Today's Iron Scrap Rate in Latur, Maharashtra
Live Price per kg
₹36.80
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 Latur, Maharashtra
Sana Scrap Merchant
Juna katpur road, ke samne, Galli No. 1, Raje Shivaji Nagar, Gauspura, Moti Nagar, Latur, Maharashtra 413512, India
Tajammul Ustad Scrap Market
Raje Shivaji Nagar, Moti Nagar, Latur, Maharashtra 413512, India
Tirupati Scrap Merchant & Sri Sai Scrap Merchant & Shubham Traders, Latur
Fruit Market, Ganj Golai, Latur, Maharashtra 413512, India
LATUR SCRAP MERCHANT
SHOP NO 07,NEAR SAI NAKA,ARVI ROAD,LATUR NEAR SAI NAKA,ARVI, ROAD, Latur, Maharashtra 413531, India
A.K Scrap (Best Spare Parts Available)
Basaveshwar chowk, Patel Nagar, Latur, Maharashtra 413512, India
GSM Scrap merchant
CG5X+PP9, Deep Jyoti Nagar, Latur, Maharashtra 413531, India
Khan Traders
Survey no. 89, Sarola Rd, Maharanapratapnagar, Latur, Maharashtra 413512, India
A1 Traders
Malwati Road Dr, APJ Abdul Kalam Chowk, Latur, Hanamantwadi, Maharashtra 413512, India
S H Scraip Dealer
Anand Nagar, Latur, Maharashtra 413512, India
Iron Scrap Market in Latur
The iron scrap market in Latur, Maharashtra, is primarily dictated by local construction activity and the needs of small-scale metal fabrication workshops situated near the main market thoroughfares. Supply streams mainly originate from dismantled agricultural machinery, old domestic fixtures, and the periodic demolition of older structures within the town limits. Demand remains steady, driven by local blacksmiths and workshops that utilize the scrap for repairs, gates, and minor fabrication jobs, rather than large-scale industrial output. Collection points often cluster near the railway lines or designated scrap yards where itinerant collectors gather materials from residential areas. The pricing structure for different grades of iron, such as mild steel beams versus cast iron fittings, fluctuates based on the immediate requirement of the local smelters and workshops servicing the district. Therefore, the market remains highly localized, relying on efficient collection networks within the urban sprawl.
About the scrap market in Latur
Latur, in Maharashtra's Marathwada, has a scrap market driven by its massive dal processing industry, sugar mills, and construction. The city is one of India's largest dal trading hubs with significant processing machinery generating scrap.
Iron from dal mill and sugar equipment, copper from motors, and stainless steel from food processing are primary materials. Prices are 8-10% below Pune.
Key areas include Ausa Road industrial zone and main market. Most dealers pick up from 15 kg. Cash is standard.
Selling Iron Scrap in Latur, Maharashtra?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Latur, 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 Latur:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹42-44/kg — that's 15-20% more than mixed iron at ₹36.80/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Latur vs Maharashtra
| Location | Price/kg | vs Latur |
|---|---|---|
| Latur (This city) | ₹36.80 | — |
| Maharashtra State Avg (127 cities) | ₹36.83 | -0.03 |
| India Average | ₹36.00 | +0.80 |
| Malkapur | ₹38.57 | -1.77 |
| Mumbai | ₹38.54 | -1.74 |
| Palghar | ₹38.48 | -1.68 |
| Uran Islampur | ₹38.38 | -1.58 |
| Sangamner | ₹38.36 | -1.56 |
Prices compared across 127 cities in Maharashtra. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Latur
Global demand for Iron significantly influences local prices in Latur, Maharashtra.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Latur.
Understanding Iron Scrap Rates in Latur
The Iron scrap market in Latur, Maharashtra 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 Latur 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 Latur, 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 Latur, 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 Latur
What is today's iron scrap rate in Latur?
Today's iron scrap rate in Latur, Maharashtra is ₹36.80 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 Latur, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Latur?
Check the verified iron scrap dealers listed above in Latur. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Latur 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.