Chennai is one of India’s major hubs for metal scrap trading, known for its active recycling industry and strong industrial base. The city’s scrap prices often reflect both local demand and global metal market trends. As of today, Chennai metal scrap prices are showing a mixed trend — with ferrous scrap slightly firming up and non-ferrous metals witnessing minor fluctuations due to international market cues and domestic logistics costs.
💥Click for: CURRENT CHENNAI SCRAP PRICES💥How Are Ferrous Scrap Prices Moving in Chennai?
The iron and steel scrap segment in Chennai is witnessing stable to positive movement.
- MS Scrap (Melting Scrap) rates are largely unchanged as rolling mills continue steady purchases.
- HMS 1 & 2 Scrap prices are slightly up due to limited supply and steady foundry demand.
- Cast Iron Scrap is also firm amid consistent demand from local manufacturing units.
However, CRC Bundle Scrap and Busheling Scrap have seen minor corrections as inventory levels increase in some yards.
Overall, ferrous scrap prices in Chennai are likely to stay steady in the short term, supported by stable steel billet and ingot prices across Tamil Nadu.
What About Non-Ferrous Scrap Prices in Chennai?
The non-ferrous scrap market in Chennai — including copper, aluminium, brass, and lead — continues to mirror LME (London Metal Exchange) price movements.
- Copper Heavy Scrap (Birch/Cliff) prices are slightly softer after last week’s rally.
- Aluminium Tense and UBC Scrap are stable due to firm secondary smelter demand.
- Brass Honey Scrap remains strong amid limited availability in the southern market.
These price changes reflect both import cost variations and steady local recycling activity.
We also provide rates for other cities.
- MUMBAI SCRAP PRICES
- ZINC SCRAP PRICES
- KOLKATA SCRAP PRICES
- MANDI GOBINDGARH SCRAP PRICES
- All India Copper Scrap Rates
- Iron scrap rate today
- Brass Scrap Rates Today
What Is the Market Outlook for Chennai Scrap Prices?
Analysts expect Chennai Metal scrap prices Today to stay range-bound in the coming days.
Industrial demand, shipping freight rates, and rupee-dollar movement will continue to influence market direction.
For the latest and accurate Chennai scrap price updates — including daily rates for copper, aluminium, MS, and HMS scrap — visit ShreeMetalPrices.com regularly.
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