Today's Iron Scrap Rate in Shamgarh, Madhya Pradesh
Live Price per kg
₹35.22
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 Shamgarh, Madhya Pradesh
ROYAL SCRAP METAL
Suwasra Rd, Shamgarh, Madhya Pradesh 458883, India
Iron Scrap Market in Shamgarh
Today's iron scrap rate in Shamgarh is ₹35.22/kg as of 20 May 2026. 1+ verified scrap buyers in Shamgarh, 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 Shamgarh
Located at the intersection of Mandsaur and Ratlam districts in Madhya Pradesh, Shamgarh benefits from opium processing facilities and soybean oil extraction units that underpin its industrial base. Road connectivity to both Ratlam and Neemuch ensures that scrap generated here can access multiple buyer markets efficiently.
Processing plant overhauls yield stainless steel and mild steel scrap in periodic bursts, while everyday trade revolves around iron at ₹23–₹28 per kg and copper at ₹600–₹700 per kg. Plastic drum scrap from chemical storage also trades actively, though at lower margins than metals.
Seasonal plant shutdowns for maintenance, typically during April–May, present the best window for sourcing industrial scrap in bulk. Sellers should insist on weighment at certified scales, as discrepancies in unregulated weighbridges can erode margins significantly in this region.
Selling Iron Scrap in Shamgarh, 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 Shamgarh, 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 Shamgarh:
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 ₹35.22/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Shamgarh vs Madhya Pradesh
| Location | Price/kg | vs Shamgarh |
|---|---|---|
| Shamgarh (This city) | ₹35.22 | — |
| Madhya Pradesh State Avg (80 cities) | ₹35.39 | -0.17 |
| India Average | ₹36.00 | -0.78 |
| Sidhi | ₹37.14 | -1.92 |
| Manawar | ₹36.91 | -1.69 |
| Itarsi | ₹36.75 | -1.53 |
| Multai | ₹36.71 | -1.49 |
| Balaghat | ₹36.69 | -1.47 |
Prices compared across 80 cities in Madhya Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Shamgarh
Global demand for Iron significantly influences local prices in Shamgarh, Madhya Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Shamgarh.
Understanding Iron Scrap Rates in Shamgarh
The Iron scrap market in Shamgarh, 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 Shamgarh 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 Shamgarh, 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 Shamgarh, 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 Shamgarh
What is today's iron scrap rate in Shamgarh?
Today's iron scrap rate in Shamgarh, Madhya Pradesh is ₹35.22 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 Shamgarh, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Shamgarh?
Check the verified iron scrap dealers listed above in Shamgarh. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Shamgarh 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.