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 ...



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BAHUBALI GOLD
BHAGWATI
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Primary TMT Prices Jump Across India – Supply Woes Continue
Primary TMT prices have increased sharply across major markets due to supply shortages and distributor-led hikes. Prices in Mumbai, Delhi NCR, and Vizag have surged, with expectations of further increases. Global trade tensions, including US tariffs and rising Chinese imports, are adding pressure to the Indian steel industry. The market remains volatile, with demand still strong despite higher prices.
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Primary TMT Prices Rise Sharply as Market Remains Unstable Amid Supply Shortages
Primary TMT prices have increased sharply across key markets, with distributors increasing rates due to persistent material shortages. Prices now stand at Rs 55,500-56,000/mt in Mumbai and Delhi NCR, and Rs 53,000-53,500/mt in Vizag. The market remains volatile, with expectations of further price hikes. Experts predict continued price increases in March due to supply constraints.
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Primary TMT Prices Rise Amidst Supply Shortage and Expected Import Duty Increase
Primary TMT prices have surged by Rs 1,000-1,500/MT due to supply constraints and rising demand. Distributors across North, West, and South India have adjusted their pricing, with scarcity expected to persist throughout March. With the government considering higher import duties on steel, further price hikes are anticipated in the coming days.
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Secondary TMT FAQs
Is secondary TMT cheaper than primary TMT in India?
Is secondary TMT approved for government projects?
What are the grades of secondary TMT?
Can I track my order if I place order through Nexizo?
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