TMT Sariya Price Today in Mandi Gobindgarh

Live, verified ex-mill sariya rates, MS billet prices, and raw material index calculations from the historical "Loha Mandi" of Punjab.

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Mandi Gobindgarh Steel Market Overview

Mandi Gobindgarh, located in the Fatehgarh Sahib district of Punjab, is affectionately known as the "Steel Town" or "Loha Mandi" of India. Historically, this hub has served as the backbone of secondary steel manufacturing in Northern India. The cluster comprises hundreds of scrap recycling yards, induction furnace plants, and advanced structural re-rolling mills supplying TMT rebar, round sections, channels, and angles.

Unlike Raipur, which relies heavily on direct sponge iron manufacturing, Mandi Gobindgarh is highly sensitive to the pricing of domestic melting scrap and international shredded scrap imports. The rates compiled in Mandi serve as the primary benchmark for steel and TMT rebar procurement in Punjab, Haryana, Himachal Pradesh, Jammu & Kashmir, and Rajasthan.

Live Mandi Gobindgarh Price Index

The rates listed below represent the benchmark ex-factory wholesale prices. These rates exclude 18% GST, local transport costs, and loading/unloading charges. For bulk orders exceeding 15 tons, buyers can contact regional stockists directly for customized freight discounts.

Size / Grade / Material Mandi Ex-Mill Rate (₹/MT) Daily Change Market Status
MS Billet (100x100mm) ₹44,800 ▲ ₹400 Tight Scrap Supply
8mm TMT rebar (Fe 500D) ₹51,400 ▲ ₹300 Active Demand
10mm TMT rebar (Fe 500D) ₹50,600 ▲ ₹200 Active Demand
12mm TMT rebar (Fe 500D) ₹50,200 ▲ ₹100 Stable
16mm to 28mm TMT (Fe 550D) ₹51,100 ▼ ₹150 Moderate

Price index compiled daily in coordination with Gobindgarh Steel Chambers and local commission agents.

Punjab Steel Supply & Logistics

The Mandi Gobindgarh steel cluster is strategically connected to major Northern consumption hubs via National Highway NH-44 (Grand Trunk Road) and extensive railway networks. This enables seamless regional supply chains:

  • Northern Capital Region (Delhi NCR): 24 hours transit time via road transport.
  • Himachal Pradesh & J&K hilly areas: Dedicated flatbed cargo trucks navigate regional routes daily, typically delivering in 24–48 hours.
  • Quality Testing Compliance: All material dispatched from Mandi Gobindgarh carries standard BIS (IS:1786-2008) certifications and Mill Test Certificates (MTC) verifying yield strength and elongation.

Frequently Asked Questions (Mandi Steel Town)

How does raw scrap pricing affect Mandi Gobindgarh sariya rates?
Since the majority of rolling mills in Mandi Gobindgarh rely on induction furnaces, their input raw material is iron/steel melting scrap. Any surge in international scrap shipping rates or domestic scrap availability immediately pushes MS Billet prices up, causing a direct increase in TMT sariya prices.
Can I purchase direct rail rake quantities from Mandi Gobindgarh?
Yes. Major B2B traders and rolling mill stockists in Mandi Gobindgarh facilitate rail rake dispatches (minimum 2,500 tons) to any destination rail siding across Northern and North-Eastern India.
What is the difference between primary steel and Mandi secondary TMT steel?
Primary steel (like Tata Tiscon or JSW) is manufactured directly from iron ore using blast furnaces, whereas Mandi Gobindgarh secondary steel is manufactured via recycling scrap in induction furnaces. While secondary steel is more cost-effective, modern Mandi mills produce Fe 500D grades that meet standard BIS requirements.