TMT Bar Prices Edge Up on Festive Demand and Post-Monsoon Recovery

Key Highlights

• Price Range: Ex-Mumbai ₹46,750–47,250/t; Ex-Delhi ₹47,500–48,000/t; Ex-Vizag ₹44,500–45,000/t.
• Demand: Seasonal recovery and improved liquidity spurred mild price increases.
• Policy Update: Temporary relief from BIS certification rules eases imports.
• Sustainability Push: Green steel classification and eco-certified production gain traction.

TMT Prices Inch Up Amid Post-Monsoon Demand Recovery

• Ex-Mumbai:  Rs. 46750 - 47,250/ton 
• Ex-Delhi NCR: Rs. 47,500 - 48,000/ton 
• Ex-Vizag: Rs. 44,500 - 45,000/ ton  

Note - Distributors across the North, West, and South regions have largely maintained stable pricing. The above pricing is based on this consistency.

Demand & Supply: Primary Mills Announce Price Hike for October

• Prices have seen a slight uptick, reflecting a modest recovery in demand and the seasonal shift following the end of the monsoon.
• With market activity gradually picking up, sellers have begun adjusting prices upward to reflect improved buying interest. Distributors are also maintaining adequate inventory levels to meet rising demand while ensuring stability across the supply chain

Market News: Government Relaxes BIS Rules, Easing Supply Constraints

• The Steel Ministry has given the industry a temporary reprieve from stringent BIS certification rules that required both finished steel products and raw materials to be BIS certified. This could ease operational constraints in steel / TMT imports and production.
• On 7 October 2025, BigMint reported that Indian primary steel mills hiked rebar/TMT bar prices by up to INR 1,000/tonne for early‑October deliveries compared to late September. 
• India’s steel and TMT sector continues to make significant strides both in sustainability and infrastructure. Shree TMT, already known for its eco-conscious leadership, has added another feather to its cap with the 2025 Great Place To Work™ certification, recognizing its strong workplace culture. 
• This comes shortly after the brand received the 5-Star Rating Green Steel Certificate from NISST and the GreenPro Ecolabel—solidifying its position as a responsible and future-forward steel manufacturer.
• Meanwhile, the government has introduced a new national formula for classifying green steel, defining clear emission-based standards. Under this framework, steel products emitting less than 2.2 tCO₂/ton qualify as “green,” and those below 1.6 tCO₂/ton can achieve a prestigious 5-star green rating.
• This move is expected to transform procurement policies and manufacturing priorities in the sector, with public infrastructure projects now looking to source only from certified green steel producers.
• In the private sector, ARS Steel made headlines by rolling out ultra-low emission TMT bars for a new eco-conscious facility in Bhubaneswar, reportedly achieving an industry-leading emission rate of just 0.59 tCO₂/ton. Similarly, Blue Gold Steel Industries was recently named Emerging TMT Bar Manufacturer of the Year at the Karnataka Business Awards 2025 for its quality-driven approach and innovation.
• On the investment front, Gujarat-based VMS TMT successfully debuted on the Indian stock exchanges with a ~6% premium over its IPO price, reflecting rising investor confidence in regional steel players. Meanwhile, the government has launched a probe into increasing steel imports, particularly from China, and is considering a safeguard duty to protect local manufacturers from dumping and unfair trade practices.

Green Steel Initiatives and New Investments Drive Industry Optimism

• With demand gradually picking up—supported by festive season buying and the retreat of the monsoon—producers have begun implementing moderate, targeted price increases. If this upward trend in demand continues, prices may see further gradual firming. So far, major manufacturers have started adjusting prices cautiously, reflecting growing market confidence. The recovery is becoming visible in both primary and secondary markets, indicating a broader uptick in buying activity and improving consumer sentiment.
• On the supply side, conditions remain stable. Distributors are well-stocked to meet current demand, with no immediate concerns around shortages or logistics. Meanwhile, manufacturers are seeing a steady flow of new orders and are gradually increasing production to align with the rising demand. This measured approach ensures balanced inventory levels and supports uninterrupted operations