Galvanized iron (GI) coils are widely used in construction, roofing, automotive, and manufacturing industries due to their superior corrosion resistance and dur...



Get Quotes for Bulk Deals!
GI Coil, or Galvanized Iron Coil, is a cold-rolled steel coil that has been coated with a layer of zinc to give it corrosion resistance. These coils are used where there's a need for durability, long life, and exposure to harsh weather or moisture. Because of their protective zinc layer, GI coils don’t rust easily, making them highly suitable for roofing, wall panels, ducting, and electrical applications. Used in both industrial and consumer goods, GI coils combine strength with aesthetics and are easy to process into sheets, strips, or fabricated parts.
Key Properties of GI Coil
- Corrosion Resistance: Zinc coating protects the base metal from rust and oxidation.
- Formability: Can be easily bent, cut, or stamped for various applications.
- Shiny Finish: Often used where appearance matters, like in consumer-facing products.
- Good Paintability: Can be coated or painted as needed.
- Extended Lifespan: Performs very well in both indoor and outdoor environments.
Industrial Applications of GI Coil
1. Construction
Used in roofing sheets, wall cladding, and pre-fabricated structures due to its weather-resistant properties.
2. HVAC and Ducting Systems
Ideal for air ventilation systems, especially in commercial and industrial buildings.
3. Automotive Industry
Used for inner body panels and parts that need rust protection without high cost.
4. Appliances and White Goods
Used in washing machine bodies, refrigerator panels, and microwave casings.
5. Electrical Panels and Enclosures
Quite popular in control panel boxes, junction boxes, and cable trays.
GI Coil Market Trends and Supply Chain
GI coils are quite integral to India's construction, automotive, and appliance sectors, owing to their corrosion resistance and durability. The global galvanized steel coil market for building materials was valued at approximately USD 32.6 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.3% from 2025 to 2035. Asia-Pacific, including India, contributes about 35% to this market because of their rapid urbanization and infrastructure development.
India's steel demand is expected to grow by 8-9% in 2025, fueled by construction activities and industries such as engineering and packaging. This surge in demand is anticipated to positively impact the GI coil market.
Prominent manufacturers in the Indian GI coil market include JSW Steel Ltd, Tata Steel Group, and Essar Steel. They are all focusing on expanding their product portfolios and improving production capacities to meet the growing demand.
GI Coil Prices
GI coil prices vary across locations and timing. It depends on different things like how thick the zinc layer is (like 120 GSM or 275 GSM), and what kind of steel was used before it was coated. Also, raw material availability affects the price, like whether CRC or HRC is available. Zinc prices globally also change, and that has a direct effect.
Latest GI Coil Prices Across Locations
Brand & Grade | Location | Price (in Rs/MT) | Updated on |
Primary IS277 80 GSM | Faridabad | 62,500 | 22/04/2025 |
Primary IS277 80 GSM | Bangalore | 64,000 | 22/04/2025 |
Primary IS277 80 GSM | Chennai | 65,000 | 22/04/2025 |
Primary IS277 80 GSM | Delhi | 62,500 | 22/04/2025 |
Primary IS277 80 GSM | Gurugram | 62,500 | 22/04/2025 |
GI Coil Historical Prices
Prices tend to follow the trends of CRC and global zinc rates. In recent years, price spikes were seen because of rising zinc costs and global shipping delays. Seasonal demand in real estate and infrastructure also affects buying cycles.
GI Coil Historical Price Data
Month | Price (in Rs/MT) |
Apr 2025 | 62,500 |
Mar 2025 | 60,000 |
Feb 2025 | 56,500 |
Jan 2025 | 59,000 |
GI Coil Rates Today
Today’s GI coil rates are based on:
- Zinc price on the London Metal Exchange (LME)
- Thickness, width, and GSM of the coil
- Buyer location and order volume
- Stock levels held by local suppliers and mills
In India, the price of GI coils has experienced fluctuations. For instance, prices were around ₹59,000 per MT in January 2025, decreasing to ₹62,500 per MT by April 2025. Retail prices even vary based on specifications and suppliers. For example, GI coils ranging from 0.80 mm to 1.50 mm thickness are today priced at approximately ₹62,500 per MT.
GI Coil Price Forecast
The Indian GI coil market is up for significant growth, supported by infrastructure development, urbanization, and government initiatives like 'Make in India.' However, challenges such as fluctuating raw material prices and competition from imports may influence market dynamics.
Upcoming price trends suggest possible volatility depending on LME zinc price movement, continued strong demand from roofing and infrastructure sectors, and potential price firming if raw material costs rise or exports increase.
Factors that Influence GI Coil Prices in India
- Global Zinc Prices – Zinc is a primary cost component, tracked through the LME.
- Base Coil Prices – CRC or HRC price changes directly affect GI coil pricing.
- Demand in Rural and Urban Construction – Peak season demand drives bulk orders.
- Import-Export Policy – Duties and logistics affect landed cost.
- Weather and Seasonal Activity – Construction uptick post-monsoon can raise prices.
Get the Best GI Coil Prices Today on Nexizo
If you want the best price for GI coils, Nexizo can help. With Nexizo, you get more than just rates. Our platform gives you real-time, verified GI coil prices tailored to your needs. You can search based on GSM, thickness, brands, or whatever you need. You can compare rates from different places, set up alerts, or get quotes if you’re buying in bulk.
Nexizo lets you compare prices for both prime and secondary GI coil options, and also gives details like MOQ (minimum order quantity), delivery options, and more. Delivery is possible in Bangalore, Delhi, Chennai, and other cities. If you’re a registered business buying in large amounts, you might even get credit support.
Nexizo also helps you stay updated with tenders requiring GI coils. For example, there are tenders from South Central Railway in Andhra Pradesh that include GI coil scrap parts and steel cut items. These tenders usually include details like where to deliver, what kind of materials are included (scrap parts, MS flats, valves, etc.), and special instructions for bidders. These show that GI coils and related materials are still in demand in big public projects.
Check Nexizo to get verified quotes and supply availability from across India.