Materials

Iron & Steel Scrap Buyers & Sellers in India – HMS 1 & 2 Heavy Melting Scrap, MS and Cast Iron

Ferrous scrap is the volume backbone of every factory clearance and plant dismantling. Kabadi24 grades, cuts and supplies MS, HMS and cast iron to induction furnaces, rolling mills and foundries, and buys it from manufacturers and contractors across India.

📞 +91 97115 93877

⏱ We aim to respond within 4 working hours (Mon–Sat, 9 AM – 7 PM IST).

Indicative rates

Last updated:
MaterialTypical formIndicative rate
MS / HMS ironStructural, plates, cuttings₹28–34 /kg
HMS 1&2 (80:20), furnace-readyHeavy melting, cut to size₹31–35 /kg
Cast iron (CI)Castings, machine bodies₹24–29 /kg

Indicative only · rates move daily

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Ferrous grades we trade

Grade Specification (summary) Main buyer
Heavy MS / P&S Plate and structural, 6 mm+, cut to size Induction furnaces, EAF
HMS 1&2 (80:20) Heavy melting steel blend, ISRI 200–204 Steel mills
Light MS / sheet Thin sheets and cuttings, often bundled Furnaces (lower yield)
Cast iron Machine beds, castings, pump casings Foundries
Rails and wheels Railway steel Specialist re-rollers
Turnings MS and CI machining chips Furnaces (briquetted)

HMS 1, HMS 2 and steel melting scrap

Heavy melting scrap (HMS) is the main steel melting scrap traded in India and internationally. HMS 1 is heavy steel, generally 6.35 mm (¼ inch) and thicker, free of galvanised and blackened material. HMS 2 includes lighter steel and some coated material. Sold together as HMS 1&2 (80:20), it is the standard blend for electric arc and induction furnaces.

  • Sellers – factories, contractors and dismantlers – reach HMS 1 and HMS 2 scrap buyers, MS scrap buyers and cast iron scrap buyers across India through one listing.
  • Buyers – mills and foundries – find HMS scrap suppliers for bulk ferrous scrap, domestic or imported, with grade, size and contamination agreed in writing.

Cast iron (machine beds, castings, pipes) is sold separately to foundries and should never be mixed into MS or HMS lots.

For sellers: factories, contractors, dismantlers

Volume makes small differences matter: ₹2 per kg on 50 tonnes is ₹1 lakh. We separate cast iron from MS, remove non-ferrous attachments, cut oversize pieces with our own gas-cutting crew and weigh every truck at a government-certified weighbridge. In Ramnagar, our head office is directly opposite Swastik Dharm Kata.

For buyers: mills and foundries

Post your specification – thickness distribution, size limits, coating and contamination limits, monthly tonnage and delivery location. We supply from verified domestic sellers and, where landed costs make sense, imported HMS and shredded scrap through the trade desk. Every lot is photographed at loading, and dispatch and receipt weights are reconciled against an agreed tolerance.

What drives ferrous prices

Domestic steel and billet prices, sponge iron and pig iron alternatives, landed import scrap prices, freight to the furnace and the construction season. Heavy, clean, furnace-ready material always earns the top of the range.

Plant dismantling

When a shed or plant is dismantled, the ferrous scrap usually covers the dismantling cost. We quote dismantling and scrap together, with a written safety plan, so owners can compare net outcomes.

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Frequently asked questions

Who are the bulk iron and steel scrap suppliers for mills?

Mills buy from factories, demolition contractors, aggregators and importers. Kabadi24 supplies graded MS, HMS and cast iron from verified sellers across India and imported HMS through its trade desk.

What is HMS 1&2 80:20?

A blend of 80% HMS 1 (heavy steel, generally 6.35 mm and thicker) and 20% HMS 2 (lighter and coated steel), widely used in international scrap trade.

Why is cast iron priced separately from MS?

Cast iron has higher carbon content and mostly goes to foundries, while MS goes to steel mills, so demand and pricing differ.

How is ferrous scrap weighed?

Truckloads are weighed empty and loaded at a government-certified weighbridge, and both slips are shared with seller and buyer.

Who buys HMS 1 and HMS 2 scrap in India?

Induction furnaces, electric arc furnace mills and re-rollers are the main HMS 1 and HMS 2 scrap buyers. On Kabadi24, sellers list HMS, MS and cast iron lots and receive offers from verified mills and traders; mills post monthly steel melting scrap requirements.

Sell or buy this scrap on Kabadi24

Free listing, verified counterparties, weighbridge weighment and GST invoicing.

📞 Call +91 97115 93877Post / browse listings

Updated: 21 Oct 2026

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