Today's Iron Scrap Rate in Nakodar, Punjab
Live Price per kg
₹35.63
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 Nakodar, Punjab
Ss scrab store
shop no 5, Jalandhar - Nakodar Rd, near Durga Shakti Mandir Ss Proprty Linker, Deol Nagar, Jalandhar, Singh, Punjab 144630, India
Iron Scrap Market in Nakodar
Today's iron scrap rate in Nakodar is ₹35.63/kg as of 20 May 2026. 1+ verified scrap buyers in Nakodar, Punjab 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 Nakodar
Nakodar, a commercial hub in Punjab's Jalandhar district, draws its scrap demand from a thriving sports goods industry and agricultural machinery workshops. The town's proximity to Jalandhar city amplifies trade volumes, with small fabrication units and auto repair shops generating consistent recyclable material.
Iron and mild steel scrap dominate Nakodar's market, typically trading between ₹25–32 per kg depending on grade and condition. Copper wiring from electrical repairs, aluminium utensil scrap, and brass fittings also see regular turnover, with copper fetching ₹650–720 per kg in local yards.
Sellers in Nakodar should consolidate smaller lots before approaching dealers, as quantities above 100 kg attract noticeably better rates. Timing sales around the post-harvest season—when workshops ramp up machinery repairs—can yield premium prices for ferrous scrap.
Selling Iron Scrap in Nakodar, Punjab?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Nakodar, 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 Nakodar:
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 ₹35.63/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Nakodar vs Punjab
| Location | Price/kg | vs Nakodar |
|---|---|---|
| Nakodar (This city) | ₹35.63 | — |
| Punjab State Avg (54 cities) | ₹36.03 | -0.40 |
| India Average | ₹36.00 | -0.37 |
| Kot Kapura | ₹38.07 | -2.44 |
| Kapurthala | ₹37.77 | -2.14 |
| Sangrur | ₹37.45 | -1.82 |
| Amritsar | ₹37.39 | -1.76 |
| Phillaur | ₹37.35 | -1.72 |
Prices compared across 54 cities in Punjab. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Nakodar
Global demand for Iron significantly influences local prices in Nakodar, Punjab.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Nakodar.
Understanding Iron Scrap Rates in Nakodar
The Iron scrap market in Nakodar, Punjab 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 Nakodar 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 Nakodar, 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 Nakodar, 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 Nakodar
What is today's iron scrap rate in Nakodar?
Today's iron scrap rate in Nakodar, Punjab is ₹35.63 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 Nakodar, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Nakodar?
Check the verified iron scrap dealers listed above in Nakodar. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Nakodar 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.