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Chandigarh Steel Market Overview
Chandigarh/Tricity (Chandigarh, Mohali, Panchkula) is a major consumption hub for TMT steel, fueled by infrastructure development, commercial real estate, and residential projects in the region.
The key wholesale steel procurement zones for the region are the Mohali JLPL Industrial Area, Derabassi (on NH-22), and Phase 8B Industrial Area. For secondary TMT, these areas offer the most competitive rates in Tricity.
Mandi Gobindgarh, Punjab's steel hub, is approximately 85 km from Chandigarh. Most Chandigarh wholesale stockists procure directly from Mandi Gobindgarh rolling mills, passing on competitive prices to local buyers.
Live Chandigarh TMT Sariya Price — Today's Rates
Rates below are indicative ex-godown wholesale prices from Mohali JLPL and Derabassi markets. These rates are exclusive of 18% GST and last-mile delivery charges to your construction site.
| Size / Grade | Chandigarh Ex-Godown (₹/MT) | Daily Change | Demand Level |
|---|---|---|---|
| 8mm TMT rebar (Fe 500D) | ₹51,200 | ▲ ₹350 | Very High |
| 10mm TMT rebar (Fe 500D) | ₹50,500 | ▲ ₹250 | High |
| 12mm TMT rebar (Fe 500D) | ₹49,900 | — Unchanged | High |
| 16mm TMT rebar (Fe 550D) | ₹50,600 | ▼ ₹150 | Moderate |
| 20mm–32mm TMT (Fe 550D) | ₹51,000 | — Unchanged | Moderate |
| SAIL TMT (Fe 500D, 12mm) | ₹53,500 | ▲ ₹200 | Steady |
Indicative rates compiled from local stockists in Mohali and Derabassi. Verify with local stockist before procurement.