Delhi NCR Scrap Rate Today – 1 October 2026 | Iron Scrap, HMS & Melting Scrap Prices
The last dated Delhi melting-scrap quotation we hold is ₹40,000/MT for HMS on 23 September (−₹400 that day), with Ghaziabad old scrap at ₹39,000 and Muzaffarnagar at ₹40,000 in the same snapshot – one week old, and labelled as such. Muzaffarnagar MS ingot, the semi NCR scrap feeds, was ₹46,200/MT on 1 October (−₹300 on the day but +₹1,200 on the week). We do not have a verified Delhi scrap print for 1 October and are not inventing one.
₹40,000
🔵 DELHI HMS · PROVIDER QUOTE · 23 SEPT (−₹400)
₹46,200
🔵 MUZAFFARNAGAR MS INGOT · 1 OCT · −₹300
₹39,000
🔵 GHAZIABAD OLD SCRAP · 23 SEPT
₹1,402–1,407/kg
MCX COPPER · 1 OCT
Where Steel Baba has no verified quotation for a city on the day, this page says so instead of printing a number. Different bases are never averaged.
What We Can Verify for Delhi NCR Today
Dated figures only · the market this city prices against
| Market / grade | Rate | Source |
|---|---|---|
| Delhi – HMS / melting | ₹40,000 (−400) | 🔵 Provider quote, 23 Sept – one week old |
| Ghaziabad – old scrap | ₹39,000 | 🔵 Provider quote, 23 Sept |
| Muzaffarnagar – melting scrap | ₹40,000 | 🔵 Provider quote, 23 Sept |
| Muzaffarnagar – MS ingot | ₹46,200 (−300 d-o-d; +1,200 w-o-w) | 🔵 Provider quote, 1 Oct |
| Mandi Gobindgarh – end cutting (nearest index market) | ₹41,000 quoted / ₹41,600 BigMint DAP | 🔵 1 Oct · 🟠 26 Sept |
| Delhi non-ferrous (Mayapuri / Mundka) | not re-verified; price off MCX copper ₹1,402–1,407/kg | ⚪ dealer board |
How the Delhi NCR Scrap Market Actually Works
Who buys, what competes, and where the freight sits
Delhi is a collection and non-ferrous market with its furnaces outside the city. Mayapuri, Mundka, Narela, Bawana and Wazirpur are where material is sorted and traded; the melting happens in Muzaffarnagar, Ghaziabad–Loni–Sahibabad and, for prepared grades, Mandi Gobindgarh 250 km up the GT Road. That is why a Delhi HMS quote tracks Muzaffarnagar ingot and Gobindgarh end cutting with a freight haircut, rather than setting its own level.
Non-ferrous matters more here than in any other scrap city. Mayapuri’s copper, brass (chadri, purja) and aluminium (bartan, rod, purja) boards are the national reference for household and electrical scrap. Price them off the MCX copper screen – ₹1,402–1,407/kg on 1 October, spot near ₹1,420 – less the yard’s margin, and confirm the day’s rate; Delhi’s dealer board moves with the LME overnight.
Regulation shapes supply. Pollution-control action on furnaces in and around the capital periodically shuts local melting capacity and pushes volume to Muzaffarnagar and Punjab, which widens the Delhi-to-Gobindgarh gap for a few weeks at a time. A Delhi seller with a truckload of sorted material should always get a Gobindgarh quote alongside the local one and subtract ₹1,800–2,500/MT freight before comparing.
National Reference Prices – 1 October 2026
The verified anchors every Indian scrap quote is measured against
| Market / grade | ₹/MT | Change | Source |
|---|---|---|---|
| Jalna – Punching (mill sheet) | ₹38,800 | +300 vs 26 Sept sheet | 🟢 Mill setting sheet, 1 Oct |
| Jalna – Melting / Super (mill sheet) | ₹36,800 / ₹35,800 | +300 | 🟢 Mill setting sheet, 1 Oct |
| Mandi Gobindgarh – End cutting | ₹41,000 | +300 d-o-d; +1,500 w-o-w | 🔵 Quoted 1 Oct, ScrapMarket agrees · 🟠 BigMint index ₹41,600 DAP (26 Sept) |
| Mandi Gobindgarh – Old scrap / MS ingot | ₹36,000 / ₹48,400–48,500 | +300 | 🔵 Quoted 1 Oct |
| Mumbai – HMS 80:20 | ₹36,500 DAP | stable d-o-d | 🟠 BigMint, 23 Sept |
| Imported HMS 80:20, CFR India | $365–375/t (≈ ₹38,200 landed incl. freight) | need-based buying | 🟠 BigMint weekly, 26 Sept |
| USD/INR | ₹95.97 | +0.09 | Indicative, 1 Oct 11:00 AM IST |
Three things are true across India this week and apply here. Semis firmed first – MS ingot is ₹1,200–2,000/MT higher than a week ago in six tracked markets and BigMint reported blast-furnace rebar rising on low mill inventories – so furnace bids for prepared scrap are recovering with a lag. Imports are not competing: containerised HMS at $365–375/t CFR lands near ₹38,200/MT and mills are buying need-based. And the recovery is from a low base: mills had cut procurement 50–60% in late September on oversupply (BigMint, 23 Sept), so two weeks of small rises is a direction, not yet a rally.
Selling Scrap Safely in Delhi NCR
The four checks that remove most of the risk
| Insist on | Why |
|---|---|
| Rate agreed by named grade before loading | Stops a regrade at the gate from rewriting the deal |
| Certified weighbridge slip | A 150 kg dispute on one truck is ₹5,000–6,000 at today’s rates |
| Tax invoice with GSTIN | Required for input credit; a buyer paying without one is discounting your material |
| Payment timing in writing | 30–60 day terms cost 2–4% of the load in money terms alone |
Delhi NCR Scrap Rate FAQs
The last dated quotation Steel Baba holds for Delhi HMS/melting scrap is ₹40,000/MT on 23 September 2026 (−₹400 that day), with Ghaziabad old scrap at ₹39,000 and Muzaffarnagar at ₹40,000 in the same snapshot. Muzaffarnagar MS ingot was ₹46,200/MT on 1 October. A verified Delhi scrap print for 1 October was not available at publication. Excludes 18% GST.
Mostly outside Delhi – Muzaffarnagar, Ghaziabad–Loni–Sahibabad and Mandi Gobindgarh. Delhi’s own yards in Mayapuri, Mundka, Narela and Bawana sort and aggregate. A Delhi quote is therefore an upstream mill price less freight and the aggregator’s margin.
Start from the MCX copper screen (₹1,402–1,407/kg futures, spot near ₹1,420 on 1 October) and expect clean armature or bright wire to trade a few percent below it; brass follows copper with a wider discount; aluminium bartan, rod and purja are quoted separately on the Mayapuri board. Confirm the day’s board – it moves with the LME overnight.
Selling bulk iron scrap from Delhi NCR? Get a grade-wise quote against today’s mill sheet.
Send grade, approximate tonnage and location. We tell you plainly whether a Jalna sale beats your local bid after freight – and if it does not, we say so.