Here is the latest steel price update from the Raipur market, covering TMT bars, billets, and ingots. This article is updated with current market data for buyers searching for TMT price today, sariya ka bhav, or Raipur steel rates.
TMT Bar Price (23/12/2024): ₹35,811 per MT
TMT Bar Price (Today): ₹35,711 per MT (Unchanged)
Billet Price (23/12/2025): ₹38,300 per MT (Stable)
Billet Price (Today): ₹38,200 per MT (Stable)
The Raipur steel market is currently under mild pressure, with a marginal correction seen in both TMT bars and billets. After a sharp rise in prices last week, buyers are showing resistance at higher levels, leading to slower buying activity.
At present rates, market participation remains selective, especially from traders and small fabricators. The slight decline indicates a pause after the recent upward movement, rather than a strong bearish trend. Demand and supply appear largely balanced, keeping volatility in check.
In the short term, the market is expected to consolidate, with a possibility of limited correction if buying sentiment does not improve. Fresh direction is likely to emerge once demand strengthens or inventory positions adjust.
Across the Indian steel market, sentiment remains cautious. Construction demand is steady but not aggressive, while raw material prices are relatively stable. Most regional markets are witnessing sideways movement as participants wait for clearer demand signals.
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