Today's Iron Scrap Rate in Varanasi, Uttar Pradesh
Live Price per kg
₹34.78
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 Varanasi, Uttar Pradesh
Sanjay Iron Scrap Works
S29/ 437, near Railway Crossing, Shivpur, Varanasi, Uttar Pradesh 221003, India
Old scrap kabadi (kabadi)
Badi Patiya Rd, Jjanki Nagar, Varanasi, Uttar Pradesh 221106, India
ScrapShala
Lane number 14, Lane, Landmark: PMO and KEVENTERS, P8/11, Ravindrapuri Rd, in front of Yes Bank, Anandbagh, Bhelupur, Varanasi, Uttar Pradesh 221001, India
Kabadi store
Dashmi, Sundarpur, Nagwa, Varanasi, Uttar Pradesh 221005, India
VARANASI KABARI
Sunderpur, Sundarpur, Nagwa, Varanasi, Uttar Pradesh 221005, India
Mahadev Varanasi Kabadi Store
Tadiya, Karaudi Rd, Gandhi Nagar, Newada, Varanasi, Uttar Pradesh 221005, India
Varanasi kabadi store
Tadiya Sundarpur, road, Vaisno Vihar Colony, Ganesh Dham Colony, Sundarpur, Nagwa, karudi, Varanasi, Uttar Pradesh 221106, India
Kabari shop
Brahmanand extension, Mohanpuri Colony, Karaundi, Varanasi, Uttar Pradesh 221005, India
Jai Bajrang Traders
C 27/277, plot no 182, Loha Mandi Rd, Maldahiya, Chetganj, Varanasi, Uttar Pradesh 221002, India
Iron Scrap Market in Varanasi
The iron scrap market in Varanasi is significantly influenced by the city's dense, historic architecture and ongoing restoration efforts around the ghats. Supply primarily originates from the demolition of older structures and the dismantling of metal fixtures from residential and commercial properties. Local workshops, particularly those involved in traditional metal crafts and plumbing repairs, contribute a steady, smaller volume of usable iron scrap. Demand remains consistent, driven by local fabrication needs, small-scale construction repairs, and the continuous maintenance of the city's infrastructure. Collection points often concentrate near the main thoroughfares and designated scrap yards peripheral to the older city core. The pricing for various grades of iron scrap fluctuates based on the immediate demand from regional metal processing units that service the Varanasi area.
About the scrap market in Varanasi
Varanasi, one of India's oldest cities on the banks of the Ganga, has a scrap market rooted in its traditional weaving, metalwork, and small-scale manufacturing sectors. The Banaras Hindu University campus, railway workshops, and the diesel locomotive works (DLW) are significant institutional scrap sources. The city also serves as a collection point for scrap from surrounding districts in eastern UP and northern Bihar.
Iron and steel scrap from railway-related manufacturing and construction are the primary traded materials. Brass and copper scrap from Varanasi's famous metalwork and bell-making traditions are distinctive local specialties that command premium rates. Silk weaving waste from the Banarasi saree industry and paper scrap from the printing sector are also significant. Varanasi's prices are typically 8-12% below Delhi but competitive within the eastern UP market.
Major scrap markets in Varanasi include Lanka, Machhodari, and dealers near the Varanasi Junction railway area. For brass and bell-metal scrap, specialized dealers in the Vishwanath Gali area offer the best artisan-market rates. Most kabadiwala pick up from just 5-10 kg. Cash is the standard payment method. Railway-related scrap from DLW area commands premium rates — sellers with such materials should approach specialized heavy engineering scrap dealers.
Selling Iron Scrap in Varanasi, Uttar 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 Varanasi, 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 Varanasi:
Separate your iron scrap by grade before selling. HMS 1 (clean, heavy steel plates and structural beams) fetches ₹40-42/kg — that's 15-20% more than mixed iron at ₹34.78/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Varanasi vs Uttar Pradesh
| Location | Price/kg | vs Varanasi |
|---|---|---|
| Varanasi (This city) | ₹34.78 | — |
| Uttar Pradesh State Avg (121 cities) | ₹35.24 | -0.46 |
| India Average | ₹36.00 | -1.22 |
| Palia Kalan | ₹36.98 | -2.20 |
| Chandausi | ₹36.97 | -2.19 |
| Gorakhpur | ₹36.97 | -2.19 |
| Shahganj | ₹36.76 | -1.98 |
| Thana Bhawan | ₹36.63 | -1.85 |
Prices compared across 121 cities in Uttar Pradesh. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Varanasi
Global demand for Iron significantly influences local prices in Varanasi, Uttar Pradesh.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Varanasi.
Understanding Iron Scrap Rates in Varanasi
The Iron scrap market in Varanasi, Uttar 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 Varanasi 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 Varanasi, 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 Varanasi, 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 Varanasi
What is today's iron scrap rate in Varanasi?
Today's iron scrap rate in Varanasi, Uttar Pradesh is ₹34.78 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 Varanasi, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Varanasi?
Check the verified iron scrap dealers listed above in Varanasi. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Varanasi 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.