Today's Iron Scrap Rate in Silao, Bihar
Live Price per kg
₹35.23
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 Silao, Bihar
Manejo de Residuos Protoss Metales
Camino a Bustamante km 13+300 Parque Industrial Bustamente Bodegas 6 y 7, 36128 Silao de la Victoria, Gto., Mexico
RIISA - Sede Silao
Silao 103-111 Carretera Federal 45 Tramo Silao – Leon KM 157 +590, San Antonio, CP. 36100, 36100 Silao de la Victoria, Gto., Mexico
Compra Y Venta De Chatarra
Av. Luis H. Ducoing 87, Sopeña, 36100 Silao de la Victoria, Gto., Mexico
Limpieza y Reciclados del Bajio
Av. Madero 11, Centro, 36100 Silao de la Victoria, Gto., Mexico
Recicladora Grupo Barrera - Ecochatarra
Blvd. Emiliano Zapata 84, Sopeña, 36119 Silao de la Victoria, Gto., Mexico
Iron Scrap Market in Silao
In Silao, the market for iron scrap is intrinsically linked to local artisanal activity and small-scale fabrication units servicing the immediate hinterland. Supply primarily originates from discarded agricultural implements, dismantled household metal fixtures, and scrap generated by local welding and carpentry workshops concentrated near the main market thoroughfares. Demand remains steady, driven by blacksmiths who utilize the scrap for repairs and by small construction contractors undertaking minor structural additions. While large-scale industrial scrap is less visible, the collection network relies heavily on local scrap dealers who aggregate usable ferrous material from residential and commercial sources. The pricing of iron scrap fluctuates based on the purity and grade of the metal—for instance, structural iron yields a higher rate than heavily rusted, mixed-use scrap—and is typically traded through established local scrap yards rather than major industrial processing hubs.
About the scrap market in Silao
Silao, a town in Bihar's Nalanda district, is traditionally famous for its khaja sweetmeats but has gradually diversified into rice milling, brick manufacturing, and small-scale metalwork. The ongoing expansion of Nalanda University nearby has stimulated construction activity and associated scrap generation.
Construction steel offcuts from the university expansion project have temporarily boosted scrap availability, with TMT bar remnants trading at ₹25–₹30 per kg. Brick kiln scrap—including worn-out trolley wheels and chimney grate bars—provides a secondary stream of cast iron material at ₹18–₹23 per kg.
Sellers near active construction sites should establish regular collection schedules with contractors, as daily accumulation of rebar offcuts and binding wire can aggregate into worthwhile volumes within weeks. Bihar Sharif, the district headquarters merely 15 km away, and Rajgir together form a local market cluster that keeps scrap trading competitive.
Selling Iron Scrap in Silao, Bihar?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Silao, 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 Silao:
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 ₹35.23/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Silao vs Bihar
| Location | Price/kg | vs Silao |
|---|---|---|
| Silao (This city) | ₹35.23 | — |
| Bihar State Avg (68 cities) | ₹34.99 | +0.24 |
| India Average | ₹36.00 | -0.77 |
| Maner | ₹36.83 | -1.60 |
| Dehri-on-Sone | ₹36.49 | -1.26 |
| Rosera | ₹36.36 | -1.13 |
| Rafiganj | ₹36.05 | -0.82 |
| Sheohar | ₹36.01 | -0.78 |
Prices compared across 68 cities in Bihar. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Silao
Global demand for Iron significantly influences local prices in Silao, Bihar.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Silao.
Understanding Iron Scrap Rates in Silao
The Iron scrap market in Silao, Bihar 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 Silao 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 Silao, 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 Silao, 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 Silao
What is today's iron scrap rate in Silao?
Today's iron scrap rate in Silao, Bihar is ₹35.23 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 Silao, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Silao?
Check the verified iron scrap dealers listed above in Silao. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Silao 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.