TMT Prices Steady Amid Monsoon-Driven Weak Demand

Key Highlights

• Ex-Mumbai: ₹46,500–47,000/t; Ex-Delhi NCR: ₹47,000–47,500/t; Ex-Vizag: ₹44,000–44,500/t.
• Seasonal slowdown and weak demand keep prices steady across regions.
• Shree TMT named among Top 10 Steel Bar & Wire Manufacturers – 2025 by Industry Outlook.
• Demand remains soft; manufacturers limit production to avoid overstocking.

Regional Prices Hold Steady Across Mumbai, Delhi, and Vizag

Prices are as follows :

1. Ex-Mumbai:  Rs. 46500- 47,000/ton 
2. Ex-Delhi NCR: Rs.47,000 - 47,500/ton 
3. Ex-Vizag: Rs. 44,000- 44,500/ ton  

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

Weak Seasonal Demand Keeps Market Under Pressure

• Prices have mostly held steady, mirroring ongoing weakness in the market and the seasonal effects of the monsoon.
• In an effort to manage slow demand, sellers are keeping prices stable to stay competitive. Meanwhile, distributors are maintaining steady inventory levels to ensure continued product availability and minimize any risk of supply chain disruptions.

Shree TMT Among India’s Top 10 Steel Bar Manufacturers

• Marking a significant milestone in its journey of excellence, Shree TMT, one of South India's leading steel brands, has been featured among the Top 10 Steel Bar & Wire Manufacturers - 2025 by Industry Outlook Magazine. 
• The recognition reinforces Shree TMT's growing leadership in the Indian steel industry through innovation, sustainability, and engineering precision.

Market Outlook: Subdued Demand, Controlled Supply, Limited Price Cuts

• As demand remains weak, producers are offering larger, more targeted price reductions. However, if this subdued demand continues, the scope for further price cuts may diminish. So far, major manufacturers have not adjusted their prices. The slowdown is visible in both primary and secondary markets, highlighting a widespread drop in buying activity and growing consumer caution.
• On the supply side, conditions are stable. Distributors have sufficient stock to meet current needs, with no immediate issues related to shortages or logistics. At the same time, manufacturers are seeing fewer new orders and are reducing production to match the lower demand. This strategy helps avoid overstocking and supports smooth operational flow.