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 (29/12/2024): ₹37,500 per MT
TMT Bar Price (Today): ₹37,311per MT (Unchanged)
Billet Price (29/12/2025): ₹39,700 per MT (Stable)
Billet Price (Today): ₹39,500 per MT (Stable)
The Raipur steel market remained largely stable today with mild downward pressure on prices. TMT bar rates corrected by ₹200/MT compared to the previous trading session, while billet prices softened by a similar margin.
Buyer sentiment at current levels is cautious. Most market participants are observing price movements closely rather than building fresh inventory. After the recent upward movement seen in earlier sessions, resistance at higher levels has limited aggressive buying.
The present trend reflects a balance between steady supply and measured demand. With billets easing slightly, rolling margins are under watch, keeping finished steel prices under controlled pressure.
In the short term, the market is expected to move in a narrow range. Consolidation is likely unless supported by a clear pickup in demand or a firm reversal in raw material prices.
Across the Indian steel market, sentiment remains neutral to cautious. Construction demand is steady but selective, while raw material costs are largely stable. Overall movement continues to be sideways, with regional markets reacting to local demand dynamics.
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