Today's Iron Scrap Rate in Sathyamangalam, Tamil Nadu
Live Price per kg
₹36.98
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 Sathyamangalam, Tamil Nadu
D.S.G METAL MART
549, Mysore Trunk Rd, South Rangasamuthram, North Rangasamuthram, Sathyamangalam, Tamil Nadu 638402, India
Iron Scrap Market in Sathyamangalam
The iron scrap market in Sathyamangalam is intrinsically linked to the region's supporting manufacturing ecosystem. Supply primarily originates from the dismantled components of small-to-medium enterprises (SMEs) and local workshops that service the surrounding industrial belt. This scrap includes structural iron, discarded machinery parts, and offcuts from metal fabrication units operating within the town's industrial periphery. Demand remains steady, driven by local blacksmiths and small-scale foundries that utilize the iron for repair work, tool making, and artisanal metal crafts. Transactions often occur through localized collection networks rather than large, centralized scrap yards, making the immediate industrial clusters the key trading zones. The pricing for ferrous scrap like iron is highly dependent on the grade and contamination level, with buyers assessing the potential for immediate reuse in local fabrication processes.
About the scrap market in Sathyamangalam
Sathyamangalam, gateway to the Sathyamangalam Tiger Reserve in Erode district, sustains a diverse economy spanning turmeric trading, textile job work, and poultry farming. These activities, combined with a growing residential construction sector, create a mixed scrap stream of both industrial and domestic origin.
Textile machinery parts made of cast iron and mild steel are a distinctive local scrap category, trading at ₹22–26 per kg. Copper from motor rewinding shops and aluminium from poultry shed roofing are also regularly available, with aluminium sheets fetching ₹115–145 per kg.
The well-connected road to Erode (40 km) means sellers can easily access the larger recycling market there for better rates on substantial quantities. For smaller lots, local itinerant buyers offer convenience but typically quote 5–10% below Erode market rates, so sellers should factor in transport costs to determine the more profitable option.
Selling Iron Scrap in Sathyamangalam, 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 Sathyamangalam, 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 Sathyamangalam:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹43-44/kg — that's 15-20% more than mixed iron at ₹36.98/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Sathyamangalam vs Tamil Nadu
| Location | Price/kg | vs Sathyamangalam |
|---|---|---|
| Sathyamangalam (This city) | ₹36.98 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | +0.38 |
| India Average | ₹36.00 | +0.98 |
| Salem | ₹38.93 | -1.95 |
| Vedaranyam | ₹38.45 | -1.47 |
| Theni Allinagaram | ₹38.37 | -1.39 |
| Sirkali | ₹38.15 | -1.17 |
| Panagudi | ₹38.12 | -1.14 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Sathyamangalam
Global demand for Iron significantly influences local prices in Sathyamangalam, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Sathyamangalam.
Understanding Iron Scrap Rates in Sathyamangalam
The Iron scrap market in Sathyamangalam, 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 Sathyamangalam 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 Sathyamangalam, 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 Sathyamangalam, 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 Sathyamangalam
What is today's iron scrap rate in Sathyamangalam?
Today's iron scrap rate in Sathyamangalam, Tamil Nadu is ₹36.98 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 Sathyamangalam, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Sathyamangalam?
Check the verified iron scrap dealers listed above in Sathyamangalam. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Sathyamangalam 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.