Secondary TMT
Secondary TMT is produced through the electric arc (EA) and induction furnace (IF) route steel which melts scrap and sponge iron. The molten metal is cast into ...
Secondary TMT (Fe 500) 10-25 mm in Goa
₹46,500/MT
0%
9 hours ago
Pan India Delivery
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The average price last month was ₹47,000! Get price drop Insights!
Brand
BAHUBALI GOLD
BHAGWATI
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View MoreDaily Market Report
View MoreDaily Market Report
Primary TMT Prices Hold Steady; Market Awaits Budget Impact
Primary TMT prices remain stable across major regions, with demand holding steady as January ends. Inventory shortages are expected to ease as new material arrives, balancing supply and demand. Market experts predict a potential price rise in February due to increased infrastructure spending and higher import levies on Chinese steel.
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Primary TMT Prices Stable Ahead of Union Budget; February May Bring a Spike
Primary TMT prices remain stable across Mumbai, Delhi NCR, and Vizag. While the current demand and supply are balanced, experts predict a price spike in February, driven by infrastructure-focused budget announcements and reduced Chinese steel imports. India’s steel industry, crucial for GDP growth, faces challenges in meeting ambitious 2030 targets.
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Primary TMT Market Sees Rising Demand and Potential Price Hike
Primary TMT prices remain steady across Mumbai, Delhi NCR, and Vizag, with rising demand suggesting possible price hikes next month. Material shortages are expected to resolve soon. Meanwhile, Union Minister Nitin Gadkari criticized steel cartels for hampering infrastructure development and promotes fibre-reinforced plastic (FRP) as a cost-efficient alternative.
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