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 (30/12/2024): ₹37,311 per MT
TMT Bar Price (Today): ₹38,011per MT (Unchanged)
Billet Price (30/12/2025): ₹39,500 per MT (Stable)
Billet Price (Today): ₹39,900 per MT (Stable)
The Raipur steel market moved upward today, with prices increasing in the range of ₹400–600 per metric tonne. TMT bar prices rose sharply, supported by firm billet rates and improved trading activity.
Buyer sentiment remains active but selective at current levels. While some buyers are advancing purchases to secure material before further increases, others are cautious due to the recent pace of the rise.
The primary reason behind today’s price movement is the continued strength in billet prices, which directly impacts TMT manufacturing costs. With billets moving higher and limited willingness from sellers to offer discounts, the market found support at elevated levels.
In the short-term outlook, the market may see consolidation at higher levels if buying slows. However, as long as billet prices remain firm, any meaningful correction appears limited for now.
Across the Indian steel market, sentiment remains steady. Construction demand is cautious but ongoing, and raw material prices are largely stable. Overall, the market is showing sideways-to-firm movement rather than aggressive volatility.
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