Today's Iron Scrap Rate in Kolar, Karnataka
Live Price per kg
₹37.37
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 Kolar, Karnataka
Deepika Metals and Scraps
Vivek Nagar 3rd Cross Road, Vivek Nagar, Kolar Gold Fields, Robertsonpet, Karnataka 563122, India
SA MODERN TRADERS
CB pur road, Sangondahalli, Kolar, Karnataka 563101, India
Sm Traders
Sm Traders, Road, near Brick Factory, inside Kolar, Rajnagar, Malur, Lingapura, Karnataka 563130, India
Rajanna Taiwan pink and red diomond / Japan red guava Farm House Abbani Kolar
36X8+FR, Kolar, Haralakunte, Karnataka 563103, India
Iron Scrap Market in Kolar
The iron scrap market in Kolar, Karnataka, is primarily dictated by localized construction activity and the breakdown of agricultural machinery from the surrounding rural belts. Supply streams are less concentrated than in major industrial corridors, relying heavily on small-scale demolition work and the salvage of old farm implements, which constitute a significant portion of the ferrous intake. Collection points near the main market areas serve as initial aggregation hubs for this material. Demand for iron scrap remains steady, driven by local fabrication units that service the area's basic infrastructure needs and small workshops. While large-scale auto dismantling is infrequent, the consistent turnover from local repair shops ensures a baseline supply. Much of the processed scrap is subsequently transported out of Kolar, often towards larger metal recycling centres in nearby urban centres, influencing the prevailing local rates.
About the scrap market in Kolar
Kolar in Karnataka, historically known for the Kolar Gold Fields (KGF), has a scrap market driven by silk reeling, granite quarrying, and the legacy of gold mining. The city is transitioning from mining to manufacturing with new industrial areas.
Mining equipment from KGF legacy, silk reeling machinery, and granite processing scrap are traded. Prices are 5-8% below Bangalore.
Trading around the main market and KGF area. Most dealers pick up from 10 kg. Cash is standard.
Selling Iron Scrap in Kolar, Karnataka?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Kolar, 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 Kolar:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹43-45/kg — that's 15-20% more than mixed iron at ₹37.37/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Kolar vs Karnataka
| Location | Price/kg | vs Kolar |
|---|---|---|
| Kolar (This city) | ₹37.37 | — |
| Karnataka State Avg (88 cities) | ₹36.51 | +0.86 |
| India Average | ₹36.00 | +1.37 |
| Bangalore | ₹38.15 | -0.78 |
| Sindhagi | ₹38.12 | -0.75 |
| Shivamogga | ₹37.87 | -0.50 |
| Belagavi | ₹37.84 | -0.47 |
| Chikkamagaluru | ₹37.82 | -0.45 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Kolar
Global demand for Iron significantly influences local prices in Kolar, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Kolar.
Understanding Iron Scrap Rates in Kolar
The Iron scrap market in Kolar, Karnataka 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 Kolar 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 Kolar, 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 Kolar, 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 Kolar
What is today's iron scrap rate in Kolar?
Today's iron scrap rate in Kolar, Karnataka is ₹37.37 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 Kolar, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Kolar?
Check the verified iron scrap dealers listed above in Kolar. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Kolar 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.