Today's Iron Scrap Rate in Jamshedpur, Jharkhand
Live Price per kg
₹34.99
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 Jamshedpur, Jharkhand
scrap godown
Unnamed Road, Naginapuri, Dindli Basti, Adityapur, Jamshedpur, Jharkhand 831013, India
Universal Steel Corporation
Main Road, Muslim Basti, Lakshimi Nagar, Burma Mines, Jamshedpur, Jharkhand 831007, India
Maa Sharda Endeavor Pvt. Ltd(Best Scrap Dealer in Jamshedpur) - Best Scrap Dealer in Jamshedpur
Lal Baba Tube Complex, Foundary Road, Premnagar, Lakshimi Nagar, Burma Mines, Jamshedpur, Jharkhand 831007, India
Scrap jugsalai Jamshedpur
Tata - Hata Main Rd, Gharib Nawaz Colony, Mahtopara, Jugsalai, Jamshedpur, Jharkhand 831006, India
screp wala, old kabad
Pardih Chowk, Pardih Basti, Iqra Colony, Mango, Jamshedpur, Tamlia, Jharkhand 831020, India
Hulladek Recycling
House Number 29 & 30, Birupa, Road, Ambagan, Sakchi, Jamshedpur, Jharkhand 831001, India
The Raddiwala
Danga chowk 2, near Mithila motors, Jamshedpur, Jharkhand 831012, India
kabadiwala jamshedpur
H. NO - 33, DANGA, NEAR DENTAL COLLEGE BHILAIPAHARI, P.S M.G.M DIMNA TOWN, Jamshedpur, Jharkhand 831012, India
BHARATKABADI
Khalsa Basti Near 33kv Substation tin plate, Church P.S, behind Golmuri, Golmuri, Jamshedpur, Jharkhand 831003, India
Shree shyam traders
lal baba, Foundry Rd, Kailash Nagar, Burma Mines, Jamshedpur, Jharkhand 831007, India
Iron Scrap Market in Jamshedpur
Jamshedpur's market for iron scrap is intrinsically linked to its history as a major industrial centre, particularly its proximity to steel manufacturing units. The primary supply stream originates from scrap generated by local fabrication workshops, railway maintenance depots, and the continuous decommissioning of old industrial machinery across areas like Telco Colony and adjacent industrial estates. Demand remains consistently high due to ongoing infrastructure development and the continuous need for raw material in local blacksmithing and metalworking units that support the regional economy. Traders typically source large volumes of structural iron, including rails, beams, and cast iron components, which are processed in designated scrap yards near the industrial belts. The consistent output from established steel production processes ensures a steady, predictable supply, making iron a cornerstone commodity for the region's secondary metal processing sector.
About the scrap market in Jamshedpur
Jamshedpur, India's steel city and home of Tata Steel, has one of the country's most important scrap markets. Tata Steel's integrated steel plant, Tata Motors' truck manufacturing facility, and hundreds of ancillary industries make the city a major consumer and producer of metal scrap. The Adityapur industrial area — one of Asia's largest auto ancillary clusters — adds massive volumes of engineering scrap.
Steel and iron scrap of all grades are consumed in enormous quantities by Tata Steel and the local re-rolling mills. Auto-grade steel from Tata Motors' ecosystem, copper from electrical equipment, and manganese and alloy steel scrap from specialty steel production are premium categories. Jamshedpur's ferrous scrap prices are among the highest in India — often exceeding Kolkata and matching Mumbai — due to Tata Steel's insatiable demand.
Key scrap markets include Adityapur industrial area, Bistupur market, and dealers near the Tata Steel plant gate. For steel plant-grade scrap, approach Tata Steel's authorized scrap procurement agents. The Adityapur cluster dealers handle auto-grade materials. Most dealers handle 50 kg+. Cash and bank transfers are both used. Jamshedpur is one of India's strongest seller's markets for ferrous scrap — Tata Steel's demand keeps prices consistently high.
Selling Iron Scrap in Jamshedpur, 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 Jamshedpur, 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 Jamshedpur:
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 ₹34.99/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Jamshedpur vs Jharkhand
| Location | Price/kg | vs Jamshedpur |
|---|---|---|
| Jamshedpur (This city) | ₹34.99 | — |
| Jharkhand State Avg (28 cities) | ₹35.23 | -0.24 |
| India Average | ₹36.00 | -1.01 |
| Madhupur | ₹36.47 | -1.48 |
| Ranchi | ₹36.41 | -1.42 |
| Jhumri Tilaiya | ₹36.30 | -1.31 |
| Bokaro | ₹36.14 | -1.15 |
| Phusro | ₹36.00 | -1.01 |
Prices compared across 28 cities in Jharkhand. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Jamshedpur
Global demand for Iron significantly influences local prices in Jamshedpur, Jharkhand.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Jamshedpur.
Understanding Iron Scrap Rates in Jamshedpur
The Iron scrap market in Jamshedpur, 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 Jamshedpur 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 Jamshedpur, 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 Jamshedpur, 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 Jamshedpur
What is today's iron scrap rate in Jamshedpur?
Today's iron scrap rate in Jamshedpur, Jharkhand is ₹34.99 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 Jamshedpur, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Jamshedpur?
Check the verified iron scrap dealers listed above in Jamshedpur. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Jamshedpur 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.