Today's Iron Scrap Rate in Madhupur, Jharkhand
Live Price per kg
₹37.63
Last updated: 4 April 2026
Selling Iron Scrap in Madhupur, Jharkhand?
If you have bulk quantities of Iron scrap in Madhupur, Jharkhand, you can get the best market value by connecting with our verified network of buyers. The price of Iron is currently stable at ₹37.63/kg, though prices can vary based on purity and total weight.
Pro Tip for Iron Sellers in Madhupur:
Always ensure your Iron scrap is free from attachments like plastic, rubber, or other metals to get the highest possible "Grade A" price from dealers in Madhupur.
Iron Scrap Price Comparison — Madhupur vs Jharkhand
| Location | Price/kg | vs Madhupur |
|---|---|---|
| Madhupur (This city) | ₹37.63 | — |
| Jharkhand State Avg (28 cities) | ₹36.52 | +1.11 |
| India Average | ₹37.00 | +0.63 |
| Jhumri Tilaiya | ₹38.08 | -0.45 |
| Bokaro | ₹37.50 | +0.13 |
| Ranchi | ₹37.30 | +0.33 |
| Musabani | ₹37.22 | +0.41 |
| Phusro | ₹37.21 | +0.42 |
Prices compared across 28 cities in Jharkhand. Updated 4 April 2026.
Verified Iron 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
Factors Affecting Iron Scrap Prices in Madhupur
Global demand for Iron 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 Iron Scrap Rates in Madhupur
The Iron 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 Iron 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.
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 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 Iron 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.
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.