Today's Copper Scrap Rate in Madhupur, Jharkhand
Live Price per kg
₹616.13
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 Copper Scrap Buyers in Madhupur, Jharkhand
Farhan steel
Panah Kola Rd, Madhupur, Jharkhand 815353, India
Ganesh Steel
Kundu Bunglow Rd Number 2, Beside SBI Branch Madhupur, Madhupur, Jharkhand 815353, India
Madhupur Metal
Gandhi Chowk, Madhupur, Jharkhand 815353, India
Copper Scrap Market in Madhupur
In Madhupur, the copper scrap market operates primarily on the basis of local electrical consumption and small-scale repair workshops rather than large industrial outflows. Supply is chiefly sourced from discarded household wiring, old electrical appliances, and minor plumbing fixtures accumulated in local collection points near the main market areas. The demand side is driven by local electricians and small fabrication units that require usable copper wire and tubing for repairs and minor electrical installations across the semi-urban landscape. While major metal recycling hubs are located further afield, local aggregators manage the initial sorting and weighing of materials like copper rods and insulated wires. The value of the scrap is highly dependent on the purity and the type of insulation attached, making careful segregation crucial for local buyers.
About the scrap market in Madhupur
Madhupur in Jharkhand's Deoghar district sits amidst forested terrain where silk weaving, stone quarrying, and timber processing define economic activity. The town's role as a halting point on the Jasidih–Dumka road means highway-related vehicle maintenance adds to scrap generation.
Quarry drilling equipment scrap, particularly tungsten carbide drill bits, commands ₹300–₹500/kg due to the rare metal content. Standard mild steel from stone crusher frames trades at ₹21–₹26/kg, and silk reeling machine copper components sell at ₹400–₹450/kg.
Tungsten carbide scrap requires specialist buyers—contacting Jamshedpur-based tool recyclers can yield substantially better prices than selling locally. Stone quarry operators should track drill bit wear and batch their disposal for quarterly bulk sales. Small sellers in Madhupur's bazaar can approach the weekly Thursday market, where visiting traders from Deoghar purchase miscellaneous household scrap.
Selling Copper Scrap in Madhupur, Jharkhand?
Copper is the most valuable common scrap metal, priced 15-20x higher than iron per kilogram. In Madhupur, copper scrap comes from electrical wiring, motor windings, plumbing pipes, AC refrigerant tubes, transformer coils, and electronic components. The market grades copper scrap into Bright Copper (clean, uncoated wire — highest value), #1 Copper (clean pipe and bus bar), #2 Copper (painted, soldered, or slightly contaminated), and Insulated Wire (copper with plastic coating).
Pro Tip for Copper Sellers in Madhupur:
Strip insulation from copper wire yourself — bare bright copper sells for ₹801-863/kg, which is 30-40% more than insulated wire at ₹400-462/kg. A wire stripper tool costs ₹500-1500 and pays for itself after stripping just 2-3 kg of wire.
Copper Scrap Price Comparison — Madhupur vs Jharkhand
| Location | Price/kg | vs Madhupur |
|---|---|---|
| Madhupur (This city) | ₹616.13 | — |
| Jharkhand State Avg (28 cities) | ₹599.35 | +16.78 |
| India Average | ₹610.67 | +5.46 |
| Patratu | ₹627.35 | -11.22 |
| Ranchi | ₹621.86 | -5.73 |
| Tenu dam-cum-Kathhara | ₹617.24 | -1.11 |
| Pakaur | ₹616.63 | -0.50 |
| Phusro | ₹612.43 | +3.70 |
Prices compared across 28 cities in Jharkhand. Updated 20 May 2026.
Factors Affecting Copper Scrap Prices in Madhupur
Global demand for Copper significantly influences local prices in Madhupur, Jharkhand.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Madhupur.
Understanding Copper Scrap Rates in Madhupur
The Copper scrap market in Madhupur, 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 Copper pricing. However, the actual rate you receive from a dealer in Madhupur also depends on local supply and demand, the proximity of recycling mills and foundries, and seasonal construction activity.
Copper scrap quality plays a significant role in pricing. Clean, sorted Copper 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 Copper scrap in Madhupur, 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 Copper scrap in Madhupur, 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 — Copper Scrap in Madhupur
What is today's copper scrap price in Madhupur?
Today's copper scrap rate in Madhupur, Jharkhand is ₹616.13 per kg for standard #1 copper. Bright copper commands a 10-15% premium, while insulated copper wire sells at 60-75% of the base rate depending on copper recovery percentage.
How to get the best price for copper scrap in Madhupur?
Sort copper by grade (bright, #1, #2, insulated), strip insulation from wire, remove any solder or brass fittings, and sell in bulk (5+ kg). Compare quotes from 2-3 verified dealers in Madhupur — copper prices can vary significantly between dealers.
What types of copper scrap are most valuable?
Bright copper (clean, bare, uncoated wire) is the most valuable at ₹832/kg. Followed by #1 copper (clean pipe/bus bar) at ₹616.13/kg, then #2 copper (with solder/paint) at ₹555/kg.
Disclaimer: All Copper 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.