Today's Iron Scrap Rate in Nelamangala, Karnataka
Live Price per kg
₹35.99
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 Nelamangala, Karnataka
Premium Steel wold india Private Limited
SY No. 32/7, Berragondanahalli Village, Thyamagondlu, Nelamangala Taluk, Karnataka 562132, India
Shree Thirumala Industries Corporation
# 46, Sy. No. 61/94, KIADB Industrial Area, 1st Phase Dabaspete, Yedehalli Village, Nelamangala Tq, 562 111, Bengaluru, Pemmanahalli, Karnataka 562111, India
Iron Scrap Market in Nelamangala
Today's iron scrap rate in Nelamangala is ₹35.99/kg as of 20 May 2026. 2+ verified scrap buyers in Nelamangala, Karnataka 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 Nelamangala
Nelamangala, situated just 30 km from Bengaluru on the Tumkur highway, has transformed from a quiet town into a logistics and industrial hub benefiting from Bengaluru's outward expansion. Multiple warehousing complexes, auto component factories, and a growing aerospace supply chain presence make Nelamangala one of the most dynamic scrap markets among semi-urban Karnataka towns.
Aerospace-grade aluminium offcuts, CNC machining swarf, and precision steel component rejects from auto ancillary units are high-value scrap categories that distinguish Nelamangala from typical small towns. Aluminium 6061 grade offcuts fetch ₹180-₹220 per kg, precision steel turnings command ₹28-₹35 per kg, and e-waste from the IT corridor's spillover reaches ₹150-₹280 per kg depending on component type.
Manufacturing units should establish formal scrap disposal contracts with registered recyclers rather than relying on spot sales, as contract-based arrangements typically guarantee higher floor prices and ensure regulatory compliance. With Bengaluru's Peenya industrial recycling hub less than an hour away, Nelamangala sellers have access to India's most competitive South Indian scrap buyer market.
Selling Iron Scrap in Nelamangala, 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 Nelamangala, 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 Nelamangala:
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 ₹35.99/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Nelamangala vs Karnataka
| Location | Price/kg | vs Nelamangala |
|---|---|---|
| Nelamangala (This city) | ₹35.99 | — |
| Karnataka State Avg (88 cities) | ₹36.51 | -0.52 |
| India Average | ₹36.00 | -0.01 |
| Bangalore | ₹38.15 | -2.16 |
| Sindhagi | ₹38.12 | -2.13 |
| Shivamogga | ₹37.87 | -1.88 |
| Belagavi | ₹37.84 | -1.85 |
| Chikkamagaluru | ₹37.82 | -1.83 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Nelamangala
Global demand for Iron significantly influences local prices in Nelamangala, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Nelamangala.
Understanding Iron Scrap Rates in Nelamangala
The Iron scrap market in Nelamangala, 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 Nelamangala 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 Nelamangala, 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 Nelamangala, 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 Nelamangala
What is today's iron scrap rate in Nelamangala?
Today's iron scrap rate in Nelamangala, Karnataka is ₹35.99 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 Nelamangala, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Nelamangala?
Check the verified iron scrap dealers listed above in Nelamangala. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Nelamangala 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.