TMT Bar Price & Steel Rate Today: Check Latest Steel Price per Kg in India

 In today’s dynamic construction landscape, knowing the steel rate today, the steel price per kg, and the latest TMT bar price is essential for builders, contractors, and individuals planning any kind of infrastructure or building project. As steel is the backbone of modern construction, fluctuations in its price can significantly impact project costs. Here, we provide a detailed and updated overview of steel price today with precise figures, market trends, and influencing factors.

Current Steel Price Today in India (Per Kg Basis)

As of June 24, 2025, the steel price per kg in India varies based on grade, region, and type of steel. Below is the average price range:



Please note that these prices may vary slightly depending on local suppliers, transportation costs, and bulk purchase agreements.

TMT Bar Price Today – Brand-Wise Breakdown

TMT bars are a crucial component in RCC structures. Their pricing fluctuates daily due to demand, raw material costs, and manufacturing variations. Here's an updated brand-wise TMT bar price list:

Brand

Grade

Price per Kg (INR)

Radha TMT

Fe 550D

₹65 – ₹68

Tata Tiscon

Fe 550D

₹67 – ₹72

JSW Neosteel

Fe 500D

₹66 – ₹70

Vizag Steel

Fe 500

₹62 – ₹66

Kamdhenu TMT

Fe 550

₹63 – ₹67

SAIL TMT

Fe 500D

₹64 – ₹69

Factors Influencing Steel Price Today

1. Raw Material Costs

The primary raw materials used in steel production—iron ore, coal, and scrap—play a decisive role in determining the steel rate today. A surge in global iron ore prices directly impacts domestic steel pricing.

2. Transportation and Fuel Charges

Rising fuel costs increase transportation charges, especially for inter-state deliveries, contributing to the final steel price per kg.

3. Supply and Demand

During periods of high construction activity, such as pre-monsoon or post-budget months, steel prices typically witness an upward trend due to demand spike.

4. Government Policies and Import/Export Duties

Changes in import duties or restrictions on steel exports can either boost domestic supply or create scarcity, influencing the TMT bar price significantly.

5. Global Market Trends

Indian steel prices are indirectly influenced by international markets like China and the US. Any disruptions or booms in these markets have a ripple effect.

Regional Price Variations of TMT Bars

India being a vast country sees TMT bar prices varying based on location due to logistical costs and proximity to manufacturing hubs. Here’s a regional overview:

  • South India (Hyderabad, Chennai, Bangalore): ₹64 – ₹70/kg

  • North India (Delhi, Chandigarh, Jaipur): ₹62 – ₹67/kg

  • West India (Mumbai, Pune, Ahmedabad): ₹63 – ₹69/kg

  • East India (Kolkata, Bhubaneswar, Patna): ₹61 – ₹66/kg

Steel Price Trends – Monthly Overview

Month

Average Steel Price per Kg

March 2025

₹62

April 2025

₹64

May 2025

₹66

June 2025

₹67

The steel rate today shows a consistent upward trend due to rising demand from infrastructure projects and government tenders. Investors and contractors should monitor prices closely to optimize their purchase timing.

How to Choose the Right TMT Bars for Your Project

Choosing the correct grade and brand of TMT bars ensures structural integrity and long-term durability. Here are some quick pointers:

  • Fe 500D and Fe 550D offer higher ductility and are suitable for seismic zones.

  • ISI certified brands like Radha TMT, JSW, and Tata Tiscon are reliable.

  • Always check for corrosion resistance, elongation capacity, and bendability before buying.

Bulk Purchase Benefits for Construction Projects

Buying steel in bulk offers several benefits:

  • Lower price per kg

  • Free or discounted delivery

  • Consistent supply for large-scale construction

We recommend reaching out to regional distributors or authorized stockists of brands like Radha TMT, SAIL, and JSW for competitive quotes.

Tips for Buying Steel at the Best Rates

  1. Compare daily prices across different suppliers.

  2. Purchase in off-peak seasons like monsoon or winter.

  3. Choose local brands to reduce freight charges.

  4. Track international metal index for trend forecasting.

  5. Negotiate for bulk orders directly with manufacturers or major dealers.

Why Steel Prices Will Remain Volatile in 2025

As infrastructure development surges, particularly in railways, highways, and smart cities, the demand for high-quality steel continues to rise. At the same time, global shipping costs and geopolitical conflicts can create unpredictable supply chains. These combined factors will keep steel prices today highly reactive to external events, necessitating close market tracking.

Conclusion

Understanding the steel rate today, staying updated with the steel price per kg, and making informed decisions regarding TMT bar price can significantly optimize project budgets and timelines. Whether you're a contractor, builder, or an investor in infrastructure, timely decisions based on accurate steel pricing data are critical for success.

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