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Bytes Fintech supplies ferrous metal scrap, a blend of iron and steel recovered from industrial dismantling, demolition projects and post‑consumer waste. The offering includes the common grades HMS 1 and HMS 2, as well as shredded scrap, plate scrap and structural scrap, each sorted by composition and size. HMS 1 typically contains 93‑95 % iron with low copper and lead, while HMS 2 has a slightly lower iron content and higher non‑ferrous residues. All material is prepared for bulk shipment from the supplier’s facility in South West Delhi, India.
In the steelmaking sector, ferrous scrap serves as a secondary raw material for electric‑arc furnace (EAF) and basic‑oxygen furnace (BOF) processes, delivering up to 30 % energy savings compared with virgin iron ore. The scrap is sized to a maximum particle dimension of 20 mm, facilitating efficient melting and reducing furnace slag formation. Typical impurity limits are sulfur below 0.05 % and chlorine below 0.02 %, standards that align with the Scrap Specifications Circular used worldwide. By providing a consistent grade stream, Bytes Fintech helps secondary producers maintain product quality while meeting environmental targets.
Primary customers include secondary steel mills, foundries and metal recycling facilities that require reliable bulk inputs for continuous operation. Trade is conducted on a per‑metric‑ton basis, with shipments loaded into 20‑ft containers or bulk freight as required. Buyers should confirm the exact grade mix, packaging preferences and Incoterms such as FOB Delhi or CIF Mumbai with the supplier. Payment terms and lead times are negotiated directly with Bytes Fintech and can be adjusted to match the purchaser’s supply schedule.
| Material | Ferrous Scrap - Iron and Steel |
| Common Grades | HMS 1, HMS 2, shredded, plate, structural |
| Maximum Particle Size | typical 20 mm |
| Iron Content (typical) | 93‑95 % |
| Sulfur Content (typical) | ≤ 0.05 % |
| Chlorine Content (typical) | ≤ 0.02 % |
| Density (typical) | 7.8 t/m³ |
| Moisture (typical) | ≤ 2 % |
| Packaging | Bulk freight, 20‑ft containers or open‑top bulk carriers |
| Standard Reference | Scrap Specifications Circular |
Bytes Fintech is located at Plot No 298, Khasara No.25/6, Kakrola Housing Complex, South West Delhi, Delhi 110078, India. The supplier is classified in the harbor trust tier on the platform, indicating a verified business profile, although the current response rate is recorded as 0 %. Bytes Fintech specialises in sourcing and exporting ferrous metal scrap from Indian scrap generators to international steel producers.
The company’s public listing does not specify minimum order quantities, pricing structures or certification status for the scrap grades, so interested buyers should request these details directly. Bytes Fintech highlights its ability to supply bulk volumes and to handle logistics for both containerised and bulk freight shipments. Further information about production capacity or quality assurance procedures can be obtained by contacting the supplier’s sales team.
Ferrous metal scrap is a critical raw material in global steelmaking and foundry operations, sourced from industrial, demolition, and post-consumer streams. Key grades include HMS 1 and HMS 2, shredded scrap, and plate and structural scrap, each classified by composition and size for specific melting processes. This commodity is traded globally in bulk, priced per metric ton, and widely exported from major scrap-generating regions. Ferrous scrap offers significant energy savings over virgin iron ore in electric arc furnace (EAF) and basic oxygen furnace (BOF) routes, making it a preferred input for secondary steel producers worldwide.
| Business Type | Supplier |
| Year Established | Recently Joined |
| Employees | Contact Supplier |
| Annual Revenue | Contact Supplier |
| Main Products | View Products Tab |
| Major Markets | Global |
| Response Time | Contact Supplier |
| Response Rate | New Supplier |
Before placing an order with Bytes Fintech, importers should obtain a recent assay report that details the iron, sulfur and chlorine levels of the specific grade they intend to purchase. Request confirmation of the exact grade mix (HMS 1, HMS 2, shredded, etc.) and verify that the supplier can provide any required certifications such as the Scrap Specifications Circular compliance. Clarify the minimum order quantity and any pre‑payment requirements to avoid misunderstandings.
Logistics for ferrous scrap are typically arranged as either 20‑ft container loads or bulk shipments on open‑top vessels, depending on the volume ordered. Importers need to agree on Incoterms - common choices are FOB Delhi or CIF Mumbai - and confirm the anticipated lead time, which varies with container availability and customs clearance in India. Payment methods often involve a letter of credit or advance payment, but the exact terms should be negotiated directly with Bytes Fintech.
Quality assurance is reinforced by requesting a material test certificate for each consignment, which should include results of iron content, impurity levels and moisture. Independent third‑party inspection can be scheduled at the loading port to verify compliance with the agreed specifications. Ensure that the shipment is accompanied by a commercial invoice, packing list, certificate of origin and any additional certificates the buyer deems necessary for customs clearance.
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When sourcing Ferrous Metal Scrap for your business, securing the right balance of quality and cost is essential. Bytes Fintech, a supplier based in India, offers this product with key specifications including HMS 1 (Heavy Melting Steel), HMS 2, Busheling, Shredded, Plate and Structural, Iron (Fe) content 85-98% by weight; residual alloys, copper, and tramp elements vary by grade, and HMS: max 1500mm x 500mm x 500mm; Shredded: 300mm max; Busheling: compressed bundles 600mm max. By purchasing directly from the manufacturer or authorized exporter, buyers can negotiate favorable FOB prices starting at $800/Bags and manage bulk orders with a minimum order quantity (MOQ) of 1 Bags. This product is actively traded under HS Code 7204.49, making it a staple in the Ferrous Metal Scrap sector with strong demand from importing countries worldwide.
Importing Ferrous Metal Scrap requires careful attention to shipping logistics, customs compliance, and secure payment terms. Bytes Fintech offers flexible shipping options such as Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. To ensure a smooth transaction, buyers should verify import duties for HS Code 7204.49 in their destination country. Common payment methods for international B2B transactions include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P). All transactions and RFQs are facilitated through EximNext, a leading import export marketplace designed to make cross-border trade secure and efficient.
Finding trustworthy partners is the foundation of successful importing. Ask the supplier of this Ferrous Metal Scrap for business registration and quality documents before ordering. Whether you are a distributor, wholesaler, or procurement manager, you can request a free quotation, ask for product samples, and finalize your bulk purchase with confidence. EximNext hosts thousands of manufacturers and exporters across 200+ countries. Explore similar products in the Ferrous Metal Scrap category and connect with top-tier exporters on our comprehensive online B2B marketplace. Start your sourcing journey today.
Importing Ferrous Metal Scrap requires careful attention to shipping logistics, customs compliance, and secure payment terms. Common shipping options include Full Container Load (FCL) or Less than Container Load (LCL) via sea freight. Buyers should verify import duties for HS Code 7204.49 in their destination country. Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), and Documents against Payment (D/P).
The current listed wholesale price for Ferrous Metal Scrap from Bytes Fintech is $800/Bags on FOB terms from India. Prices may vary depending on order volume, packaging, and destination. For the most accurate bulk quote, send a direct RFQ to Bytes Fintech through EximNext.
The supplier, Bytes Fintech, has set a Minimum Order Quantity (MOQ) of 1 Bags for Ferrous Metal Scrap. For sample requests or smaller trial orders, contact the supplier directly through our platform's inquiry system.
For international shipping and customs clearance, Ferrous Metal Scrap is classified under HS Code 7204.49. Buyers should verify their local customs regulations to determine applicable import duties and taxes for this classification.
To import Ferrous Metal Scrap from India, negotiate shipping terms (FOB, CIF, or EXW) directly with Bytes Fintech. Ensure you have the necessary import licenses for Ferrous Metal Scrap products in your destination country.
Open the Bytes Fintech company profile on EximNext to see the details the company has provided. Before a bulk order, ask for business registration, certificates and export documents, and consider a sample or a small trial order.
The key specifications for Ferrous Metal Scrap supplied by Bytes Fintech include HMS 1 (Heavy Melting Steel), HMS 2, Busheling, Shredded, Plate and Structural, Iron (Fe) content 85-98% by weight; residual alloys, copper, and tramp elements vary by grade, and HMS: max 1500mm x 500mm x 500mm; Shredded: 300mm max; Busheling: compressed bundles 600mm max. For a complete technical data sheet or Certificate of Analysis (COA), send an inquiry directly to the supplier through EximNext.
Bytes Fintech offers Ferrous Metal Scrap with standard export packaging. Custom packaging, private labeling, and OEM/ODM options may also be available for large wholesale orders.
Ferrous Metal Scrap is actively imported by buyers worldwide. Request a destination-specific CIF or CFR quote from Bytes Fintech through our platform.
Bytes Fintech maintains international quality certifications. These ensure that the Ferrous Metal Scrap meets international quality, safety, and regulatory standards required for cross-border trade.
Click "Request Quotation" on this product page, specify your required quantity, preferred shipping terms, and destination country. Bytes Fintech will respond with a detailed wholesale quote including FOB pricing, lead time, and payment options.
Common payment methods include Letter of Credit (L/C), Telegraphic Transfer (T/T), Documents against Payment (D/P), and Escrow services. Confirm accepted terms directly with Bytes Fintech.
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