Today's Iron Scrap Rate in Paramakudi, Tamil Nadu
Live Price per kg
₹36.26
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 Paramakudi, Tamil Nadu
Contact any of our general scrap dealers in Paramakudi for Iron scrap pricing.
Iron Scrap Market in Paramakudi
The iron scrap market in Paramakudi is primarily driven by localized sources rather than large industrial outflows. Supply streams are largely derived from the dismantling of old agricultural implements, scrap metal from small-scale fabrication workshops, and debris generated during residential or minor commercial construction activities within the town limits. Collection points often operate near the main market areas, where itinerant scrap collectors aggregate materials from surrounding villages. Demand for iron scrap is sustained by local blacksmiths and small foundries that utilize it for basic fabrication and repair work, alongside regional scrap recyclers who transport sorted materials to larger processing units. The pricing fluctuates based on the purity of the iron—whether it is structural rebar, cast iron, or mixed ferrous debris—and the ease of collection from the source site.
About the scrap market in Paramakudi
Paramakudi in Tamil Nadu's Ramanathapuram district has a small scrap market driven by palmyra fibre processing, fishing, and agricultural activities in the dry Ramnad region.
Iron from construction, fishing equipment scrap, and copper from electrical work are traded. Prices are 8-10% below Madurai.
Trading around the main market. Most dealers pick up from 10 kg. Cash is standard.
Selling Iron Scrap in Paramakudi, Tamil Nadu?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Paramakudi, 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 Paramakudi:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹42-44/kg — that's 15-20% more than mixed iron at ₹36.26/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Paramakudi vs Tamil Nadu
| Location | Price/kg | vs Paramakudi |
|---|---|---|
| Paramakudi (This city) | ₹36.26 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | -0.34 |
| India Average | ₹36.00 | +0.26 |
| Salem | ₹38.93 | -2.67 |
| Vedaranyam | ₹38.45 | -2.19 |
| Theni Allinagaram | ₹38.37 | -2.11 |
| Sirkali | ₹38.15 | -1.89 |
| Panagudi | ₹38.12 | -1.86 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Paramakudi
Global demand for Iron significantly influences local prices in Paramakudi, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Paramakudi.
Understanding Iron Scrap Rates in Paramakudi
The Iron scrap market in Paramakudi, Tamil Nadu 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 Paramakudi 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 Paramakudi, 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 Paramakudi, 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 Paramakudi
What is today's iron scrap rate in Paramakudi?
Today's iron scrap rate in Paramakudi, Tamil Nadu is ₹36.26 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 Paramakudi, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Paramakudi?
Check the verified iron scrap dealers listed above in Paramakudi. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Paramakudi 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.