Today's Iron Scrap Rate in Hazaribag, Jharkhand
Live Price per kg
₹34.21
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 Hazaribag, Jharkhand
Malik scrap dealer hazaribag
Dr Zakir Hussain Rd, Chisti Nagar, Hazaribagh, Jharkhand 825301, India
DABLU SCRAP YARD
opposite of hanuman mandir, Kolghatti, Hazaribagh, Jharkhand 825301, India
Bharat Enterprises
29F9+C5R, Kolghatti, Hazaribagh, Jharkhand 825319, India
Iron Scrap Market in Hazaribag
The market for iron scrap in Hazaribag is primarily driven by localized construction and artisanal metalworking activities within the town's older residential and commercial sectors. Supply streams are largely derived from the dismantling of older structures, discarded railway fittings, and the scrap generated by local fabrication units and blacksmiths operating near the main market thoroughfares. Demand remains consistent, sustained by small-scale workshops that utilize iron for repairs, agricultural implements, and general metal fabrication jobs. Collection often involves decentralized networks, where scrap dealers collect material from individual households and small workshops rather than large industrial complexes. Pricing for different grades of iron, such as rebar scrap versus cast iron offcuts, fluctuates based on the immediate needs of local foundries and repair shops. The trade operates on a localized basis, with transactions frequently occurring in designated informal scrap collection points within the town center.
About the scrap market in Hazaribag
Hazaribag in Jharkhand has a scrap market driven by coal mining (Central Coalfields Limited), mica mining, and lac processing. The city's mining operations and associated heavy equipment generate industrial scrap.
Mining equipment scrap, coal conveyor components, and mica processing machinery parts are distinctive materials. Copper from mining electrical systems is also traded. Prices are comparable to the Ranchi corridor.
Trading near the mining areas and main market. Most dealers pick up from 15 kg. Cash is standard.
Selling Iron Scrap in Hazaribag, Jharkhand?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Hazaribag, 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 Hazaribag:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹39-41/kg — that's 15-20% more than mixed iron at ₹34.21/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Hazaribag vs Jharkhand
| Location | Price/kg | vs Hazaribag |
|---|---|---|
| Hazaribag (This city) | ₹34.21 | — |
| Jharkhand State Avg (28 cities) | ₹35.23 | -1.02 |
| India Average | ₹36.00 | -1.79 |
| Madhupur | ₹36.47 | -2.26 |
| Ranchi | ₹36.41 | -2.20 |
| Jhumri Tilaiya | ₹36.30 | -2.09 |
| Bokaro | ₹36.14 | -1.93 |
| Phusro | ₹36.00 | -1.79 |
Prices compared across 28 cities in Jharkhand. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Hazaribag
Global demand for Iron significantly influences local prices in Hazaribag, Jharkhand.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Hazaribag.
Understanding Iron Scrap Rates in Hazaribag
The Iron scrap market in Hazaribag, Jharkhand 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 Hazaribag 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 Hazaribag, 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 Hazaribag, 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 Hazaribag
What is today's iron scrap rate in Hazaribag?
Today's iron scrap rate in Hazaribag, Jharkhand is ₹34.21 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 Hazaribag, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Hazaribag?
Check the verified iron scrap dealers listed above in Hazaribag. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Hazaribag 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.