Steel Prices in Vijayawada per kg/ton Today (2025)

Steel prices in Vijayawada are influenced by various factors, including global market trends, supply chain constraints, and domestic production levels. As of today, the prices have experienced fluctuations across different product categories such as TMT bars, structural steel, and flat products. These changes are driven by factors like shifts in demand and the availability of raw materials. The city is seeing prices aligned with broader trends in India, where prices for both long and flat products have shown modest variations.

Steel Price by Product

Category	Product	Grade	Price (₹/MT)
TMT Bars	10 mm	Fe500	₹ 74,500
		Fe500D	₹ 75,000
		Fe550	₹ 76,000
	16 mm	Fe500	₹ 73,000
		Fe500D	₹ 74,500
		Fe550	₹ 75,500
Structural Steel	I-Beams	IS 2062 E250	₹ 65,000
		IS 2062 E350	₹ 67,000
Hot Rolled Coils	2.5 mm	CRCA IS 513	₹ 67,000
		IS 2062 E250	₹ 69,000
GI Pipes	6 inches	IS 1239 Medium	₹ 55,000
		IS 1239 Heavy Duty	₹ 58,000

The prices mentioned are averages for first quarter of 2025 and may vary slightly depending on the supplier and specific requirements.

Steel Price Monthly Trend for 2024-2025

Month	TMT Bars (Fe500D)	I-Beams (IS 2062)	Hot Rolled Coils (CRCA)	GI Pipes (IS 1239)	Average Price (₹/MT)
Jan-24	₹ 72,000	₹ 64,500	₹ 67,000	₹ 55,000	₹ 72,000
Feb-24	₹ 71,500	₹ 64,000	₹ 66,500	₹ 54,800	₹ 71,500
Mar-24	₹ 73,000	₹ 65,500	₹ 68,000	₹ 56,000	₹ 73,000
Apr-24	₹ 74,500	₹ 66,000	₹ 69,000	₹ 57,000	₹ 74,500
May-24	₹ 75,000	₹ 66,500	₹ 69,500	₹ 58,000	₹ 75,000
Jun-24	₹ 73,500	₹ 65,500	₹ 68,500	₹ 56,500	₹ 73,500
Jul-24	₹ 72,000	₹ 64,500	₹ 67,500	₹ 55,500	₹ 72,000
Aug-24	₹ 71,800	₹ 64,200	₹ 67,000	₹ 55,200	₹ 71,800
Sep-24	₹ 73,000	₹ 65,000	₹ 68,000	₹ 56,000	₹ 73,000
Oct-24	₹ 74,500	₹ 66,000	₹ 69,000	₹ 57,000	₹ 74,500
Nov-24	₹ 75,000	₹ 66,500	₹ 69,500	₹ 58,000	₹ 75,000
Dec-24	₹ 75,000	₹ 66,500	₹ 69,500	₹ 58,000	₹ 75,000
Jan-25	₹ 75,000	₹ 66,500	₹ 69,500	₹ 58,000	₹ 75,000

Prices have shown a steady yet mild upward trend across most of the year, with a significant spike in April and May due to rising demand from construction activities.

Steel Price Trend Over the Last 4 Years (Vijayawada)

Year	Average Price (₹/MT)
2021	₹ 64,000
2022	₹ 68,500
2023	₹ 71,000
2024 (YTD)	₹ 73,000

The prices have progressively increased over the years due to infrastructure growth, supply chain disruptions, and global market influences. Vijayawada follows the national trend of rising steel prices as demand surges.

Steel Price Predictions & Financial Forecasts

Market Growth in 2025:

• India’s Domestic Steel Demand: Expected growth of 8.2% in 2025.
• Infrastructure Projects: National Infrastructure Pipeline (NIP) boosting demand.
• Vijayawada Impact: Rise in demand for TMT bars and structural steel due to urbanization and infrastructure expansion.

Projected Price Increase:

• Overall Price Rise: Predicted 3-5% increase in steel prices by the end of 2024.
• TMT Bars: Steady price rise due to higher construction activity and infrastructure projects.
• Structural Steel: Expected to increase in tandem with construction growth and increased input costs.

Input Cost Impact:

• Iron Ore: Prices rose by 8-10%, affecting production costs.
• Coking Coal: 6% price hike contributing to higher manufacturing costs.
• Raw Material Volatility: Global supply chain disruptions causing material shortages.

Global Market Trends:

• Steel Demand Recovery: Global recovery from 2023 downturn; moderate uptick in demand.
• Chinese Steel Influence: Chinese steel export prices have marginally softened, influencing Indian prices.
• Economic Policies: Tariff impacts and policy changes (such as India’s export restrictions) continue to shape steel pricing dynamics.

How to Procure Steel at a Low Price in Vijayawada

Bulk Purchasing: Buying in larger quantities can provide significant cost reductions, as suppliers often offer discounts for bulk orders. Coordinate with builders or other industries to combine orders and leverage bulk pricing.

Monitor Seasonal Trends: Steel prices tend to dip during the monsoon season due to slower construction activity. Purchasing during these periods can result in lower rates.

Direct Manufacturer Deals: Avoid middlemen by directly contacting manufacturers or authorized distributors. This removes additional costs associated with intermediaries.

Daily Price Monitoring: Regularly check daily price updates from reliable sources like SteelMint or India Prices to identify price drops or favourable purchase windows.

Tata nexarc: For hassle-free procurement, consider Tata nexarc, which offers access to a network of verified suppliers, competitive pricing, and easy financing options for MSMEs, ensuring both quality and affordability in steel sourcing.

Unlock the power of credit to buy quality steel with Tata nexarc

In summary, the steel and TMT bars market in Vijayawada is expected to see steady growth, driven by infrastructure projects and rising demand. Prices are projected to increase modestly by 3-5% through this year, with raw material costs playing a key role in influencing the market. Strategic purchasing methods such as bulk buying, monitoring seasonal trends, and direct deals can help procure steel at lower prices. Platforms like Tata nexarc provide an efficient solution for sourcing high-quality steel at competitive rates, ensuring affordability and convenience for businesses in the region.

Disclaimer: Prices are indicative and subject to change. Buyers are requested to contact our team at Tata nexarc for latest TMT bar price range available from different manufacturers, suppliers, wholesalers. For more details on TMT bar size and grade (e.g., Fe 415, Fe 500, Fe 550, Fe 600) get in touch now. GST + freight additional.