Verified Iron Scrap Buyers in Mysore, Karnataka

Shariff's Steel Traders

3209/80, Chikka veeranna Rd, Bannimantap, Mysuru, Karnataka 570015, India

A Shams Warsi Scrap Traders

# 192/1 Geeta Mandir Road Opp Mini Gate New Gujri Bazaar, Lashkar Mohalla, Mandi Mohalla, Mysuru, Karnataka 570001, India

Mysore Scrap Traders

3146, Convent Road, L. Mohalla, Mysuru, Karnataka 570001, India

The Paper Scrap Mysore

No 13/A, Azeez Sait Main Rd, Shantinagara North, Udayagiri, Mysuru, Karnataka 570019, India

Contact info coming soon

Scrap (Gujri )BAZAAR

near, Sri Geetha Mandira Rd, Lashkar Mohalla, Mandi Mohalla, Mysuru, Karnataka 570001, India

Classic Enterprises

3146, Convent Road, Convent Road Lashkar Mohalla near St. Philomina's Church, Earangere, Mandi Mohalla, Mysuru, Karnataka 570001, India

Shri Nanjundeshwara Traders

4th west cross, Ashoka Rd, Lashkar Mohalla, kumbargeri, Mysuru, Karnataka 570001, India

SBA Traders

No: 3208, M-16, 16/1, Chikka veeranna Rd, A Layout, Industrial Area, Bannimantap, Mysuru, Karnataka 570015, India

GS Traders

Bannimantap Rd, beside Shine residency, Industrial Estate, Bannimantap A Layout, A Layout, Mysuru, Karnataka 570015, India

Contact info coming soon

Iron Scrap Market in Mysore

The iron scrap market in Mysore is primarily sustained by localized construction and renovation activities rather than large-scale industrial waste streams. Supply often originates from the dismantling of older residential structures, heritage properties near the city centre, and smaller fabrication workshops servicing local infrastructure needs. Demand remains steady from small-to-medium scale foundries and metalworking units situated in peripheral industrial areas, which utilize the scrap for casting and structural repairs. While the major industrial complexes are slightly outside the core city, the scrap collection network is bolstered by local scrap dealers who aggregate material from demolition sites across the city's various neighbourhoods. The pricing for ferrous scrap is therefore highly sensitive to immediate local construction cycles and the availability of dismantled structural iron, often traded in the vicinity of established local scrap yards.

About the scrap market in Mysore

Mysore (Mysuru), Karnataka's heritage city and a growing industrial center, has a well-organized scrap market supported by its diverse manufacturing base. The Hebbal, Hootagalli, and Belagola industrial areas house auto ancillary units, food processing companies, and electronics firms. The city's proximity to Bangalore (150 km) and its status as a clean, organized city make its recycling infrastructure more structured than many similarly-sized cities.

Steel and iron from construction and light manufacturing, copper from the electrical and electronics industry, and aluminum from the auto components sector are Mysore's primary traded materials. Silk waste from the traditional silk industry and e-waste from IT companies add niche categories. Mysore's prices sit 5-8% below Bangalore but are the benchmark for southern Karnataka's scrap market.

Key scrap markets include Bannimantap (the main industrial and market area), Metagalli, and dealers near the Hootagalli industrial zone. For auto and electronics scrap, approach dealers in the Hebbal industrial area. Most dealers pick up from 15 kg. Cash and UPI are both accepted. Mysore's organized waste management system means dealers here generally maintain transparent pricing and proper weighing — a more reliable selling experience than many other cities.

Selling Iron Scrap in Mysore, 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 Mysore, 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 Mysore:

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 ₹35.65/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.

Iron Scrap Price Comparison — Mysore vs Karnataka

LocationPrice/kgvs Mysore
Mysore (This city)₹35.65
Karnataka State Avg (88 cities)₹36.51-0.86
India Average₹36.00-0.35
Bangalore₹38.15-2.50
Sindhagi₹38.12-2.47
Shivamogga₹37.87-2.22
Belagavi₹37.84-2.19
Chikkamagaluru₹37.82-2.17

Prices compared across 88 cities in Karnataka. Updated 20 May 2026.

Factors Affecting Iron Scrap Prices in Mysore

Market Demand

Global demand for Iron significantly influences local prices in Mysore, Karnataka.

Quantity

Bulk sellers often negotiate higher rates than individual household sellers.

Transportation

Dealers offering door-step pickup may adjust prices based on distance in Mysore.

Understanding Iron Scrap Rates in Mysore

The Iron scrap market in Mysore, 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 Mysore 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 Mysore, 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 Mysore, 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 Mysore

What is today's iron scrap rate in Mysore?

Today's iron scrap rate in Mysore, Karnataka is ₹35.65 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 Mysore, HMS 1 trades at a 15-20% premium over HMS 2.

Where to sell iron scrap in Mysore?

Check the verified iron scrap dealers listed above in Mysore. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Mysore 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.

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