MS Billets Price 100x100 mm in Chennai

Mild Steel (MS) billets are semi-finished steel products, primarily used as raw materials for making long and flat steel products such as TMT bars, wire rods, angles, and channels. Manufactured through continuous casting or ingot casting, MS billets act as the backbone of many manufacturing and construction operations in India. They are popular because of their strength, weldability, and machinability, which makes them a widely preferred intermediate product in the steel supply chain.

If you are in construction, infrastructure, re-rolling mills, or manufacturing, MS billets are essential for producing strong, reliable, and uniform steel components.

Key Properties of MS Billets

• High Strength – Suitable for heavy-duty structural applications.
• Good Weldability – Can be easily joined through various welding processes.
• Uniform Composition – Ensures consistent quality in finished products.
• Machinability – Can be further shaped, rolled, or forged with precision.
• Versatility – Adaptable to a wide range of downstream steel products.

Industrial Applications of MS Billets

1. Re-Rolling Mills: Used as feedstock to produce finished steel items like TMT bars, flats, angles, and channels.

2. Forging Units: Ideal for forging into automotive components, shafts, and hardware items.

3. Construction Sector: Indirectly used in buildings, bridges, and infrastructure through its conversion into long products.

4. Engineering Industry: Used to make machine parts, tools, and fasteners after processing.

5. Foundries and Fabricators: Preferred where high purity and clean internal structure are needed for reprocessing.

MS Billets Market Trends and Supply Chain

The majority of billets are melted into TMT rebars by rolling mills in Raipur, Durgapur, Jalna, and Chennai. So, demand closely follows infrastructure and real estate activity.

Billet pricing is sensitive to input cost volatility, particularly iron ore, sponge iron, and imported scrap. Price disparities across different markets are because of factors such as transportation costs, local demand, and availability. For example, Delhi reports higher prices compared to other regions, possibly due to increased demand and logistical considerations.

India's steel demand is anticipated to grow by 8–9% in 2025, driven by infrastructure development and housing projects. This growth trajectory is expected to support stable or increasing MS billet price in the near term. Rural demand supports secondary billet producers, while metro projects and high-rise developments depend on prime-grade billets. India has also seen rising billet exports in April 2025 to Nepal and Bangladesh, especially from the Odisha and Vizag ports.

There is an increasing preference towards continuously cast billets nowadays for better quality control. Plus, more billets are now being made using electric induction furnace (EIF) and arc furnace in the secondary steel segment.

MS Billets Prices

​​As of April 2025, MS billet price in India show regional variations influenced by local demand, supply dynamics, and transportation costs.

Till January 2025, billet prices recorded decline across locations like Raipur. This marginal drop was because of subdued demand in the semi-finished steel segment, despite stable prices in finished steel products like rebar and wire rods. However, prices bounced back after the turn of the year with increased construction activity.

Latest MS Billets Prices Across Locations

MS Billets Historical Prices

Prices usually move in sync with sponge iron, scrap, and finished steel including secondary and primary TMT prices. Global scrap market trends impact billet pricing in India.

Earlier, in November 2023, local billet prices in India experienced a downward trend, with ex-Mumbai prices dropping to ₹43,500 per metric ton and ex-Raipur prices to ₹41,650 per metric ton. Despite this, export quotations remained relatively stable, with some deals done at discounted rates to stimulate buying activity.

MS Billets Historical Price Data

MS Billets Rates Today 

MS billet price today are anywhere between ₹40,000 to ₹46,000 per metric ton depending on size, grade, and location.

Rates of MS Billets today are driven by real-time iron scrap and sponge iron rates, demand from rolling mills and construction-linked sectors, logistics costs in different states, and availability of power and production schedules in secondary units.

MS Billets Price Forecast 

The Indian MS billet market is navigating through a phase of cautious optimism. While domestic demand shows signs of stabilization, export markets remain sensitive to global price movements and competition. Stakeholders are closely monitoring these trends to make informed decisions in the coming months.

Based on market analysis:

• Prices may firm up if finished product demand rises (TMT, angles, etc.).
• Scrap price fluctuations will directly impact billet rates.
• Any increase in export opportunities or raw material cost will push prices up.
• Seasonal dips possible during monsoons when construction slows.

Factors that Influence MS Billets Prices in India

• Raw Material Costs – Sponge iron, scrap, and electricity form the bulk of production cost.
• Demand from Rolling Mills – More demand for finished products increases billet orders.
• Fuel and Power Prices – Electricity rates have a big impact, especially for secondary players.
• Availability of Inputs – Shortages in iron ore or scrap can lead to billet shortages.
• Policy and Import Trends – Duty changes or import restrictions can affect domestic billet pricing.

Get the Best MS Billets Prices Today on Nexizo

If you’re buying MS billets, Nexizo makes it less of a headache. With Nexizo, finding the right MS billet deal is simple and fast. You can:

• View updated MS billets prices from primary and secondary producers.
• Compare offers based on size, quality, and region.
• Place quote requests for bulk deals with flexible payment and delivery options.
• Track daily billet rates and get the best deals—all in one place.

At Nexizo, you can also find latest tenders that require MS billets. Some big ones out there are by South Central Railway, which has a ₹424.09 Cr EPC tender in Akola, Maharashtra, and another one for ₹296.04 Cr in Mahabub Nagar, Telangana. Airports Authority of India also has a ₹467.67 Cr tender for a new greenfield airport at Bundi, Rajasthan. You can check these and more directly through Nexizo.

Visit Nexizo and start sourcing smart.