Today's Iron Scrap Rate in Nowgong, Madhya Pradesh
Live Price per kg
₹34.98
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 Nowgong, Madhya Pradesh
Aluminium scrap factory
Param colony, near new shiv mandir, Nowgong, Dharampura, Madhya Pradesh 471201, India
SYED BROTHERS
3C6Q+JG3, Gandhi Rd, Nowgong, Madhya Pradesh 471201, India
Iron Scrap Market in Nowgong
Today's iron scrap rate in Nowgong is ₹34.98/kg as of 20 May 2026. 2+ verified scrap buyers in Nowgong, 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 Nowgong
Nowgong, a historic town in Madhya Pradesh's Chhatarpur district, sits within the Bundelkhand region where granite quarrying and stone crushing constitute major economic activities. The wear-intensive nature of quarrying equipment ensures a persistent demand for replacement parts and creates a natural supply of worn-out steel and iron components.
Crusher jaw plates, manganese steel liners, and heavy-duty conveyor belt components are the most valuable scrap items originating from local quarries, often selling at ₹28-₹35 per kg. Household and agricultural scrap—including old hand pumps, tractor parts, and defunct submersible motors—also forms a significant trading segment at ₹24-₹27 per kg for iron grades.
Quarry operators typically accumulate scrap over several months before selling in bulk, which is the most cost-effective approach given the distances to major processing centres like Jhansi or Sagar. Sellers should weigh their material independently before the dealer's assessment, as remote locations sometimes see inconsistent weighing practices.
Selling Iron Scrap in Nowgong, 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 Nowgong, 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 Nowgong:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹40-42/kg — that's 15-20% more than mixed iron at ₹34.98/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Nowgong vs Madhya Pradesh
| Location | Price/kg | vs Nowgong |
|---|---|---|
| Nowgong (This city) | ₹34.98 | — |
| Madhya Pradesh State Avg (80 cities) | ₹35.39 | -0.41 |
| India Average | ₹36.00 | -1.02 |
| Sidhi | ₹37.14 | -2.16 |
| Manawar | ₹36.91 | -1.93 |
| Itarsi | ₹36.75 | -1.77 |
| Multai | ₹36.71 | -1.73 |
| Balaghat | ₹36.69 | -1.71 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Nowgong
Global demand for Iron significantly influences local prices in Nowgong, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Nowgong.
Understanding Iron Scrap Rates in Nowgong
The Iron scrap market in Nowgong, 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 Nowgong 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 Nowgong, 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 Nowgong, 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 Nowgong
What is today's iron scrap rate in Nowgong?
Today's iron scrap rate in Nowgong, Madhya Pradesh is ₹34.98 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 Nowgong, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Nowgong?
Check the verified iron scrap dealers listed above in Nowgong. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Nowgong 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.