🏗️ Raipur 12mm Fe500D ₹49,400 ▲₹150 🏙️ Delhi 12mm Fe500D ₹50,200 ▲₹200 🌆 Mumbai 12mm Fe500D ₹51,200 — Steady 🌇 Hyderabad 12mm Fe500D ₹50,600 ▲₹150 🏔️ Chandigarh 12mm Fe500D ₹49,900 — Steady ⚙️ Mandi Gobindgarh 12mm Fe500D ₹49,200 ▼₹100 🌊 Bellary 12mm Fe500D ₹48,900 ▲₹200 ⚓ Vizag 12mm Fe500D ₹50,100 ▲₹250 🏗️ Raipur 12mm Fe500D ₹49,400 ▲₹150 🏙️ Delhi 12mm Fe500D ₹50,200 ▲₹200 🌆 Mumbai 12mm Fe500D ₹51,200 — Steady 🌇 Hyderabad 12mm Fe500D ₹50,600 ▲₹150

LIVE RATES — UPDATED DAILY

Steel Rate Today in India

Q: What is today's steel rate in India?

Today's TMT sariya (steel rebar) price in India ranges between ₹49,500 and ₹55,000 per metric ton for Fe 500D grade, depending on the city and whether it is secondary or branded steel. Raipur (Chhattisgarh) has the lowest ex-mill rates at ₹49,400–₹50,800, while Mumbai and Delhi NCR have higher ex-godown rates at ₹51,200–₹55,500 due to inward freight.

Q: Which city has the cheapest TMT steel price in India?

Raipur (Chhattisgarh) consistently has the lowest TMT steel prices in India because it is the largest secondary steel production hub with direct access to iron ore and coal. Mandi Gobindgarh (Punjab) and Bellary (Karnataka) are the second and third cheapest hubs respectively.

Q: What is the difference between secondary and primary TMT steel?

Primary TMT steel is produced by large integrated steel plants (TATA Steel, JSW, SAIL, RINL) using blast furnaces with virgin iron ore. It has tighter quality control and consistent chemical composition. Secondary TMT is manufactured by smaller electric arc or induction furnace mills using steel scrap — it is significantly cheaper (by ₹3,000–₹5,000 per MT) but quality can vary. Always check for BIS IS:1786 certification regardless of origin.

Q: How often does steel price change in India?

Steel prices in India are revised daily or weekly by mills and stockists based on raw material costs (iron ore, coal, electricity), scrap prices, export demand, and monsoon construction cycles. Typically, prices are most volatile in March–June (peak construction season) and most stable in July–September (monsoon slowdown).

National TMT sariya price index. Compare live ex-godown rates across Delhi, Mumbai, Raipur, Hyderabad, Chandigarh and 20+ cities. Find the best wholesale price for Fe 500D and Fe 550D rebar.

Last Updated: IST

₹48,900

Lowest Rate Today
(Bellary, Fe500D)

₹55,500

Highest Rate Today
(Mumbai Branded)

₹50,400

National Average
(12mm Fe 500D)

▲₹220

Avg Daily Change
Across All Cities

TMT Sariya Prices by City — Today

Click on any city card to see detailed rates, procurement guides, and B2B wholesale quote requests.

🏗️ RaipurChhattisgarh

₹49,400

per MT · 12mm Fe 500D · Ex-Mill

₹150 today · India's Cheapest Hub

View Raipur Rates

⚙️ Mandi GobindgarhPunjab

₹49,200

per MT · 12mm Fe 500D · Ex-Mill

₹100 today · Punjab Steel Hub

View Mandi Rates

⛏️ BellaryKarnataka

₹48,900

per MT · 12mm Fe 500D · Ex-Mill

₹200 today · South India Hub

View Bellary Rates

🏔️ ChandigarhPunjab/Haryana

₹49,900

per MT · 12mm Fe 500D · Ex-Godown

— Unchanged today · Tricity Hub

View Chandigarh Rates

🏙️ Delhi NCRDelhi

₹50,200

per MT · 12mm Fe 500D · Ex-Godown

₹200 today · North India Market

View Delhi Rates

🌇 HyderabadTelangana

₹50,600

per MT · 12mm Fe 500D · Ex-Godown

₹150 today · South India Market

View Hyderabad Rates

⚓ VisakhapatnamAndhra Pradesh

₹50,100

per MT · 12mm Fe 500D · Ex-Mill

₹250 today · RINL Vizag Steel

View Vizag Rates

🌆 MumbaiMaharashtra

₹51,200

per MT · 12mm Fe 500D · Ex-Godown

— Unchanged today · Premium Market

View Mumbai Rates

National Steel Price Comparison Table

12mm Fe 500D TMT rebar · Ex-godown rates · Excluding 18% GST

City / Hub	State	Type	Rate (₹/MT)	Change Today	Ranking
Bellary	Karnataka	Secondary	₹48,900	▲ ₹200	🥇 Cheapest
Mandi Gobindgarh	Punjab	Secondary	₹49,200	▼ ₹100	🥈
Raipur	Chhattisgarh	Secondary	₹49,400	▲ ₹150	🥉
Chandigarh	Punjab/Haryana	Secondary/Primary	₹49,900	— Steady	4th
Delhi NCR	Delhi	Secondary/Primary	₹50,200	▲ ₹200	5th
Visakhapatnam	Andhra Pradesh	RINL Primary	₹50,100	▲ ₹250	5th
Hyderabad	Telangana	Secondary/Primary	₹50,600	▲ ₹150	6th
Mumbai	Maharashtra	Secondary/Primary	₹51,200	— Steady	Most Expensive

Understanding India's Steel Price Structure

India is the world's second-largest producer and consumer of steel. TMT (Thermo-Mechanically Treated) bars — locally called sariya — are the backbone of all reinforced concrete construction. The price you pay at your local dealer depends on a multi-layered cost structure:

Ex-mill rate: The price at which steel leaves the manufacturing plant's gate. This is the benchmark we track daily.
Freight to stockist: Road or rail transport from mill to regional stockist. Adds ₹600–₹2,000 per MT depending on distance.
Stockist margin: Typically ₹500–₹1,500 per MT depending on market conditions and competition.
18% GST: Mandatory on all commercial steel transactions. Registered buyers can claim Input Tax Credit (ITC).
Last-mile delivery: Site delivery by truck adds ₹300–₹800 per trip depending on your location.

The total landed cost at your construction site is typically 25–40% higher than the ex-mill price you see published in market reports.

Frequently Asked Questions — Steel Rate India

What is today's steel rate in India?

Today's TMT sariya price in India ranges between ₹48,900 (Bellary, secondary) and ₹55,500 (Mumbai branded primary) per metric ton for Fe 500D grade. The national average for 12mm Fe 500D is approximately ₹50,400 per MT ex-godown.

Which city has the cheapest TMT steel price in India?

Bellary (Karnataka), Mandi Gobindgarh (Punjab), and Raipur (Chhattisgarh) consistently offer the lowest TMT prices in India as they are major production hubs with abundant raw material access.

What is the difference between secondary and primary TMT steel?

Primary TMT (from TATA, JSW, SAIL, RINL) is made using integrated blast furnaces with consistent quality. Secondary TMT (from induction furnace mills) is cheaper by ₹3,000–₹5,000 per MT but requires careful BIS IS:1786 certification verification.

How often does steel price change in India?

Steel prices in India are revised daily or weekly based on raw material costs, scrap prices, export demand, and monsoon construction cycles. Prices peak in March–June and are most stable in July–September (monsoon slowdown).

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