HMS 1 Scrap Price in Chennai Today
HMS 1 price trend in Chennai
Benchmarked daily from published indices and verified supplier quotes.
Trend history for HMS 1 in Chennai is still building — check back after the next benchmark run.
Verified HMS 1 lots near Chennai
GST-verified sellers. Weight validated at dispatch and delivery. Payment held in escrow.
About HMS 1 pricing in Chennai
Heavy Melting Scrap Grade 1 is clean, oversized ferrous scrap with a minimum 6mm thickness and no cast iron, coated or sealed pieces. It is the primary melting charge for induction furnaces and EAF mills.
South India's largest scrap consumption cluster. Chennai pricing factors port-side imported HMS and supply into Sriperumbudur's auto OEM ecosystem.
Typical specification buyers expect
- Minimum thickness 6mm, pieces sized for direct furnace charging
- Fe content typically 92% and above
- Free of cast iron, sealed containers, oil, rubber and non-ferrous attachments
Who buys HMS 1 in and around Chennai
- Induction furnace units
- EAF steel mills
- Ingot and billet makers
How LohaLink secures HMS 1 trades in Chennai
Every Chennai lot carries a verified GSTIN, bank-validated seller KYC, geo-tagged loading photographs and a tamper-proof weighbridge slip. The buyer locks funds in escrow at the agreed rate, the truck is tracked in transit, and payment releases only after net weight is confirmed at destination. Weight disputes are adjudicated by LohaLink inspectors within 48 hours, with the disputed balance refunded.