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.

Today’s Steel Rates – Raipur

• TMT Bar Price (02/1/2026): ₹39,511 per MT

• TMT Bar Price (Today): ₹39,011per MT (Unchanged)

• Billet Price (02/1/2026): ₹42,000 per MT (Stable)

• Billet Price (Today): ₹41,800 per MT (Stable)

Market Situation and Short-Term Outlook

The Raipur steel market witnessed a clear corrective move today. TMT bar prices came under pressure, declining by around ₹500 per MT compared to the previous session. Billet prices also softened by nearly ₹200 per MT.

This correction follows a strong rally of approximately ₹7,000 per MT seen in recent weeks. After such a sharp upward movement, resistance at higher levels triggered profit booking across the market. Buyer sentiment turned cautious, with limited fresh buying observed as traders waited for price stability.

At current levels, demand remains selective rather than aggressive. Many buyers are monitoring whether prices hold at these levels or correct further before committing to volumes.

In the short term, the market is likely to remain range-bound. Further consolidation is expected as participants assess demand sustainability and resistance levels after the recent rally.

Broader Market Context

Across major Indian steel markets, sentiment remains cautious. Construction demand is steady but not accelerating, while raw material costs are largely stable. This has resulted in sideways to corrective price movement in several regional markets, including Raipur.

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Vishwa Geeta Ispat

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For daily TMT bar price updates, bulk buying support, and reliable steel supply from the Raipur market, connect with Vishwa Geeta Ispat.
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