Today's Iron Scrap Rate in Palakkad, Kerala
Live Price per kg
₹34.54
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 Palakkad, Kerala
Lakshmi Scrap Shop Palakkad
Pollachi road, near govt polytechnic college Bus stop, Koottupaatha, Palakkad, Kerala 678007, India
Starold Scrap
Sanjoe Tower, Shornur Rd, near KSRTC, Valakkad, Palakkad, Kerala 678014, India
ROHINI METALS
SF No 866/1, Rohini Metals, Palakkad Main Road,Marappalam, opp. to Sree Narayana Guru Polytechnic College, Automobile Nagar, Madukkarai, Coimbatore, Tamil Nadu 641105, India
NAZAR TRADERS
Nochur, Palakkad, Koduvayur, Kerala 678501, India
Palikulam
QJ99+RV4, Thirunellayi, Palakkad, Pirayiri, Kerala 678004, India
Anappuram Old Bazaar- AOBAZAAR , Used Vehicle Spare Parts Market, Palakkad, Kerala
Koduvayur - Palakkad Rd, Anappuram, Kinassery, Kannadi-II, Kerala 678701, India
Iron Scrap Market in Palakkad
The market for iron scrap in Palakkad is primarily driven by localized construction activities and the maintenance of aging infrastructure across the district. Supply sources are varied, ranging from dismantled domestic structures in residential areas to metal remnants from small-scale fabrication workshops situated near main thoroughfares. Demand is consistently maintained by local blacksmiths and small engineering units that require ferrous material for repair and artisanal work, rather than large-scale industrial consumption. Collection points often concentrate scrap gathered from demolition sites or from the dismantling of old machinery related to local trade. While larger metropolitan areas might see scrap flowing from major industrial hubs, Palakkad’s trade relies more heavily on the immediate local supply chain, valuing usable lengths of iron rails, beams, and structural pieces for immediate resale at local scrap yards.
About the scrap market in Palakkad
Palakkad (Palghat), Kerala's gateway city on the Tamil Nadu border, has a scrap market influenced by its rice mills, engineering workshops, and cross-state trade dynamics. The Palakkad Gap provides easy road access to Coimbatore (55 km), creating a connected cross-border scrap market. The Kanjikode industrial area houses engineering and manufacturing units.
Rice mill equipment scrap and engineering steel are the primary materials. Copper from electrical infrastructure, aluminum from food processing, and agricultural equipment scrap are traded. Palakkad's prices benefit from border competition — typically between Kerala and Tamil Nadu rates, often 3-5% below Kochi but matching Coimbatore for some materials.
Key scrap areas include Kanjikode industrial area, Town Hall Road market, and dealers near the bypass. Most dealers pick up from 10 kg. Cash is standard. Compare rates with Coimbatore dealers — the proximity means cross-border competition benefits sellers.
Selling Iron Scrap in Palakkad, Kerala?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Palakkad, 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 Palakkad:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹40-41/kg — that's 15-20% more than mixed iron at ₹34.54/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Palakkad vs Kerala
| Location | Price/kg | vs Palakkad |
|---|---|---|
| Palakkad (This city) | ₹34.54 | — |
| Kerala State Avg (51 cities) | ₹36.09 | -1.55 |
| India Average | ₹36.00 | -1.46 |
| Kasaragod | ₹37.56 | -3.02 |
| Perumbavoor | ₹37.46 | -2.92 |
| Ottappalam | ₹37.24 | -2.70 |
| Adoor | ₹37.23 | -2.69 |
| Puthuppally | ₹37.22 | -2.68 |
Prices compared across 51 cities in Kerala. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Palakkad
Global demand for Iron significantly influences local prices in Palakkad, Kerala.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Palakkad.
Understanding Iron Scrap Rates in Palakkad
The Iron scrap market in Palakkad, Kerala 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 Palakkad 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 Palakkad, 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 Palakkad, 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 Palakkad
What is today's iron scrap rate in Palakkad?
Today's iron scrap rate in Palakkad, Kerala is ₹34.54 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 Palakkad, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Palakkad?
Check the verified iron scrap dealers listed above in Palakkad. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Palakkad 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.