Iron Rate Today – Updated Steel Price Per Kg in India

 Staying informed about the iron rate today is essential for industries like construction, manufacturing, and infrastructure development. The steel price per kg changes regularly due to market fluctuations, raw material costs, and global demand. In this in-depth article, we will cover everything you need to know about the iron price today, including city-wise prices, daily updates, and tips for smart purchasing. Understanding the today iron rate gives buyers a strategic advantage in budgeting and procurement.

Latest Iron Rate Today in India – August 2025

As of August 4, 2025, the iron price per kg in India is as follows:

Type of Iron/Steel

Price Per Kg (INR)

TMT Bar (Fe 500/Fe 550)

₹54 – ₹62

Mild Steel Rod

₹48 – ₹56

Structural Steel

₹52 – ₹60

Scrap Iron

₹32 – ₹38

Sponge Iron

₹30 – ₹36

These prices represent the average steel rate today across major cities in India. For bulk purchases, contact your supplier for the latest quotation based on quantity and delivery location.

Key Factors Affecting Today Iron Rate

Several economic and industry-specific factors influence the today iron rate, including:

1. Global Iron Ore Prices

Iron ore is the primary raw material. Any surge in its cost directly impacts the iron rate today.

2. Transportation and Freight

Inland transportation costs and fuel prices play a major role in determining the iron price per kg, especially in remote regions.

3. Demand & Supply Dynamics

Seasonal demand spikes, like during large infrastructure project launches, increase the steel rate today.

4. Government Policies & Duties

Import/export tariffs, GST changes, and environmental regulations affect the iron price today across the country.

Steel Price Per Kg by Type

Understanding the steel price per kg based on the type is vital for accurate budgeting:

TMT Bars

TMT bars are commonly used for residential and commercial construction. The steel rate today for TMT bars ranges from ₹54 to ₹62 per kg depending on the brand and region.

Mild Steel

Mild steel rods and sheets are widely used in fabrication. The iron price per kg for MS products is approximately ₹48 to ₹56.

Structural Steel

Used in industrial construction, this category sees a today iron rate of ₹52 to ₹60 per kg.

City-Wise Iron Price Today

The iron rate today varies by city based on local demand and supplier availability. Here’s a city-wise overview of the steel price per kg:

City

TMT Bar Price (Per Kg)

Mumbai

₹56 – ₹60

Delhi

₹55 – ₹59

Bengaluru

₹54 – ₹58

Hyderabad

₹57 – ₹62

Chennai

₹55 – ₹60

Kolkata

₹53 – ₹57

Keep in mind, prices may change daily. Always confirm the latest iron price today before placing bulk orders.

Top Brands and Their Iron Rate Today

Below are brand-wise steel rate today for popular Indian manufacturers:

Brand

TMT Bar Price (Per Kg)

Radha TMT

₹58 – ₹61

JSW Neosteel

₹59 – ₹64

Tata Tiscon

₹60 – ₹65

SAIL

₹55 – ₹59

Vizag Steel

₹56 – ₹60

When selecting steel, consider not just the iron price per kg but also quality, ductility, and tensile strength.

Iron Price Today – How to Buy Smart

Here’s how to make cost-effective decisions based on the today iron rate:

  • Bulk Buying: Buy in larger quantities to lower per kg cost.

  • Negotiate Transport Charges: Shipping can affect your total cost.

  • Monitor Price Trends: Watch for drops in the steel rate today for optimal timing.

  • Verify Quality with ISI Certification: Don’t compromise on quality for lower rates.

To get the best iron rate today, always compare offers from at least three vendors.

Historical Trends in Steel Rate Today

Let’s look at how the steel price per kg has moved over recent months:

Month

Average TMT Bar Price

August 2025

₹56.5

July 2025

₹57.2

June 2025

₹55.8

May 2025

₹56.4

April 2025

₹54.6

March 2025

₹52.9

Studying trends helps anticipate fluctuations in the iron rate today.

Why Iron Rate Today Matters for Builders and Contractors

Tracking the iron price today helps in:

  • Project cost estimation

  • Avoiding price shocks

  • Planning long-term procurement

  • Reducing budget overruns

The steel price per kg plays a crucial role in construction profitability, making it a daily metric that contractors must monitor.

Conclusion: Stay Updated on Iron Rate Today

The iron rate today, the today iron rate, and the steel rate today are indispensable metrics for anyone working with metal or construction. Price differences may seem small per kg, but for large projects, they translate to lakhs of rupees.

At Radha TMT, we provide premium-quality steel at competitive rates. Stay informed and buy smarter with daily iron price per kg updates.

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