Today's Iron Scrap Rate in Indore, Madhya Pradesh
Live Price per kg
₹35.66
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 Indore, Madhya Pradesh
Badshah Iron & Scrap Traders
62/A, Sector E, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
ALI SCRAPE
New Siyaganj, MALGODAM, Indore, Madhya Pradesh 452007, India
ARK. SCRAP SUPPLIER 75, SADAR BAZAR MAIN ROAD INDORE MP
75, Sadar Bazar Main Rd, Marathi Mohalla, Mari Mata Square, Indore, Madhya Pradesh 452006, India
Khan Scrape
PWC4+433, Manbhavan Nagar, Indore, Madhya Pradesh 452018, India
Ayushi enterprises scrap shop
11, Kabit Khedi Main Rd, near Khatu shyam mandir, Bulandshahr, Lahiya Colony, Indore, Madhya Pradesh 452010, India
CarScrapKaro Indore
Gandhi palace, 98-B, Sirpur, Indore, Madhya Pradesh 452002, India
S.K Scrap Shop
Backside of Vaishno dham mandir, 21, near Vaishno dham mandir, Bicholi Mardana, Indore, Madhya Pradesh 452016, India
Scrap Shopee
63, Annapurna Rd, Ahilya Nagar, Indore, Madhya Pradesh 452009, India
new bombay scrap
80, Niranjanpur Cir, near CKD, Dewas Naka, Lasudia Mori, Indore, Madhya Pradesh 452010, India
Indore Scrap Traders (Haji salim bhai)
48, Mechanic Nagar, Indore, Madhya Pradesh 452014, India
Sagar Scrap Trader
Gita Bhawan Rd, Manorama Ganj, Indore, Madhya Pradesh 452001, India
All over scrap
Jaora company, Sector DK1, Scheme No 74, Indore, Madhya Pradesh 452010, India
oldcarscrap
4 chandmari et bhatta, Dhar Rd, Shri Krishna Colony, Adarsh Indria Nagar, Indore, Madhya Pradesh 452002, India
Scrap Shop
Tulsi Nagar Rd, Tulsi Nagar, Mahalaxmi Nagar, Indore, Madhya Pradesh 452010, India
Go scrap
World Cup choraha, 267/2, Pipliyahana, Indore, Madhya Pradesh 452016, India
Scrap Buyers Indore
818, Shekhar central, Palasia Square, Manorama Ganj, Indore, Madhya Pradesh 452001, India
Rida scrap traders (lamsam kabadi)
P7 and P8, gurudwara road, near apple hospital, near apsara turbo, Mechanic Nagar, Indore, Madhya Pradesh 452014, India
Saify Scrap
17 A, near Modern Chouraha, Sector C, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
Malwa Scrap Traders
House No. 314, near DNS Hospital, Anoop Nagar, Indore, Madhya Pradesh 452018, India
Poonam Scrap Bhandar
Bharat Petrol Pump, Ganesh Tollkanta, 88, Sector E, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
A to Z scrap
4/3, near Gokuldas Hospital Building, South Tukoganj, Indore, Madhya Pradesh 452001, India
Santosh scrap
Ek 384 Scheme number 54, Vijay Nagar, Scheme No 54, Indore, Madhya Pradesh 452010, India
ASB SCRAP
Shantipath Road, Nagar Nigam Rd, Ram Bagh, Indore, Madhya Pradesh 452007, India
Scrapsell. Com
mayur bag narsari, 6, Dhar Rd, Sirpur, Indore, Madhya Pradesh 452002, India
Shree Bherunath Scrap
Shop No. 1, Shiv mandir, Kanadia Main Rd, Indore, Madhya Pradesh 452013, India
Priyanka scrap
168, Shubham Nagar Main Rd, Kaveri Nagar, Indore, Madhya Pradesh 452006, India
Aayushi scrap
Plot number 1 parag nagar, near avantika sweets, infront of, Row House, Royal Bungalow, Sukhliya, Indore, Madhya Pradesh 452010, India
Om sai scrap
Loha Mandi, B-117 New, opp. Pani tanki, New Loha Mandi, Dewas Naka, Scheme 78 Part 1 Phase 2, Indore, Madhya Pradesh 452010, India
Khilji Traders
Main Rd, near Bombay Hospital, Mahalaxmi Nagar, Indore, Madhya Pradesh 452010, India
Perfect Traders
16, Mechanic Nagar, Indore, Madhya Pradesh 452001, India
N.s traders
17/A, Chandan Nagar, Scheme 71, Indore, Madhya Pradesh 452002, India
Tha bhagar wala
Hati pala, Murai Mohalla, jini, muri, Indore, Madhya Pradesh 452001, India
Hoswin Incinerator Pvt Ltd
196-8, Sector F, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
Satyamitra Group
23, Sector B, Sanwer Road Industrial Area,, Sector B, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
Unique Eco Recycle
Plot No.26, RD Udyog Nagar, Nemawar Rd, behind Jio Petrol Pump, Industrial Area:, Palda, Indore, Madhya Pradesh 452001, India
R.P Industries
120-A, Sector F, Sanwer Road Industrial Area, Indore, Madhya Pradesh 452015, India
Ashoka Bhangar wala, Vijay Nagar Sector 7
QV4W+3PP, Vijay Nagar, Sector 7, Scheme No 54, Ant, Indore, Madhya Pradesh 452010, India
Iron Scrap Market in Indore
The iron scrap market in Indore is significantly influenced by the city's ongoing rapid construction boom and localized manufacturing activities. Supply primarily originates from demolition sites within expanding residential areas and from small-scale workshops specializing in metal fabrication near industrial estates. Demolition waste, particularly structural iron and rebar, forms a consistent bulk supply stream throughout the year. Demand remains robust, driven by local blacksmiths and fabrication units that require ferrous material for everything from household fixtures to machinery repairs. Collection points often congregate in specific scrap yards situated near major arterial roads, facilitating the movement of scrap metal to larger regional processing units. The market value fluctuates based on the grade—whether it is clean structural iron or mixed, contaminated scrap.
About the scrap market in Indore
Indore, Madhya Pradesh's commercial capital and a Smart City, has a rapidly growing scrap market backed by its diverse industrial base. The Pithampur industrial area — one of India's largest automobile and engineering clusters — along with pharmaceutical companies and IT parks, drives strong demand for metal scrap. Indore's status as India's cleanest city has also boosted organized waste collection and recycling infrastructure.
Auto-grade steel and aluminum scrap from Pithampur's manufacturing units are Indore's top commodities. Copper from electrical equipment and brass from traditional metalwork are also actively traded. The city's organized waste management system means better-quality sorted scrap reaches dealers, often commanding 5-8% premiums over unsorted lots. Indore's prices generally track the MP state average, with slight premiums for auto-grade scrap.
The main scrap markets in Indore are at Loha Mandi (iron market), Juni area, and dealers near the Sanwer Road industrial belt. For automotive scrap, dealers near Pithampur offer the best rates. Most city dealers provide pickup from 15 kg. Cash payment is standard, and electronic weighing is widely used. Indore's market is relatively organized compared to other MP cities — posted rates are usually honored without excessive negotiation.
Selling Iron Scrap in Indore, Madhya Pradesh?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Indore, 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 Indore:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-43/kg — that's 15-20% more than mixed iron at ₹35.66/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Indore vs Madhya Pradesh
| Location | Price/kg | vs Indore |
|---|---|---|
| Indore (This city) | ₹35.66 | — |
| Madhya Pradesh State Avg (80 cities) | ₹35.39 | +0.27 |
| India Average | ₹36.00 | -0.34 |
| Sidhi | ₹37.14 | -1.48 |
| Manawar | ₹36.91 | -1.25 |
| Itarsi | ₹36.75 | -1.09 |
| Multai | ₹36.71 | -1.05 |
| Balaghat | ₹36.69 | -1.03 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Indore
Global demand for Iron significantly influences local prices in Indore, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Indore.
Understanding Iron Scrap Rates in Indore
The Iron scrap market in Indore, Madhya Pradesh 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 Indore 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 Indore, 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 Indore, 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 Indore
What is today's iron scrap rate in Indore?
Today's iron scrap rate in Indore, Madhya Pradesh is ₹35.66 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 Indore, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Indore?
Check the verified iron scrap dealers listed above in Indore. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Indore 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.