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 (26/12/2024): ₹35,411 per MT
TMT Bar Price (Today): ₹35,811 per MT (Unchanged)
Billet Price (26/12/2025): ₹37,700 per MT (Stable)
Billet Price (Today): ₹38,000 per MT (Stable)
The Raipur steel market moved upward today, supported by a clear recovery in prices. TMT bar rates increased by ₹400 per MT, while billet prices also strengthened, indicating improved support from the raw material side.
Buyer sentiment remained measured through most of the day, but demand picked up sharply after 5 pm. This late-session buying helped absorb available material and reinforced market confidence at current levels. The recent correction had created room for buyers to re-enter, and today’s activity suggests that demand is responding to more realistic pricing.
The current trend reflects a better demand-supply balance rather than speculative buying. In the short term, the market is likely to consolidate at these levels, with limited downside unless demand weakens again. Any further movement will depend on sustained billet stability and follow-through buying.
Across India, steel markets remain cautious but stable. Construction demand is selective, raw material costs are steady, and most regions are witnessing sideways movement with brief recovery phases driven by local demand.
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