Today's Iron Scrap Rate in Tumkur, Karnataka
Live Price per kg
₹36.46
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 Tumkur, Karnataka
Old Iron Market
Old iron market, Karishma Palce, Ring Rd, Jayapura, Tumkur, Karnataka 572101, India
Bharath Metal Stores
Chickpet, Tumkur, Karnataka 572101, India
KAVITHA METAL STORES
Sumukha Complex Chickpet, Road, Mandipet, Tumkur, Karnataka 572101, India
Daniya Traders and scrap buyers
shop no 3,old iron market veersagar, Ring Rd, gubbi gate, Dibbur, Tumkur, Karnataka 572101, India
Shifa Scrap Traders
Ring Road Gubbi Gate, near Old Check Post, Dibbur, Tumkur, Karnataka 572101, India
Siddeshwara metal mart
Chickpet, Tumkur, Karnataka 572101, India
STEEL CORNER
Mandipet road Gubbi Gate Circle B. H Road, Santepet, Tumkur, Karnataka 572101, India
N H B SCRAP TRADERS
SCRAP TRADERS, N H B, Shettihalli Main Rd, Upparhalli, Tumkur, Karnataka 572102, India
S I Scrap Merchants
New Mandipet, Mandipet, Tumkur, Karnataka 572101, India
Kingsman traders
bord road, opposite Saniya steel house, friends layout, Tumkur, Karnataka 572101, India
Afreen Traders
1st Cross, road checkpost circle, Dibbur, Tumkur, Karnataka 572101, India
Ss traders
Kunigal-Tumkur Rd, Hunnadki Handpost, Akkathangiyarakatte Kaval, Tumkur, Karnataka 572118, India
Manal Enterprises
behind Old Iron Market, Dibbur, Tumkur, Karnataka 572101, India
RMINARETS
SY NO 67/1, BEHIND CHENNAKESHAVA SWAMY CONVENTION HALL, MANCHAKALKUPPE, POST, Hirehalli, Tumkur, Karnataka 572104, India
Iron Scrap Market in Tumkur
The iron scrap market in Tumkur is primarily driven by localized construction and small-scale metal fabrication activities rather than large industrial outflows. Supply sources are concentrated around ongoing residential and commercial construction sites, yielding structural iron, rebar offcuts, and discarded machinery components. Furthermore, the presence of numerous local workshops and agricultural equipment repair units contributes a steady stream of ferrous scrap, which is often collected through localized networks. Demand remains consistent from local blacksmiths and small foundries that utilize the scrap for basic structural repairs and fabrication work within the town limits. Collection points often aggregate material from these peripheral industrial zones, feeding the demand for processed iron suitable for immediate local reuse.
About the scrap market in Tumkur
Tumkur (Tumakuru), an emerging industrial city in Karnataka just 70 km from Bangalore, has a growing scrap market driven by its coconut processing, granite quarrying, and expanding manufacturing sector. The city's industrial areas house auto ancillary units, and the upcoming Tumkur Smart City project is boosting construction activity. Granite quarrying in the region adds heavy equipment scrap.
Iron and steel from quarrying equipment and construction are the primary materials. Copper from electrical infrastructure, aluminum from the growing industrial sector, and coconut processing equipment scrap are traded. Tumkur's prices sit 5-7% below Bangalore but benefit from spillover demand from Bangalore's industrial belt, keeping rates competitive for the region.
Key scrap areas include SS Puram market, Sira Gate area, and dealers near the KIADB zone. Most dealers pick up from 15 kg. Cash is standard. Tumkur's proximity to Bangalore means sellers can sometimes get better rates from Bangalore dealers willing to pick up from Tumkur for larger quantities.
Selling Iron Scrap in Tumkur, Karnataka?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Tumkur, 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 Tumkur:
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 ₹36.46/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Tumkur vs Karnataka
| Location | Price/kg | vs Tumkur |
|---|---|---|
| Tumkur (This city) | ₹36.46 | — |
| Karnataka State Avg (88 cities) | ₹36.51 | -0.05 |
| India Average | ₹36.00 | +0.46 |
| Bangalore | ₹38.15 | -1.69 |
| Sindhagi | ₹38.12 | -1.66 |
| Shivamogga | ₹37.87 | -1.41 |
| Belagavi | ₹37.84 | -1.38 |
| Chikkamagaluru | ₹37.82 | -1.36 |
Prices compared across 88 cities in Karnataka. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Tumkur
Global demand for Iron significantly influences local prices in Tumkur, Karnataka.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Tumkur.
Understanding Iron Scrap Rates in Tumkur
The Iron scrap market in Tumkur, Karnataka 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 Tumkur 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 Tumkur, 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 Tumkur, 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 Tumkur
What is today's iron scrap rate in Tumkur?
Today's iron scrap rate in Tumkur, Karnataka is ₹36.46 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 Tumkur, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Tumkur?
Check the verified iron scrap dealers listed above in Tumkur. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Tumkur 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.