Today's Iron Scrap Rate in Panagar, Madhya Pradesh
Live Price per kg
₹35.30
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 Panagar, Madhya Pradesh
Contact any of our general scrap dealers in Panagar for Iron scrap pricing.
Iron Scrap Market in Panagar
Today's iron scrap rate in Panagar is ₹35.30/kg as of 20 May 2026. 0+ verified scrap buyers in Panagar, 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 Panagar
Positioned along the Jabalpur-Nagpur highway in Madhya Pradesh's Jabalpur district, Panagar benefits from consistent through-traffic and its proximity to Jabalpur's ordnance and engineering factories. Workshop clusters servicing highway transport vehicles add to the scrap metal flowing through this small town.
Truck tyre rims, clutch plate assemblies, and worn brake drums are common vehicular scrap items, alongside MS fabrication waste from highway construction. Brake drum cast iron fetches ₹20–₹26 per kg, while steel rims command ₹24–₹31 per kg.
Highway-adjacent sellers in Panagar can often flag down scrap-laden trucks willing to offload at competitive rates, creating arbitrage opportunities for local aggregation and resale. Maintaining a covered storage area to prevent rusting of stored scrap is especially important during central India's prolonged monsoon season.
Selling Iron Scrap in Panagar, 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 Panagar, 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 Panagar:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-42/kg — that's 15-20% more than mixed iron at ₹35.30/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Panagar vs Madhya Pradesh
| Location | Price/kg | vs Panagar |
|---|---|---|
| Panagar (This city) | ₹35.30 | — |
| Madhya Pradesh State Avg (80 cities) | ₹35.39 | -0.09 |
| India Average | ₹36.00 | -0.70 |
| Sidhi | ₹37.14 | -1.84 |
| Manawar | ₹36.91 | -1.61 |
| Itarsi | ₹36.75 | -1.45 |
| Multai | ₹36.71 | -1.41 |
| Balaghat | ₹36.69 | -1.39 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Panagar
Global demand for Iron significantly influences local prices in Panagar, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Panagar.
Understanding Iron Scrap Rates in Panagar
The Iron scrap market in Panagar, 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 Panagar 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 Panagar, 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 Panagar, 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 Panagar
What is today's iron scrap rate in Panagar?
Today's iron scrap rate in Panagar, Madhya Pradesh is ₹35.30 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 Panagar, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Panagar?
Check the verified iron scrap dealers listed above in Panagar. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Panagar 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.