Iron vs Steel Scrap — What's the Difference?

How to Identify Iron vs Steel
Iron and steel are both ferrous metals, but they have key differences that affect their scrap value:
- Cast Iron — heavy, brittle, has a rough/granular texture when broken. Common in old machinery, pipes, engine blocks, and cookware.
- Wrought Iron — tough, malleable, often found in gates, railings, and decorative items. Has a fibrous grain visible when broken.
- Steel — an alloy of iron and carbon. Lighter than cast iron, stronger, and more versatile. Used in construction rebar, structural beams, automotive parts, and appliances.
- Stainless Steel — steel with chromium added. Non-magnetic (mostly), rust-resistant, higher value. Common in kitchen equipment, medical instruments, and food processing.
The quickest test: use a magnet. Both iron and mild steel are strongly magnetic. Stainless steel is usually non-magnetic or weakly magnetic.
Common Sources of Each
In Pakistan's industrial landscape:
- Iron — old machinery, engine blocks, manhole covers, water pipes, industrial castings
- Mild Steel — construction rebar, structural beams, car bodies, sheet metal, roofing
- Stainless Steel — hotel kitchen equipment, medical equipment, food processing machinery
How Grading Works for Each
Have scrap to sell? Get a free pickup assessment from Krusco.
Book a Pickup →Scrap iron and steel are graded based on:
- Density — heavy melting steel (HMS) vs light iron (tin cans, thin sheet)
- Cleanliness — free from concrete, wood, plastic, or other attachments
- Size — pre-cut pieces vs. large structures requiring dismantling
- Alloy content — plain carbon steel vs. alloy steel vs. stainless steel
Industries That Produce Each Type
Different industries generate different iron and steel scrap:
- Manufacturing — steel offcuts, defective parts, old tooling
- Construction — rebar, structural steel, corrugated sheets
- Automotive — car bodies, engine blocks, suspension parts
- Shipping — ship-breaking steel, marine hardware, containers
Krusco's Buying Process for Both
At Krusco's metal recycling division, we buy all grades of iron and steel scrap:
- On-site sorting — we separate ferrous grades at your location
- Digital weighing — each grade weighed separately on certified scales
- Fair market rates — regularly updated to reflect current demand
- Complete documentation — weighment slips and GST invoices provided
- Own shearing and baling equipment — we can process large pieces on-site
From a single truckload of mixed iron to monthly factory contracts, we handle it all. Book a pickup today.
Ready to sell your scrap?
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