Today's Iron Scrap Rate in Madikeri, Karnataka
Live Price per kg
₹36.64
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 Madikeri, Karnataka
Prabhu Metals
near Chowk, Mahadevpet, Madikeri, Karnataka 571201, India
FOUR STAR SCRAPS
Karnataka, near markaz public school kottamudi, Madikeri, Hodavada, Karnataka 571214, India
Scrap Shop
Madikeri, Road, Nagarur, Bajegundi, Karnataka 571236, India
Iron Scrap Market in Madikeri
In Madikeri, the iron scrap market operates on a scale dictated by local construction and maintenance rather than large-scale industrial output. Primary sources of iron scrap are typically derived from the dismantling of older residential structures and the ancillary workshops supporting the surrounding plantation economy. These local scrap yards, often situated near the main market areas, process materials from minor fabrication units that service household repairs or agricultural machinery upkeep. Demand for iron is sustained by local blacksmiths and small metalworkers who require scrap for fabricating gates, railings, and tools essential for the region's upkeep. While large auto or steel plants are not major contributors, the steady flow from demolition and repair activities keeps the local iron trade active, circulating materials within the town's immediate commercial belt.
About the scrap market in Madikeri
Madikeri, the picturesque headquarters of Kodagu district, presides over Karnataka's premier coffee-growing region from its perch in the Western Ghats. Coffee curing works, spice drying units, and the tourism hospitality sector are the primary economic activities that generate recyclable metal waste.
Coffee pulping machine components made of cast iron and MS, aluminium roofing from plantation sheds, and copper wiring from resort renovations are regularly traded. Cast iron pulper parts fetch ₹21–25 per kg, while copper wiring from electrical upgrades commands ₹630–690 per kg in this hill station market.
The hilly terrain increases transport costs, so accumulating a substantial lot before selling is more important here than in plains towns. Dealers from Mysuru and Mangaluru visit Madikeri periodically for bulk pickups, and aligning sales with these visits avoids the expense and hassle of arranging downhill transport independently.
Selling Iron Scrap in Madikeri, 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 Madikeri, 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 Madikeri:
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 ₹36.64/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Madikeri vs Karnataka
| Location | Price/kg | vs Madikeri |
|---|---|---|
| Madikeri (This city) | ₹36.64 | — |
| Karnataka State Avg (88 cities) | ₹36.51 | +0.13 |
| India Average | ₹36.00 | +0.64 |
| Bangalore | ₹38.15 | -1.51 |
| Sindhagi | ₹38.12 | -1.48 |
| Shivamogga | ₹37.87 | -1.23 |
| Belagavi | ₹37.84 | -1.20 |
| Chikkamagaluru | ₹37.82 | -1.18 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Madikeri
Global demand for Iron significantly influences local prices in Madikeri, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Madikeri.
Understanding Iron Scrap Rates in Madikeri
The Iron scrap market in Madikeri, 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 Madikeri 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 Madikeri, 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 Madikeri, 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 Madikeri
What is today's iron scrap rate in Madikeri?
Today's iron scrap rate in Madikeri, Karnataka is ₹36.64 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 Madikeri, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Madikeri?
Check the verified iron scrap dealers listed above in Madikeri. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Madikeri 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.