Today's Iron Scrap Rate in Siddipet, Telangana
Live Price per kg
₹35.83
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 Siddipet, Telangana
Srinivas Iron scrap shop
Housing Board Colony, Siddipet, Telangana 502103, India
MRM scrap traders
3V76+2W5, 5-31, auto Nagar, Ponnal, Siddipet, Telangana 502277, India
Santhosh matha scrap merchants
Syno:56/5/E, Narsapur Rd, Hanuman Nager, Siddipet, Telangana 502103, India
Iron Scrap Market in Siddipet
The iron scrap market in Siddipet is primarily sustained by local fabrication units and the ongoing expansion of residential and commercial structures within the town limits. Supply sources are predominantly derived from dismantled agricultural machinery, older household fixtures, and metal remnants from small-scale workshops concentrated near the main market thoroughfares. Demand remains steady, driven by local blacksmiths and metalworkers who utilize the scrap for repairing household items and constructing smaller metal components. Collection activities often involve localized networks that gather scrap from demolition sites rather than large industrial sources. While major steel hubs are further away, the immediate demand ensures that ferrous scrap, particularly mild steel rods and structural iron, is actively traded within the town's designated scrap yards and collection points.
About the scrap market in Siddipet
Siddipet, now a district headquarters in Telangana following the state's reorganization, has experienced rapid infrastructural growth including new government buildings, roads, and water supply projects. This construction boom has significantly amplified the volume of metal scrap flowing through the town.
Structural steel offcuts from government projects, copper earthing strips, and GI pipe waste from water supply installations are currently abundant in the market. Copper earthing strip scrap trades at a premium of INR 560-640/kg, reflecting strong demand from electrical contractors, while structural steel offcuts average INR 28-32/kg.
Government project contractors should maintain scrap disposal records meticulously, as audit requirements demand accountability for all salvageable materials from public works. Timing scrap sales to coincide with the financial year-end (March) often works favorably, as dealers look to build inventory with fresh purchasing budgets.
Selling Iron Scrap in Siddipet, Telangana?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Siddipet, 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 Siddipet:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹41-43/kg — that's 15-20% more than mixed iron at ₹35.83/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Siddipet vs Telangana
| Location | Price/kg | vs Siddipet |
|---|---|---|
| Siddipet (This city) | ₹35.83 | — |
| Telangana State Avg (40 cities) | ₹36.47 | -0.64 |
| India Average | ₹36.00 | -0.17 |
| Farooqnagar | ₹37.80 | -1.97 |
| Kothagudem | ₹37.67 | -1.84 |
| Sadasivpet | ₹37.64 | -1.81 |
| Ramagundam | ₹37.64 | -1.81 |
| Wanaparthy | ₹37.63 | -1.80 |
Prices compared across 40 cities in Telangana. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Siddipet
Global demand for Iron significantly influences local prices in Siddipet, Telangana.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Siddipet.
Understanding Iron Scrap Rates in Siddipet
The Iron scrap market in Siddipet, Telangana 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 Siddipet 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 Siddipet, 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 Siddipet, 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 Siddipet
What is today's iron scrap rate in Siddipet?
Today's iron scrap rate in Siddipet, Telangana is ₹35.83 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 Siddipet, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Siddipet?
Check the verified iron scrap dealers listed above in Siddipet. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Siddipet 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.