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 (03/1/2026): ₹39,011 per MT
TMT Bar Price (Today): ₹38,511per MT (Unchanged)
Billet Price (03/1/2026): ₹41,800 per MT (Stable)
Billet Price (Today): ₹41,000 per MT (Stable)
The Raipur steel market remained under pressure today, extending the correction seen over the last few sessions. TMT bar prices slipped by around ₹400–₹500 per metric tonne, tracking the decline in billet prices.
Buyer sentiment at current levels is cautious. Many purchasers are adopting a wait-and-watch approach, expecting further clarity after the recent rally-led resistance. The correction appears largely technical in nature, driven by profit booking and temporary demand moderation rather than any structural weakness.
From a short-term perspective, the market may see consolidation at present levels. If buying interest improves, prices could attempt a recovery in the coming sessions. However, sustained support will depend on billet stability and fresh demand from construction and infrastructure segments.
Across major Indian steel markets, sentiment remains measured. Construction demand is steady but selective, while raw material prices are largely stable. Overall movement in steel prices continues to be sideways to mildly corrective as markets absorb earlier gains.
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