. Demand remains consistently high due to the continuous repair and re-machining needs of the region’s automotive and agricultural equipment sectors. Scrap dealers often source material directly from these workshops, consolidating ferrous waste before it moves to larger regional melting units. The consistent presence of iron scrap supports local blacksmithing trades and ensures the operational cycle for numerous ancillary metalworking businesses in the area.
About the scrap market in Gobindgarh
Gobindgarh in Punjab is synonymous with steel — the town hosts over 300 steel rolling mills and induction furnaces that consume massive quantities of ferrous scrap daily. This concentration of steel reprocessing units makes Mandi Gobindgarh one of India's top three secondary steel markets, drawing scrap from across northern India.
HMS (Heavy Melting Scrap), shredded steel, and cast iron dominate the trading here, with prices that effectively set the benchmark for all of Punjab and parts of Haryana. Non-ferrous metals like copper and aluminum also trade actively, though ferrous scrap accounts for over 85% of the market volume. Daily price movements here ripple outward to smaller markets within a 200 km radius.
Sellers bringing scrap to Gobindgarh can deal directly with furnace owners along GT Road and Industrial Area Phase I and II for the best rates. The town has dedicated weighbridges and established trade practices — bulk sellers (1 tonne+) negotiate directly while smaller lots go through aggregators. Payment cycles are typically 24-48 hours for regular suppliers.
Selling Iron Scrap in Gobindgarh, Punjab?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Gobindgarh, 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 Gobindgarh:
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 ₹34.75/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Gobindgarh vs Punjab
| Location | Price/kg | vs Gobindgarh |
|---|---|---|
| Gobindgarh (This city) | ₹34.75 | — |
| Punjab State Avg (54 cities) | ₹36.03 | -1.28 |
| India Average | ₹36.00 | -1.25 |
| Kot Kapura | ₹38.07 | -3.32 |
| Kapurthala | ₹37.77 | -3.02 |
| Sangrur | ₹37.45 | -2.70 |
| Amritsar | ₹37.39 | -2.64 |
| Phillaur | ₹37.35 | -2.60 |
Prices compared across 54 cities in Punjab. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Gobindgarh
Global demand for Iron significantly influences local prices in Gobindgarh, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Gobindgarh.
Understanding Iron Scrap Rates in Gobindgarh
The Iron scrap market in Gobindgarh, Punjab 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 Gobindgarh 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 Gobindgarh, 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 Gobindgarh, 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 Gobindgarh
What is today's iron scrap rate in Gobindgarh?
Today's iron scrap rate in Gobindgarh, Punjab is ₹34.75 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 Gobindgarh, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Gobindgarh?
Check the verified iron scrap dealers listed above in Gobindgarh. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Gobindgarh 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.