Today's Iron Scrap Rate in Vellore, Tamil Nadu
Live Price per kg
₹36.63
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 Vellore, Tamil Nadu
Sardar Scrap Stores
W4JM+74H, Katpadi Main Rd, Thottapalayam, Vellore, Tamil Nadu 632004, India
Fathima Traders(formerly Babulal Scrap Store)
Near pf office,Nethaji bose main road, Vallalar St, Nethaji Nagar, Phase III, Tamil Nadu Housing Board, Vellore, Tamil Nadu 632009, India
Sree Vijayalakshmi Metals
46, Near Gandhi Road, KVS Chetty St, Sripuram, Beripettai, Vellore, Tamil Nadu 632004, India
ANA Steel Traders
38, Bangalore Rd, opp. to Vellore Fort, HAZRAT MAKKAN, Thottapalayam, Vellore, Tamil Nadu 632004, India
Iron Scrap Market in Vellore
The iron scrap market in Vellore is primarily driven by localized demolition and the ongoing maintenance of institutional and commercial structures. Supply streams are sourced from older residential areas undergoing renovation and from small workshops situated near the main industrial corridors, where discarded structural components and machinery parts accumulate. Demand is maintained by local fabrication units and smaller foundries that utilize iron for casting and re-forging purposes, keeping the local turnover steady. While large-scale scrap processing often directs materials towards major hubs like Chennai, Vellore's dealers manage significant daily volumes of assorted iron, including railway tracks and cast iron fittings. Collection points tend to concentrate near the peripheral industrial estates, where bulk material aggregation occurs before transportation to larger refining centers.
About the scrap market in Vellore
Vellore, a historically significant city in northern Tamil Nadu, has a scrap market driven by its leather industry, engineering colleges, and proximity to Chennai's automotive corridor. The Ranipet-Ambur leather belt (one of Asia's largest) and the city's automotive component manufacturers in the SIPCOT area generate steady industrial scrap. Vellore also serves as a collection hub for districts like Tiruvannamalai and Krishnagiri.
Leather processing waste and chemicals containers from the tannery cluster are Vellore's distinctive scrap categories. Iron and steel from construction and auto components, copper from electrical infrastructure, and chrome-containing waste from leather processing are traded. Vellore's scrap prices sit 5-8% below Chennai but are the benchmark for northern Tamil Nadu, with leather waste having specialized pricing channels separate from metal scrap.
Major scrap markets include Saidapet area, Officers Line, and dealers near the Vellore SIPCOT. For leather industry waste, specialized recyclers near Ranipet offer regulated disposal and competitive rates. Most dealers pick up from 10 kg. Cash is standard. Sellers should note that leather processing waste requires authorized recyclers — general scrap dealers don't handle chrome waste, so separate your metal scrap from leather industry byproducts.
Selling Iron Scrap in Vellore, Tamil Nadu?
Iron and steel scrap is the backbone of India's recycling industry, accounting for over 70% of all metal scrap traded by volume. In Vellore, 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 Vellore:
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 ₹36.63/kg. Remove all non-metallic attachments like concrete, wood, rubber, and plastic to avoid weight deductions.
Iron Scrap Price Comparison — Vellore vs Tamil Nadu
| Location | Price/kg | vs Vellore |
|---|---|---|
| Vellore (This city) | ₹36.63 | — |
| Tamil Nadu State Avg (121 cities) | ₹36.60 | +0.03 |
| India Average | ₹36.00 | +0.63 |
| Salem | ₹38.93 | -2.30 |
| Vedaranyam | ₹38.45 | -1.82 |
| Theni Allinagaram | ₹38.37 | -1.74 |
| Sirkali | ₹38.15 | -1.52 |
| Panagudi | ₹38.12 | -1.49 |
Prices compared across 121 cities in Tamil Nadu. Updated 20 May 2026.
Factors Affecting Iron Scrap Prices in Vellore
Global demand for Iron significantly influences local prices in Vellore, Tamil Nadu.
Bulk sellers often negotiate higher rates than individual household sellers.
Dealers offering door-step pickup may adjust prices based on distance in Vellore.
Understanding Iron Scrap Rates in Vellore
The Iron scrap market in Vellore, Tamil Nadu 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 Vellore 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 Vellore, 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 Vellore, 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 Vellore
What is today's iron scrap rate in Vellore?
Today's iron scrap rate in Vellore, Tamil Nadu is ₹36.63 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 Vellore, HMS 1 trades at a 15-20% premium over HMS 2.
Where to sell iron scrap in Vellore?
Check the verified iron scrap dealers listed above in Vellore. For best rates, accumulate 100+ kg, sort by grade (heavy vs light), and get quotes from at least 2-3 dealers. Most dealers in Vellore 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.