Today Iron Rate, Steel Rate Today & Iron Price Per Kg Guide

 Tracking the iron rate today and the steel price per kg is essential for builders, contractors, and manufacturers. Price changes can significantly impact construction budgets, raw material costs, and overall project planning. This in-depth guide provides the today iron rate, steel rate today, iron price per kg, and iron price today with detailed market insights.

Latest Iron Rate Today

The iron rate today in India fluctuates daily depending on demand, supply, and raw material costs. Below is the average iron price today in major markets:

City

Iron Price Per Kg

Delhi

₹58 – ₹62

Mumbai

₹57 – ₹61

Chennai

₹56 – ₹60

Kolkata

₹58 – ₹63

Bangalore

₹57 – ₹61

These prices represent standard-grade material and may vary with quality and bulk purchase. For wholesale buyers, the iron price per kg is generally 2–4% lower than retail prices.

Steel Price Per Kg – Daily Update

The steel price per kg is determined by the cost of iron ore, coal, and manufacturing processes. With infrastructure demand increasing, the steel rate today shows slight upward movement compared to last month:

Type of Steel

Steel Price Per Kg

TMT Bars Fe-500

₹58 – ₹65

Mild Steel Rods

₹56 – ₹62

Structural Steel

₹60 – ₹68

Stainless Steel

₹190 – ₹210

TMT bars are the most common choice for construction, and the steel rate today varies depending on the brand and grade.

Today Iron Rate – Factors That Influence Prices

The today iron rate is not fixed and is influenced by multiple factors:

  1. Raw Material Costs – When iron ore prices rise, both iron price today and steel price per kg go up.

  2. Seasonal Demand – Construction seasons often push the steel rate today higher.

  3. Transport Charges – Freight costs directly affect the iron price per kg.

  4. Government Policies – Export restrictions or duty changes can alter the today iron rate overnight.

  5. Global Trends – International markets influence the iron rate today in India.

Steel Rate Today – Brand-Wise Pricing

The steel rate today changes not only by region but also by brand. Below are current market prices:

Brand

Steel Price Per Kg

Tata Tiscon

₹64 – ₹68

JSW Steel

₹63 – ₹67

Radha TMT

₹62 – ₹66

SAIL TMT

₹63 – ₹67

Kamdhenu TMT

₹62 – ₹66

Buying from reputed brands ensures quality while monitoring the steel rate today helps in budget planning.

Iron Price Per Kg – Wholesale vs Retail

There’s always a gap between wholesale and retail prices for iron price per kg. Wholesale buyers benefit from bulk discounts, while retail buyers pay slightly more:

  • Wholesale Iron Price Per Kg: ₹55 – ₹58

  • Retail Iron Price Per Kg: ₹58 – ₹63

Keeping track of the iron rate today before making large purchases can save significant costs.

Historical Trends in Iron and Steel Prices

Looking at price history helps in predicting the steel rate today and iron price today:

  • January–March: Stable market due to balanced demand and supply.

  • April–June: Slight increase in iron price per kg due to infrastructure push.

  • July–August: Seasonal slowdown but higher transport costs kept today iron rate steady.

These fluctuations show why daily monitoring of iron rate today and steel price per kg is necessary.

Industrial Uses of Iron and Steel

Both iron and steel are critical in sectors such as:

  • Construction – Bridges, buildings, and roads.

  • Automobile Industry – Car bodies and components.

  • Shipbuilding – Hulls and marine parts.

  • Heavy Machinery – Manufacturing plants and equipment.

The iron price today directly affects manufacturing costs in these industries.

Tips to Buy at the Best Steel and Iron Rate Today

  1. Compare steel price per kg and iron price per kg across suppliers.

  2. Buy in bulk during off-season for better today iron rate.

  3. Track daily updates for steel rate today to catch price dips.

  4. Opt for wholesale distributors to get lower iron price today.

  5. Negotiate contracts for stable pricing over several months.

Impact of Global Iron Ore Prices

The iron rate today and steel rate today in India follow global trends. Rising international iron ore prices push up domestic iron price per kg and steel price per kg. Staying aware of these shifts is key for cost management.

Future Outlook for Iron and Steel Prices

Market experts predict stable to slightly rising prices in the next quarter. Monitoring the today iron rate and steel price per kg daily will help buyers make informed decisions and avoid sudden price hikes.

Conclusion
The iron rate today, steel price per kg, today iron rate, steel rate today, iron price per kg, and iron price today are critical metrics for industries and individuals alike. Staying updated ensures cost-effective procurement and better project planning.

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