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

In 2025, Jamshedpur continues to be a key hub for steel production in India, with steel prices reflecting both local demand and global market influences. The prices in Jamshedpur are shaped by the region’s robust production capacity, particularly from major players like Tata Steel, but also by wider fluctuations in raw material costs and international market dynamics. As Jamshedpur is a prime location in India's steel industry, steel prices here often serve as an indicator for broader pricing trends in the nation’s industrial and construction sectors.

Steel Price by Product

Category	Product	Grade	Price (₹/MT)
TMT Bars	10 mm TMT Bars	Fe500	₹ 74,500
		Fe550	₹ 76,000
		Fe600	₹ 78,000
	12 mm TMT Bars	Fe500	₹ 74,000
		Fe550	₹ 75,500
		Fe600	₹ 77,500
	16 mm TMT Bars	Fe500	₹ 74,000
		Fe550	₹ 75,200
		Fe600	₹ 77,000
Hot Rolled	HR Coil	Std	₹ 66,500
		ASTM A36	₹ 68,000
		EN 10025	₹ 69,500
Cold Rolled	CR Sheets	Std	₹ 78,000
		IS 513	₹ 79,500
		ASTM A1008	₹ 80,500

These prices, as of November 2024, reflect slight declines from the previous year, owing largely to decreased global demand and increased competition from international suppliers like China. For local buyers, Jamshedpur offers competitive rates, especially in TMT bars and HR coils, essential for construction and manufacturing industries in the region.

Steel Price Monthly Trend for 2024 - 2025

Month	TMT Bars (₹/MT)	HR Coil (₹/MT)	CR Sheets (₹/MT)
January	₹ 76,000	₹ 67,000	₹ 79,000
February	₹ 75,800	₹ 66,800	₹ 78,800
March	₹ 75,500	₹ 66,700	₹ 78,600
April	₹ 75,300	₹ 66,600	₹ 78,400
May	₹ 75,000	₹ 66,500	₹ 78,200
June	₹ 74,800	₹ 66,400	₹ 78,000
July	₹ 74,600	₹ 66,300	₹ 77,800
August	₹ 74,500	₹ 66,200	₹ 77,600
September	₹ 74,500	₹ 66,100	₹ 77,400
October	₹ 74,500	₹ 66,500	₹ 78,000
November	₹ 74,700	₹ 66,800	₹ 78,300
December	₹ 75,000	₹ 67,000	₹ 78,500
January 2025	₹ 75,200	₹ 67,300	₹ 78,800

Over 2024, steel prices in Jamshedpur have shown a steady downward trend, aligning with global projections that anticipate reduced prices through mid-2025 as capacity outpaces demand in many regions.

Steel Price Trend Over the Last 4 Years

Year	Average TMT Bar Price (₹/MT)	Average HR Coil Price (₹/MT)	Average CR Sheets Price (₹/MT)
2021	₹ 73,000	₹ 65,000	₹ 77,000
2022	₹ 75,000	₹ 68,000	₹ 80,000
2023	₹ 76,000	₹ 67,500	₹ 79,500
2024	₹ 75,800	₹ 66,700	₹ 78,600

Steel Price Predictions & Financial Forecasts for Jamshedpur

Global Supply and Demand Impact

• Supply Trends: Global production, especially in Asia, is increasing, leading to surplus capacity and projected downward pressure on prices through 2025.
• Demand Variations: While North America and Europe are seeing declines in steel consumption, demand remains moderately stable in India and Southeast Asia.

Domestic Market Factors

• Input Cost Trends: Lower input costs for coal and iron ore may reduce production expenses; however, persistent inflation in India could offset some benefits.
• Energy Prices: Ongoing fluctuations in energy costs will continue to be a significant factor impacting local steel prices.

Monthly Pricing Outlook

• Expected Price Reductions: Analysts anticipate price reductions of 3-5% over 2025 due to sustained global inventory oversupply.
• Monthly Declines: Prices are projected to dip further into mid-2025 before stabilizing.

Economic and Industry Indicators

• Construction Sector Demand: The global construction recession could further reduce demand, though a moderate recovery is expected by 2025.
• Long-term Price Cycle: Steel prices are likely to hit a low by mid-2025, followed by gradual recovery, in line with historical cycles.

How to Procure Steel at Low Prices in Jamshedpur

1. Direct from Manufacturers: Purchasing directly from major manufacturers, such as Tata Steel, often ensures lower costs, especially for bulk orders.
2. Utilize Government Schemes: Government initiatives may offer discounts or incentives, especially for MSMEs and infrastructure projects.
3. Monitor Market Cycles: Procuring during price dips, typically towards mid-2025, could yield significant savings based on cyclical trends.
4. Local Suppliers and Auctions: Regional suppliers and periodic steel auctions provide competitive pricing options.

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

In 2025, Jamshedpur’s steel prices, including those for steel pipes, are expected to stabilize after initial declines due to global oversupply and moderate demand. Although fluctuations in input costs and energy prices may influence short-term pricing, a projected recovery in construction demand in 2025 could lift prices gradually. For businesses navigating these market shifts, Tata nexarc offers valuable insights and tools, making it easier to secure reliable steel suppliers and optimize procurement. This platform supports businesses aiming to source high-quality steel products like steel pipes effectively and efficiently.

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.