Industrial scrap trading is no longer an informal, unorganized sector in India. With stringent GST compliance, electronic weighbridge integration, and circular economy mandates, factories and demolition contractors are realizing higher value from their surplus materials.
1. Heavy Melting Steel (HMS 1 / HMS 2)
HMS 1 (minimum 6mm thickness, clean structural steel, rails, and plates) commands a premium over HMS 2. Foundries prefer dense, non-galvanized scrap to reduce melt loss in induction furnaces.
2. Copper & Non-Ferrous Price Drivers
Continuous demand from electrical equipment manufacturers, EV motor winding, and renewable energy substations keeps copper armature scrap, berry wire, and birch scrap in high demand.
3. Best Practices for Industrial Scrap Sellers
- Source Segregation: Never mix stainless steel (SS 304 / SS 316) with mild steel scrap.
- Moisture & Contamination Deduction: Keep scrap bins sheltered from rain to prevent weight disputes.
- Transparent Weighment: Insist on certified digital weighbridges with time-stamped tare weight slips.
