Today's Iron Scrap Rate in Madurai, Tamil Nadu
Live Price per kg
₹36.75
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 Madurai, Tamil Nadu
14/49, Lakshmipuram Cross St, Madurai
Shri Thiruvannamalai scrap bazar
Vandiyur, Thasildar Nagar, Madurai, Tamil Nadu 625020, India
MUTHIAH METALS & STORE
30a/1, 2nd East Main Rd, Anna Nagar, Sathamangalam, Madurai, Tamil Nadu 625020, India
Muthu Metals Corporation
14/49, Lakshmipuram Cross St, Madurai, Tamil Nadu 625001, India
DHASVIN WASTE PAPER&OLD SCRAP STORE
Corporation Work Shop, 58, Workshop Rd, Madurai Main, Madurai, Poondhotam, Tamil Nadu 625001, India
Ranjani Waste paper & scrap shop
T, rode, Perungudi, Madurai, Tamil Nadu 625107, India
Andarkottaram sakkimangalam, back side, Government high school, main Rd, Madurai, Andarkottaram, Tamil Nadu 625020, India
Chandran Metals
38-39, 2nd St, Lakshmipuram, Madurai, Tamil Nadu 625001, India
Anantha Metal Company Firm
43A, Kamarajar Salai, Madurai, Tamil Nadu 625009, India
AMSA STEEL TRADERS
66/3b, Manikandan St, Bharathiyar, Jaihindpuram, Madurai, Tamil Nadu 625011, India
️ செல்வா மெட்டல் மார்ட்
275, West Anuppanadi, Housing Board, Madurai, Tamil Nadu 625009, India
S.V.கருப்பசாமி நாடார் பழைய மரக்கடை
69, Munichalai Rd, Munichalai, Madurai, Tamil Nadu 625009, India
Lakshmi Palaiya Irumbu Kadai
X5G9+HGP Alagar, Koil Road, Kadachanendhal, Madurai, Tamil Nadu 625104, India
Elim Traders (Waste Paper Store)
226, Nethaji Main Rd, near Karunai Hospital, B B Kulam, Madurai, Tamil Nadu 625002, India
Thirukumaran Waste Paper Store
2/917-3, Maruthu Pandiyar St, Anna Nagar, Vandiyur, Thasildar Nagar, Madurai, Tamil Nadu 625020, India
Shri Hariharan waste paper Store
W478+W4W, W Vadampokki St, Periyar, Madurai Main, Madurai, Tamil Nadu 625001, India
Sri Balamurugan Waste Paper Stores
21, Vengalakadai St, Madurai Main, Madurai, Tamil Nadu 625001, India
Jas waste paper store
Park Town, Thabaal Thanthi Nagar, Bama Nagar, Madurai, Tamil Nadu 625017, India
5 110, Anna Nagar, Madurai, Sathamangalam, Tamil Nadu 625020, India
SS paper store all waste things collection
RR Biryani, Lakshmi Puram First St, opposite Madurai, Madurai, Tamil Nadu 625009, India
Varalakshmi Waste Paper Shop
Kamarajar 1st street, Bi Bi Kulam Rd, near Suriya Clinic, Madurai, Tamil Nadu 625002, India
Iron Scrap Market in Madurai
The iron scrap market in Madurai is significantly influenced by the city's dense historical architecture and ongoing construction cycles. A primary source of scrap material comes from the demolition and renovation of older structures, particularly in the commercial cores and around the Meenakshi Amman Temple area, generating substantial volumes of structural iron. Demand is consistently driven by local fabrication units and small-scale engineering workshops that utilize salvaged iron for repairs and custom metalwork, rather than large-scale industrial output. Collection points often congregate near major thoroughfares and secondary industrial estates where these smaller metal processing units operate. While large-scale steel consumption is more visible, the steady supply of assorted cast and wrought iron pieces ensures a consistent, localized trade flow for scrap dealers operating within the city limits.
About the scrap market in Madurai
Madurai, Tamil Nadu's cultural capital and a growing industrial city, has a vibrant scrap market fed by its textile mills, granite processing units, and auto component manufacturers. The SIDCO Industrial Estate and Kappalur industrial zone host numerous small and medium enterprises that generate consistent metal and plastic scrap. Madurai also serves as a regional scrap aggregation hub for nearby districts like Theni, Dindigul, and Sivaganga.
Iron and steel scrap from construction and old textile machinery are the most traded materials in Madurai. Copper from electrical rewinding shops and aluminum from household utensil manufacturing are also significant. Plastic scrap from PET bottles and HDPE containers forms a growing segment. Madurai's scrap prices generally align with the Tamil Nadu average, though they can dip 5-8% below Chennai rates due to lower industrial density.
The main scrap trading areas in Madurai are around Mattuthavani, Tallakulam, and the East Veli Street market. Most dealers offer pickup for quantities above 15 kg. Cash payment is the norm for household scrap. Sellers with larger quantities should approach recyclers near Kappalur industrial area directly — they typically pay 10-15% more than local kabadiwala for sorted, clean scrap.
Selling Iron Scrap in Madurai, Tamil Nadu?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Madurai, 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 Madurai:
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 ₹36.75/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Madurai vs Tamil Nadu
| Location | Price/kg | vs Madurai |
|---|---|---|
| Madurai (This city) | ₹36.75 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | +0.15 |
| India Average | ₹36.00 | +0.75 |
| Salem | ₹38.93 | -2.18 |
| Vedaranyam | ₹38.45 | -1.70 |
| Theni Allinagaram | ₹38.37 | -1.62 |
| Sirkali | ₹38.15 | -1.40 |
| Panagudi | ₹38.12 | -1.37 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Madurai
Global demand for Iron significantly influences local prices in Madurai, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Madurai.
Understanding Iron Scrap Rates in Madurai
The Iron scrap market in Madurai, Tamil Nadu 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 Madurai 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 Madurai, 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 Madurai, 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 Madurai
What is today's iron scrap rate in Madurai?
Today's iron scrap rate in Madurai, Tamil Nadu is ₹36.75 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 Madurai, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Madurai?
Check the verified iron scrap dealers listed above in Madurai. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Madurai 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.