Real-time TMT steel rebar rates from Sanwer Road and Pithampur industrial markets. Verified ex-godown rates updated daily.
Indicative wholesale steel prices per Metric Ton (1,000 kg) sourced directly from stockyards across Indore and the Malwa region.
| Diameter (mm) | Grade | Today's Rate (₹/MT) | Change |
|---|---|---|---|
| 8 mm | Fe 500D / Fe 550D | ₹53,100 | ▲ ₹250 |
| 10 mm | Fe 500D / Fe 550D | ₹51,900 | ▲ ₹200 |
| 12 mm | Fe 500D / Fe 550D | ₹50,800 | ▼ ₹100 |
| 16 mm | Fe 500D / Fe 550D | ₹51,000 | ▼ ₹100 |
| 20–32 mm | Fe 500D / Fe 550D | ₹51,500 | ▲ ₹150 |
Rates exclude 18% GST and local transport freight. Minimum order quantity: 3 Metric Tons.
Indore is the commercial capital of Madhya Pradesh and the primary steel logistics node for Malwa and Nimar regions. Sanwer Road Industrial Area and Pithampur Special Economic Zone house major rolling mills and primary stockyards handling Tata Tiscon, JSW Neosteel, SAIL, and regional DRI rebar brands.
When sourcing steel in Indore, contractors are urged to verify manufacturer ISI embossing (IS 1786 grade Fe 500D / Fe 550D) along the bar length, demand Mill Test Certificates (MTC) matching heat numbers, and weigh trucks at independent computerized weighbridges.
Before accepting steel delivery at site, civil engineers should verify yield strength (Fe 500D minimum 500 N/mm², Fe 550D minimum 550 N/mm²), ultimate tensile strength (UTS), and minimum elongation percentage (16% for Fe 500D). Using BIS certified rebar guarantees high earthquake resistance and structural stability for multi-storey RCC frames.