Today's Iron Scrap Rate in Mundi, Madhya Pradesh
Live Price per kg
₹35.25
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 Mundi, Madhya Pradesh
Raja scrap buyer, waste papers, பழைய இரும்பு கடை
No 146, Samundipuram Main Rd, Valayankadu South, P V C Nagar, Samundipuram, Tiruppur, Tamil Nadu 641603, India
Iron Scrap Market in Mundi
Today's iron scrap rate in Mundi is ₹35.25/kg as of 20 May 2026. 1+ verified scrap buyers in Mundi, Madhya Pradesh are accepting iron scrap right now. Prices vary based on grade, quantity, and pickup location — request a direct quote from any of the dealers below using the *Get Quote* button to lock in today's rate before market fluctuations.
About the scrap market in Mundi
Mundi, a small town in Madhya Pradesh's Khandwa district, sits within the Narmada river valley's agricultural belt where cotton and soybean farming prevail. The town's economy, while primarily agrarian, includes cotton ginning units and oil mills whose periodic equipment replacements channel industrial-grade scrap into the local market.
Ginning press components and oil expeller parts in cast iron and mild steel trade at ₹21–25 per kg. Cotton bale strapping wire, accumulated in significant quantities during the ginning season, sells as low-grade steel scrap at ₹15–19 per kg. Copper from electrical motors and aluminium cookware from households round out the non-ferrous segment at ₹460–530 and ₹100–130 per kg respectively.
Cotton ginning season between October and March presents the optimal window for scrap generation and sale in Mundi. Ginning factory operators should designate a scrap collection area within their premises to prevent valuable non-ferrous items from being mixed with general waste, a common oversight that results in measurable revenue loss over the course of a season.
Selling Iron Scrap in Mundi, Madhya Pradesh?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Mundi, 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 Mundi:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-42/kg — that's 15-20% more than mixed iron at ₹35.25/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Mundi vs Madhya Pradesh
| Location | Price/kg | vs Mundi |
|---|---|---|
| Mundi (This city) | ₹35.25 | — |
| Madhya Pradesh State Avg (80 cities) | ₹35.39 | -0.14 |
| India Average | ₹36.00 | -0.75 |
| Sidhi | ₹37.14 | -1.89 |
| Manawar | ₹36.91 | -1.66 |
| Itarsi | ₹36.75 | -1.50 |
| Multai | ₹36.71 | -1.46 |
| Balaghat | ₹36.69 | -1.44 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Mundi
Global demand for Iron significantly influences local prices in Mundi, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Mundi.
Understanding Iron Scrap Rates in Mundi
The Iron scrap market in Mundi, Madhya Pradesh 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 Mundi 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 Mundi, 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 Mundi, 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 Mundi
What is today's iron scrap rate in Mundi?
Today's iron scrap rate in Mundi, Madhya Pradesh is ₹35.25 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 Mundi, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Mundi?
Check the verified iron scrap dealers listed above in Mundi. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Mundi 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.