Live Scrap Rates in Gumia
Market Insight
Today, the Iron scrap price in Gumia is ₹36.65/kg.
Today Price Index
| AC Compressor | ₹94.09 |
| Aluminum | ₹146.53 |
| Brass | ₹426.73 |
| Car Battery | ₹65.27 |
| Car Body | ₹26.77 |
| Cardboard | ₹7.90 |
| Catalytic Converter | ₹1162.49 |
| Copper | ₹609.50 |
| E-Waste | ₹43.77 |
| Iron | ₹36.65 |
| Newspaper | ₹14.13 |
| Plastic | ₹12.29 |
| Radiator | ₹180.08 |
| Stainless Steel | ₹122.88 |
| Tin | ₹17.07 |
Verified Buyers in Gumia
About the Scrap Market in Gumia
Gumia lies within Jharkhand's Bokaro district, directly influenced by the massive Bokaro Steel Plant and its network of ancillary industries. This proximity means that metallurgical-grade scrap is both abundant and competitively priced, attracting buyers from across the state.
Bokaro Steel Plant rejects and end-cuts occasionally enter the open market at ₹24–₹30/kg for HMS-grade material. Cast iron mould scrap from foundries servicing the steel plant trades at ₹18–₹23/kg, while copper busbar offcuts from electrical contractors fetch ₹430–₹490/kg.
Establishing relationships with Bokaro Steel Plant's ancillary contractors provides access to regular, high-quality scrap streams. Competitive pricing from multiple foundries in the area means sellers should never accept the first offer. Transport cooperatives operating between Gumia and Bokaro city can reduce logistics costs substantially for regular shippers.
Frequently Asked Questions — Gumia Scrap Market
What is today's scrap rate in Gumia?
Today's scrap rates in Gumia, Jharkhand are listed in the price index above. Iron scrap is currently at ₹36.65/kg, Copper at ₹609.50/kg, and Aluminum at ₹146.53/kg. These rates are updated daily based on market conditions.
How do I sell scrap in Gumia?
To sell scrap in Gumia, check the current rates above, then contact a verified dealer from our directory. Most dealers offer doorstep pickup for quantities above 10-20 kg. Sort your scrap by material type (metal, paper, plastic) for better rates. Ensure you get digital weighing and agree on the per-kg rate before handing over your material.
Which scrap material is most valuable in Gumia?
Copper is the most valuable common scrap metal in Gumia, trading at ₹550-750/kg depending on grade. This is followed by brass, stainless steel, aluminum (₹100-170/kg), and iron (₹24-36/kg). Even paper and plastic (₹8-16/kg) have meaningful value when sold in bulk.
Do scrap dealers in Gumia offer doorstep pickup?
Yes, most verified scrap dealers in Gumia offer free doorstep pickup for scrap above a minimum quantity (usually 10-20 kg). Some dealers may charge a small pickup fee for very small quantities. Contact the dealers listed in our directory above for their specific pickup policies and minimum requirements.
When is the best time to sell scrap in Gumia?
Scrap metal prices in Gumia typically peak during October to March (construction season) and dip during the off-season months. If you can store your scrap safely, timing your sale to the peak season can earn you 10-20% more. Check scraprates.in daily to track price trends in Gumia.
Disclaimer: All scrap prices displayed on this page are indicative market rates provided for informational purposes only. Actual transaction prices in Gumia may vary based on material quality, quantity, and individual dealer policies. ScrapRates.in does not guarantee any specific price from any dealer. We recommend contacting multiple dealers and comparing quotes before making a selling decision.
Explore Scrap Rates by Material in Gumia
AC Compressor
₹94.09/kg
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Aluminum
₹146.53/kg
View details →
Brass
₹426.73/kg
View details →
Car Battery
₹65.27/kg
View details →
Car Body
₹26.77/kg
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Cardboard
₹7.90/kg
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Catalytic Converter
₹1162.49/kg
View details →
Copper
₹609.50/kg
View details →
E-Waste
₹43.77/kg
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Iron
₹36.65/kg
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Newspaper
₹14.13/kg
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Plastic
₹12.29/kg
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Radiator
₹180.08/kg
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Stainless Steel
₹122.88/kg
View details →
Tin
₹17.07/kg
View details →