Today's Iron Scrap Rate in Mulbagal, Karnataka
Live Price per kg
₹36.03
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 Mulbagal, Karnataka
Radhika steel and fqbrication
5C92+PW, Mulbagal, Karnataka 563131, India
AJM. traders
597P+9HQ, Bazzar St, Mulbagal, Karnataka 563131, India
RMC Market
RMC market, 595W+3P3, Mulbagal, Karnataka 563131, India
Jayalakshmi Stores
MC Rd, Mulbagal, Karnataka 563131, India
Iron Scrap Market in Mulbagal
The iron scrap market in Mulbagal is primarily driven by localized construction activities and the repair needs of agricultural machinery servicing the surrounding rural belt. Supply sources are typically fragmented, originating from dismantled household metal, small-scale fabrication workshops located near the main town centre, and remnants from minor construction sites rather than large industrial complexes. Demand remains consistent from local blacksmiths and small-scale metalworkers who require basic structural iron for immediate repairs and minor implements. Collection points are often informal yards situated along the main connecting roads, facilitating the movement of scrap iron to larger processing centres in nearby urban nodes. The pricing for various grades of iron, such as rebar offcuts or cast iron pieces, fluctuates based on the current availability of demolition waste rather than large-scale industrial overstock.
About the scrap market in Mulbagal
Mulbagal, a historic town in Karnataka's Kolar district, is situated in a region once famous for gold mining and now increasingly oriented toward sericulture and granite quarrying. The transition from mining to quarrying has shifted the scrap profile toward stone-cutting equipment parts and heavy vehicle components.
Diamond-tipped saw blade scrap, hydraulic cylinder remnants, and truck body steel panels are notable trade items alongside conventional iron scrap priced at INR 25–32 per kg. Copper winding wire from old silk-reeling motors and aluminium from defunct mining infrastructure occasionally surface in the market as well.
Mulbagal's proximity to Bangalore, just about 100 kilometers away, gives sellers access to one of Karnataka's most competitive scrap markets. Accumulating at least 500 kg before arranging transport to Bangalore-based dealers can offset freight costs and result in a net gain of INR 3–5 per kg over local sale prices.
Selling Iron Scrap in Mulbagal, 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 Mulbagal, 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 Mulbagal:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-43/kg — that's 15-20% more than mixed iron at ₹36.03/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Mulbagal vs Karnataka
| Location | Price/kg | vs Mulbagal |
|---|---|---|
| Mulbagal (This city) | ₹36.03 | — |
| Karnataka State Avg (88 cities) | ₹36.51 | -0.48 |
| India Average | ₹36.00 | +0.03 |
| Bangalore | ₹38.15 | -2.12 |
| Sindhagi | ₹38.12 | -2.09 |
| Shivamogga | ₹37.87 | -1.84 |
| Belagavi | ₹37.84 | -1.81 |
| Chikkamagaluru | ₹37.82 | -1.79 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Mulbagal
Global demand for Iron significantly influences local prices in Mulbagal, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Mulbagal.
Understanding Iron Scrap Rates in Mulbagal
The Iron scrap market in Mulbagal, 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 Mulbagal 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 Mulbagal, 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 Mulbagal, 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 Mulbagal
What is today's iron scrap rate in Mulbagal?
Today's iron scrap rate in Mulbagal, Karnataka is ₹36.03 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 Mulbagal, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Mulbagal?
Check the verified iron scrap dealers listed above in Mulbagal. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Mulbagal 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.