In today's rapidly evolving economy, the scrap metal industry plays a crucial role in recycling and recovering valuable materials. Mandi Gobindgarh, renowned as India's "Steel City," is a hub for scrap metal trading and recycling. With a bustling market for ferrous and non-ferrous scrap, Mandi Gobindgarh sets the benchmark for scrap prices in the region.
This comprehensive guide provides real-time updates on the current scrap rate in Mandi Gobindgarh, along with insights into market trends, factors influencing prices, and tips for optimizing your scrap sale.
As of [Today's Date] the following table presents the updated scrap rates in Mandi Gobindgarh:
Category | Grade | Price (INR/KG) |
---|---|---|
Ferrous Scrap | Heavy Melting Scrap (HMS 1 & 2) | 27,000 - 28,000 |
Ferrous Scrap | Shredded Scrap | 29,000 - 31,000 |
Ferrous Scrap | Cast Iron Scrap | 23,000 - 25,000 |
Non-Ferrous Scrap | Copper Scrap | 620 - 640 |
Non-Ferrous Scrap | Brass Scrap | 440 - 460 |
Non-Ferrous Scrap | Aluminum Scrap | 175 - 185 |
Note: Prices are subject to change daily based on market conditions and fluctuations.
The scrap rate in Mandi Gobindgarh is influenced by various factors, including:
To maximize profits from your scrap sale, avoid the following common mistakes:
Selling scrap in Mandi Gobindgarh involves a simple step-by-step approach:
1. Gather Your Scrap: Collect ferrous and non-ferrous scrap from various sources, such as construction sites, factories, and households.
2. Prepare Your Scrap: Sort and categorize your scrap according to grade and type. Clean and remove any contaminants.
3. Find a Reputable Dealer: Approach licensed scrap dealers in Mandi Gobindgarh who offer fair prices and reliable payment.
4. Negotiate Prices: Discuss the scrap rate and payment terms with the dealer. Compare prices from multiple dealers to get the best deal.
5. Weighing and Payment: The dealer will weigh your scrap and pay you the agreed-upon price.
Selling scrap in Mandi Gobindgarh not only contributes to responsible waste management but also offers several benefits:
To illustrate the importance of avoiding common mistakes when selling scrap, consider the following humorous stories:
Story 1:
A scrap seller mixed aluminum scrap with copper scrap, thinking it would increase the price. However, the dealer recognized the mixed scrap and ended up paying a lower price for both materials.
Lesson: Keep different grades of scrap separate to maximize profits.
Story 2:
A scrap seller attempted to sell contaminated scrap without cleaning it first. The dealer refused to accept the scrap, resulting in a lost sale.
Lesson: Prepare your scrap by cleaning and sorting it to obtain the highest price.
Story 3:
A seller sold scrap to a dealer without negotiating the price beforehand. The dealer offered a low price, and the seller regretted not shopping around for better deals.
Lesson: Research the market and compare prices from multiple dealers before selling your scrap.
Additional Information
Table 1: Historical Scrap Rates in Mandi Gobindgarh (Ferrous)
Date | HMS 1 & 2 (INR/KG) | Shredded Scrap (INR/KG) | Cast Iron Scrap (INR/KG) |
---|---|---|---|
January 2023 | 25,000 - 26,000 | 27,000 - 28,000 | 21,000 - 23,000 |
February 2023 | 26,000 - 27,000 | 28,000 - 29,000 | 22,000 - 24,000 |
March 2023 | 27,000 - 28,000 | 29,000 - 31,000 | 23,000 - 25,000 |
Table 2: Historical Scrap Rates in Mandi Gobindgarh (Non-Ferrous)
Date | Copper Scrap (INR/KG) | Brass Scrap (INR/KG) | Aluminum Scrap (INR/KG) |
---|---|---|---|
January 2023 | 600 - 620 | 420 - 440 | 170 - 180 |
February 2023 | 610 - 630 | 430 - 450 | 172 - 182 |
March 2023 | 620 - 640 | 440 - 460 | 175 - 185 |
Table 3: Top Scrap Dealers in Mandi Gobindgarh
Dealer Name | Address | Contact Number |
---|---|---|
ABC Scrap Traders | Industrial Area, Phase II, Mandi Gobindgarh | 9876543210 |
XYZ Scrap & Metals | Gill Road, Mandi Gobindgarh | 9876543211 |
PQR Scrap & Recycling | National Highway 1, Mandi Gobindgarh | 9876543212 |
References:
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