TMT Demand in 2026:

TMT price today: what moved it, and what it means for next week

TMT price today: what moved it, and what it means for next week

If you track tmt price today and sariya ka bhav daily, you already know one rule: TMT does not move alone. Rebar price today is basically the final output of billet, scrap, conversion cost, freight, and local buying appetite. This week’s action was a clean example of that.

1) TMT change vs last week: price jumped, not drifted

We saw in key markets, the steel rate today for TMT moved up sharply as we head into the end of December. For instance, Raipur’s TMT 12mm price was reported around ₹42,400/MT (29 Dec 2025).
Now if we compare it to the recent weekly base: the same source shows a 7-day average for Raipur TMT 12mm near ₹40,740/MT.

What this really means is: TMT is roughly ₹1,600/MT higher than last week’s average (about a ~4% move). That’s not “noise”. That’s buyers chasing availability and mills protecting spreads.

2) Billet change: the base stayed steady, finished moved faster

The most interesting part is that the Billet price today (Raipur) was around ₹37,700/MT on 29 Dec. The same dataset shows a 7-day average near ₹37,740/MT.

So billet was basically flat week-on-week, while TMT jumped. That usually signals one of two things:

  • rolling mills were working through higher-cost inputs bought earlier (scrap/ingot cycles),

  • finished demand tightened and mills gained pricing power for TMT bar price today beyond what billets alone justified.

3) Scrap trend: global and domestic signals stayed firm

On the global side, the LME Steel Scrap CFR India (Platts) marker was around $344.50 (31 Dec 2025), essentially steady on the day.
On the domestic side, BigMint’s scrap commentary around late December pointed to incremental gains in scrap indices, aligning with firmer finished prices.

For buyers, the takeaway is simple: when scrap price today doesn’t cool off, TMT sellers rarely discount aggressively.

 

4) Freight and delivery cost: diesel pressure is back in the conversation

Freight is the silent multiplier in steel rate today, especially for inter-city supply. Reports noted diesel prices inching up again in December 2025, squeezing fleet margins.

Even small diesel moves can tighten delivered pricing for rebar price today at the stockyard level, because steel is high tonnage and freight-sensitive.

5) Local demand: construction + government works keep the floor strong

Demand isn’t only “real estate”. In Raipur and similar markets, ongoing urban infra activity keeps baseline consumption alive. Recent reporting highlighted significant urban development allocations in Chhattisgarh with multiple projects underway.
Also, broader freight movement for steel has been supportive, with railways reporting higher freight loading in categories including finished steel/pig iron.

What it means for next week

  • If billet stays stable but scrap and freight stay firm, tmt price today typically holds with a slight upward bias.

  • Any fresh policy tailwind can add support. India’s move to impose a multi-year safeguard duty on select steel imports increases the odds of domestic price stability.

  • Buyers should watch: billet price today, scrap price today, and local tender flow. If tenders convert into dispatches, sariya ka bhav usually remains tight.



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