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 (24/12/2024): ₹35,711 per MT
TMT Bar Price (Today): ₹35,411 per MT (Unchanged)
Billet Price (24/12/2025): ₹38,100 per MT (Stable)
Billet Price (Today): ₹37,700 per MT (Stable)
TMT bar prices in the Raipur steel market are under pressure today, reflecting a clear resistance at higher price levels. After a recent upward movement, the market appears to have formed a short-term top. At current elevated rates, buyer participation has slowed, and fresh material is not moving easily.
The decline in billet prices has added to the cautious sentiment. With raw material prices correcting, buyers are holding back in anticipation of further adjustments. Demand remains selective, focused mainly on need-based purchases rather than stocking.
In the short term, the Raipur steel market may see consolidation or mild correction unless fresh buying support emerges.
Across the Indian steel market, sentiment remains cautious. Construction demand is steady but not aggressive, while raw material prices are showing softening trends. Overall movement is sideways, with buyers closely tracking price stability before committing to volumes.
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