Steel Prices in Kolkata per kg/ton Today (2025)
Steel prices and TMT bar prices in Kolkata have shown a dynamic pattern over the years due to fluctuations in demand and supply, influenced by factors such as raw material costs, manufacturing expenses, and market conditions. Businesses across various sectors, including construction, automotive, and infrastructure, rely heavily on these prices to plan their procurement strategies effectively. In this article, we present a detailed breakdown of steel prices in Kolkata, focusing on monthly trends, historical data, and expert financial predictions of 2025
Steel price by product
Category | Product | Grade | Price (₹/MT) |
TMT Rebars | Fe 500 | Fe 500D | ₹ 56,000 |
Fe 550D | ₹ 56,500 | ||
Fe 600D | ₹ 57,000 | ||
Structural | MS Channels | IS 2062 Grade A | ₹ 54,500 |
IS 2062 Grade B | ₹ 54,800 | ||
Pipes | GI Pipes | Class B | ₹ 58,300 |
Class C | ₹ 58,700 | ||
Sheets | CR Sheets | IS 513 | ₹ 55,200 |
IS 1079 | ₹ 55,600 |
Note: Prices are indicative and gathered from verified sources. Variations may occur based on location and supplier.
Steel price monthly trend for 2024 - 2025
Month | TMT Rebars (₹/MT) | MS Channels (₹/MT) | GI Pipes (₹/MT) | CR Sheets (₹/MT) |
Jan-24 | ₹ 55,950 | ₹ 54,200 | ₹ 58,100 | ₹ 55,000 |
Feb-24 | ₹ 56,400 | ₹ 54,500 | ₹ 58,300 | ₹ 55,300 |
Mar-24 | ₹ 56,800 | ₹ 54,800 | ₹ 58,500 | ₹ 55,600 |
Apr-24 | ₹ 57,100 | ₹ 55,100 | ₹ 58,700 | ₹ 55,800 |
May-24 | ₹ 57,300 | ₹ 55,300 | ₹ 58,900 | ₹ 56,000 |
Jun-24 | ₹ 57,500 | ₹ 55,500 | ₹ 59,100 | ₹ 56,200 |
Jul-24 | ₹ 57,700 | ₹ 55,700 | ₹ 59,300 | ₹ 56,400 |
Aug-24 | ₹ 57,900 | ₹ 55,900 | ₹ 59,500 | ₹ 56,600 |
Sep-24 | ₹ 58,100 | ₹ 56,100 | ₹ 59,700 | ₹ 56,800 |
Oct-24 | ₹ 58,300 | ₹ 56,300 | ₹ 59,900 | ₹ 57,000 |
Nov-24 | ₹ 58,500 | ₹ 56,500 | ₹ 60,100 | ₹ 57,200 |
Dec-24 | ₹ 58,800 | ₹ 56,800 | ₹ 60,400 | ₹ 57,900 |
Jan-25 | ₹ 59,200 | ₹ 57,200 | ₹ 60,800 | ₹ 57,900 |
Steel price last 4-year trend
Year | TMT Rebars (₹/MT) | MS Channels (₹/MT) | GI Pipes (₹/MT) | CR Sheets (₹/MT) |
2021 | ₹ 52,900 | ₹ 50,400 | ₹ 53,900 | ₹ 52,000 |
2022 | ₹ 54,600 | ₹ 52,200 | ₹ 56,000 | ₹ 53,600 |
2023 | ₹ 55,800 | ₹ 53,300 | ₹ 57,400 | ₹ 54,700 |
2024 | ₹ 57,300 | ₹ 55,300 | ₹ 58,900 | ₹ 56,000 |
Steel Price Predictions & Financial Forecasts 2025
Market Trends:
- Growth in Demand: India’s steel demand is projected to grow by 9-10% in FY2025, driven by ongoing infrastructure projects and a strong recovery in the housing and real estate sectors.
- Steel Imports: India turned into a net steel importer in 2024, and imports are expected to rise by 13-14% in FY2025, driven by higher domestic demand and competitive international markets.
Raw Material Impact:
- Coking Coal Prices: A 28% drop in coking coal prices, from $338/MT to $243/MT, has eased production costs for steel manufacturers. This reduction is likely to improve profit margins for steelmakers in the near term.
- Global Price Volatility: International factors, such as China’s slowing economy and trade restrictions, continue to influence the volatility in raw material costs, including iron ore and coking coal.
Global Influences:
- Chinese Exports: China's domestic steel consumption remains stable, but its exports continue to pressure international markets, affecting price dynamics globally. This trend is likely to keep prices competitive in Kolkata.
- Net Importer: India’s steel imports surged by 38.2% in FY2024, and the trend is projected to continue in 2025, making India a net importer for the second consecutive year.
Price Forecast:
- 2025 Prediction: Steel prices are expected to rise by 2-3% in 2025 due to strong domestic demand and a gradual recovery in the global economy.
- 2025 Outlook: Global steel prices may decline slightly by mid-2025, with potential stabilization in late 2025, driven by supply and demand corrections in the global market.
Earnings Outlook:
- Uplift in Profits: Due to lower production costs and stable demand, steel manufacturers are expected to see an earnings uplift of $12-18 per metric ton in FY2025.
- Capacity Expansion: New steel capacity additions of 27.5 million tonnes are expected by 2027, which could further boost production efficiency and availability.
How to Procure Steel at a Low Price in Kolkata
1. Bulk Purchasing: One of the most effective ways to reduce costs is through bulk purchases. Suppliers often offer significant discounts for large orders, which can drive down the overall price per metric ton.
2. Compare Suppliers: Regularly compare prices from multiple suppliers. Local dealers, national distributors, and online platforms may offer different rates based on stock availability and competition. Stay updated with market trends to identify the best deals.
3. Seasonal Timing: Steel prices tend to fluctuate with demand. Off-peak seasons, such as post-monsoon or during lower construction activity, are ideal for securing lower prices due to reduced market demand.
4. Long-Term Contracts: Establishing long-term contracts with reliable suppliers can lock in lower prices, protecting your business from market volatility and price spikes over time.
5. Tata nexarc: Tata nexarc simplifies the procurement process for businesses by connecting buyers with verified steel suppliers. Through their platform, you can access competitive pricing, supplier comparisons, and bulk buying options, making it easier to secure steel at the best possible rates.
Unlock the power of credit to buy quality steel with Tata nexarc
In conclusion, steel prices in Kolkata are shaped by a mix of domestic demand, global market trends, and raw material costs. With growing infrastructure projects and seasonal fluctuations, understanding market timing and supplier dynamics is key to procuring steel at competitive rates. The 2025 outlook suggests moderate price increases, but smart purchasing strategies such as bulk buying and long-term contracts can help mitigate rising costs. Platforms like Tata nexarc streamline this process, offering businesses a reliable way to secure the best prices from verified suppliers while simplifying procurement efforts.
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.
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