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

Raipur, a prominent steel market, offers varied steel products catering to industries such as construction, manufacturing, and infrastructure. In 2024, steel prices have been dynamic due to global supply fluctuations, demand trends, and production factors within India, influencing regional markets like Raipur.

Steel Price by Product

Category	Product	Grade	Price (₹/MT)
TMT Rebar	8 mm TMT Bars	Fe 500	₹ 52,765
	10 mm TMT Bars	Fe 500	₹ 51,585
	12 mm TMT Bars	Fe 500	₹ 50,995
	16 mm TMT Bars	Fe 500	₹ 50,995
	20 mm TMT Bars	Fe 500	₹ 50,995
	25 mm TMT Bars	Fe 500	₹ 50,995
	32 mm TMT Bars	Fe 500	₹ 52,765
HRC Coils	HRC Steel	IS 2062 E350	₹ 63,500
		IS 2062 E250	₹ 63,000
Cold Rolled	CRC Steel	Standard Grade	₹ 75,000
Structural	Beam	Standard Grade	₹ 48,200
	Angle	IS 2062	₹ 47,000
	Channel	IS 2062	₹ 47,200

In Raipur, prices reflect the national trends, with TMT bars, especially from brands like Tata Tiscon and Jindal Panther, being competitively priced around ₹49,588 per ton for standard grades like Fe 500.

Monthly Trend for 2024 - 2025

Month	TMT Rebar (₹/MT)	Hot Rolled (₹/MT)	Cold Rolled (₹/MT)	Structural (₹/MT)
January	₹ 50,200	₹ 63,500	₹ 75,000	₹ 48,200
February	₹ 49,800	₹ 63,200	₹ 74,800	₹ 48,000
March	₹ 49,100	₹ 63,000	₹ 74,600	₹ 47,800
April	₹ 48,700	₹ 62,500	₹ 74,400	₹ 47,500
May	₹ 49,000	₹ 62,800	₹ 74,650	₹ 47,650
June	₹ 49,300	₹ 63,000	₹ 74,800	₹ 47,800
July	₹ 49,500	₹ 63,200	₹ 75,000	₹ 48,000
August	₹ 49,600	₹ 63,400	₹ 75,200	₹ 48,250
September	₹ 49,550	₹ 63,350	₹ 75,150	₹ 48,100
October	₹ 49,500	₹ 63,500	₹ 75,300	₹ 48,200
November	₹ 49,400	₹ 63,300	₹ 75,100	₹ 48,000
December	₹ 49,300	₹ 63,100	₹ 74,900	₹ 47,800
January 2025	₹ 49,200	₹ 63,100	₹ 75,800	₹ 47,800

The price trend shows a gradual fluctuation within the range of ₹48,700 to ₹50,200 across 2024. Prices dipped slightly mid-year due to decreased demand post-festive seasons but stabilized in the latter months.

4-Year Price Trend (2020-2024)

Year	TMT Rebar (₹/MT)	Hot Rolled (₹/MT)	Cold Rolled (₹/MT)	Structural (₹/MT)
2021	₹ 57,000	₹ 58,000	₹ 59,000	₹ 56,000
2022	₹ 62,000	₹ 63,000	₹ 64,000	₹ 61,000
2023	₹ 55,000	₹ 56,000	₹ 57,000	₹ 54,000
2024	₹ 49,500	₹ 50,500	₹ 51,500	₹ 49,000

The price trend over the last four years highlights significant increases between 2020 and 2022, mainly driven by global demand and supply chain issues during the pandemic. 2023 saw a slight reduction, and 2024 with a relatively stabilized price level.

Steel Price Predictions & Financial Forecasts for Raipur

Expected Price Trends

• Steel prices are projected to remain relatively low throughout 2025, with a likely trough anticipated around mid-2025. This decline stems from an oversupply due to global capacity increases, expected to add 55 million metric tons annually through 2025. As demand continues to grow slowly, especially in the construction and industrial sectors, global prices will likely face downward pressure.
• Specific to Raipur, rebar and hot rolled coil (HRC) prices may decrease by about 7% in line with global trends, especially as the construction sector remains subdued across developed markets.

Regional and Global Demand Factors

• India’s demand is expected to grow at an above-average rate, propelled by large-scale infrastructure projects and industrial expansion. This may help stabilize Raipur's steel market somewhat against the global downtrend, yet price increases will likely remain modest through 2025.
• Worldwide, increased exports from China, along with continuous production in Eastern Europe, will keep steel prices low. This oversupply scenario is predicted to continue through 2025, with new capacity outpacing growth in global demand.

Market Risks and Influences

• Persistent economic uncertainties, inflation, and fluctuating energy prices will continue to impact steel production costs globally. Additionally, trade restrictions, particularly in the European and U.S. markets, may limit some imports but are not anticipated to significantly alter the overall supply and demand balance.
• Environmental and regulatory measures in major economies could add production costs, potentially influencing price volatility in the short term. Meanwhile, China's property market slowdown may weaken global demand further, impacting overall market health and pricing in early 2025.

How to Procure Steel at Low Prices in Raipur

1. Bulk Purchasing: Dealers offer discounts for bulk purchases, which can reduce costs per ton.
2. Seasonal Timing: Buying post-monsoon or during off-peak seasons can sometimes yield better rates.
3. Direct Sourcing: Purchasing directly from manufacturers or primary distributors in Raipur, such as Tata Tiscon and JSW suppliers, ensures competitive rates and lower intermediary costs.
4. Regular Market Monitoring: Websites that frequently update steel prices enable buyers to gauge optimal buying times.

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

In 2025, steel prices in Raipur are expected to remain low due to global oversupply and slower demand growth, especially in sectors like construction. However, India’s continued infrastructure development may offer modest demand support, with products like steel pipes seeing steady interest. For businesses navigating these market dynamics, platforms like Tata nexarc can provide valuable insights and connections to verified steel suppliers. Tata nexarc supports small to medium enterprises in sourcing high-quality steel products at competitive prices, offering a reliable resource for steel procurement.

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.