Today's Iron Scrap Rate in Madhubani, Bihar
Live Price per kg
₹35.23
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 Madhubani, Bihar
Mahi Steel And Furniture
Mahi Steel And Furniture, Station Rd, Madhubani, Bihar 847213, India
Boss scrap
Opposit og gangasagar colony word no 12 main road, Bhavara, Madhubani, Bihar 847212, India
ANSH MOBILE Madhubani
Infront of hotel Kishor, Midpoint Railway station and Ganga Sagar Chowk, Station Rd, Surat Ganj, Madhubani, Bihar 847211, India
Bhowara Ward No.27
Ward No 9, Bhowara, Madhubani, Bihar 847212, India
Hemant Handloom
Masjid Chowk, Bara Bazar, Madhubani, Bihar 847213, India
Chandni Bartan Bhandar Loha Patti Madhubani
9329+HXJ, Lohapatti Rd, Professor's Colony, Bara Bazar, Madhubani, Bihar 847211, India
Iron Scrap Market in Madhubani
The iron scrap market in Madhubani is primarily driven by localized construction activity and the maintenance of agricultural machinery across the district. Supply sources are typically decentralized, originating from dismantled household items, small-scale local workshops, and the repair needs of farm implements rather than large industrial sources. Collection points often concentrate near the main bazaar areas or along the routes connecting village clusters to the town centre. Demand for ferrous scrap is sustained by local blacksmiths and small fabrication units that require material for immediate repairs or artisanal metalwork. Due to its regional nature, the volume of trade is highly dependent on seasonal construction cycles and the agricultural cycle, meaning much of the sorted scrap must be aggregated and transported to larger metal processing hubs for optimal sale value.
About the scrap market in Madhubani
Madhubani, famous worldwide for its traditional folk art, has an economy primarily rooted in agriculture and handicrafts, with limited heavy industry. However, the town's growing urbanization and expanding construction activity have gradually increased the volume of demolition and household scrap entering the local market.
Construction debris metals such as TMT bar cuttings, binding wire, and GI sheet offcuts are the most frequently sold items, with TMT bar scrap priced around INR 30-35/kg. Old utensils made of brass, copper, and aluminium also constitute a significant portion of household scrap trade in the district.
Household sellers can benefit from collecting items over several months to build a worthwhile lot before calling a dealer. Checking rates in Darbhanga, the nearest major market, gives a useful reference point and strengthens a seller's negotiating position in Madhubani.
Selling Iron Scrap in Madhubani, Bihar?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Madhubani, 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 Madhubani:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-42/kg — that's 15-20% more than mixed iron at ₹35.23/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Madhubani vs Bihar
| Location | Price/kg | vs Madhubani |
|---|---|---|
| Madhubani (This city) | ₹35.23 | — |
| Bihar State Avg (68 cities) | ₹34.99 | +0.24 |
| India Average | ₹36.00 | -0.77 |
| Maner | ₹36.83 | -1.60 |
| Dehri-on-Sone | ₹36.49 | -1.26 |
| Rosera | ₹36.36 | -1.13 |
| Rafiganj | ₹36.05 | -0.82 |
| Sheohar | ₹36.01 | -0.78 |
Prices compared across 68 cities in Bihar. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Madhubani
Global demand for Iron significantly influences local prices in Madhubani, Bihar.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Madhubani.
Understanding Iron Scrap Rates in Madhubani
The Iron scrap market in Madhubani, Bihar 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 Madhubani 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 Madhubani, 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 Madhubani, 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 Madhubani
What is today's iron scrap rate in Madhubani?
Today's iron scrap rate in Madhubani, Bihar is ₹35.23 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 Madhubani, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Madhubani?
Check the verified iron scrap dealers listed above in Madhubani. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Madhubani 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.