Mild Steel Price ₹50-68K/Tonne Jan 2026

Mild Steel Market Overview

India is the world's second-largest steel producer with an annual crude steel production capacity exceeding 150 million tonnes. The mild steel market in India is driven by infrastructure development, construction activities, automotive manufacturing, and industrial growth.

Mild steel prices are influenced by global iron ore and coking coal prices, domestic demand patterns, and government policies including import duties and anti-dumping measures. Major producers include Steel Authority of India (SAIL), Tata Steel, JSW Steel, and ArcelorMittal Nippon Steel (AMNS).

Factors Affecting Mild Steel Prices

Several factors influence mild steel prices in the Indian market:

Raw Material Costs: Iron ore and coking coal account for 60-70% of steel production cost. Price movements in these commodities directly impact steel prices.
Global Demand: International steel demand, especially from China, affects export opportunities and domestic pricing.
Currency Rates: Since raw materials are imported, USD/INR movements affect production costs.
Infrastructure Projects: Government infrastructure spending drives domestic demand and prices.
Seasonal Demand: Construction activity peaks post-monsoon, typically driving higher prices from October to March.

Types of Mild Steel Products

Common mild steel products available in the Indian market include:

Long Products: TMT bars, wire rods, angles, channels, beams - used in construction and infrastructure.
Flat Products: HR coils, CR coils, plates, sheets - used in automotive, appliances, and manufacturing.
Tubular Products: MS pipes, structural tubes, hollow sections - used in plumbing and structures.
Other Products: Rails, forged products, bright bars - for specialized applications.

Mild Steel FAQs

What's the going rate for mild steel in India right now?

Right now you're looking at ₹50000-68000 per tonne depending on what you're buying. TMT bars run about ₹52-58 per kg while HR coils hover around ₹52-55/kg. CR coils are pricier at ₹58-66/kg. These rates shift weekly based on what the big mills announce.

What can you actually use mild steel for?

Pretty much everything in construction and manufacturing. TMT bars go into RCC work - columns, beams, slabs. HR and CR coils end up in car body panels, appliances, drums. Angles and channels form the skeleton of buildings, warehouses, transmission towers. It's honestly the backbone of Indian industry.

How much are TMT bars costing per kg these days?

Expect to pay ₹50-65 per kg for TMT. Fe 500D grade (the standard for most construction) sits at ₹52-58/kg. If you need Fe 550 for heavier loads it'll cost you ₹55-62/kg. Branded stuff from Tata or JSW typically runs 5-10% more than local mills.

Which steel brand should I go with for my construction project?

For peace of mind stick with the big names - Tata Steel, SAIL, JSW, Jindal, or AMNS. They're all BIS-certified so quality is consistent. Tata Tiscon dominates the TMT market while JSW and SAIL are strong in flat products. Really though pick based on what's available from dealers near your site.

Do steel prices change daily or weekly?

We update prices daily on OfBusiness whenever major mills like SAIL Tata JSW or AMNS announce changes. In practice expect meaningful moves of ₹500-2000 per tonne every week or two. Iron ore costs and demand cycles are the big drivers.

Why has steel gotten so expensive lately?

Few things hitting at once - iron ore and coking coal costs make up 60-70% of production so when those spike everything follows. Government infrastructure push means demand is through the roof. Add in global supply issues and rupee weakness making imports costlier. It all adds up.

How do I get quotes for bulk steel orders?

Simple - head to OfBusiness select your product and quantity then submit an enquiry. You'll hear back from our network of 500+ verified dealers within 24 hours. Orders over 25 tonnes usually get you ₹500-1500 off per tonne plus we handle delivery to your site.

Login Now to Get Free Access to 4,00,000 + Prices

Mild Steel Price Today ₹50000-68000/Tonne | Live Rates Jan 2026

Top Category

Mild Steel Most Viewed Prices

Secondary TMT Fe 50010-25 mm

EX - Bangalore

₹46,500/MT0.65 %4 hours ago

Secondary TMT Fe 50010-25 mm

EX - Jalna

₹44,500/MT0.45 %4 hours ago

Secondary TMT Fe 50010-25 mm

EX - Chennai

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Secondary TMT Fe 50010-25 mm

EX - Raigarh

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Secondary TMT Fe 50010-25 mm

EX - Muzaffarnagar

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Secondary TMT Fe 50010-25 mm

EX - Jaipur

.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}Login To View

Winding wires emerge as key beneficiaries of India's electrification and power infrastructure boom: PhillipCapital

Copper Price Surge Widens Price Difference Between Copper Cathode and Copper Scrap; Supply-Side Point-Price Shipments Increase, Arbitrage Purchases Dominate Transactions [SMM Analysis]

Copper Scrap Market Sees Supply Tightness and High Premiums Amid Regulatory Challenges

Off-Season Combined with Surging Copper Prices Drags Down Orders, Copper Cathode Rod Operating Rate Further Declines [SMM Copper Cathode Rod Weekly Review]

Strong US employment data lifted the dollar, copper prices came under pressure, and LME copper fell nearly 1.7% [SMM Copper Morning Briefing]

[SMM Analysis] Anti-Dumping Duties Hit China’s June Galvanized Steel Exports to South Korea; July Outlook Remains Gloomy

Steel Holds Decline from 1-Month High

Japan sets preliminary AD margins on HDG imports from China and South Korea

Vietnamese steel market continued its positive growth momentum in H1 2026 with stronger domestic demand

NBS: Local Chinese rebar prices up 0.1 percent in mid-July 2026

China's stainless steel exports down 17.77 percent in H1 2026

[SMM Stainless Steel Flash] Indonesia Stainless Steel Prices Rise Again Across the Board by USD30/ton

Brazil's finished steel trade deficit widens in June 2026 as imports rise

Iron Ore Rises After 2-Week Lows

Looking inward may not strengthen India’s steel industry for global competition

Operating rates of galvanizing producers edge down [SMM Galvanizing Weekly Review]

Tangshan announces short-term steel production cuts

[SMM Analysis] China’s Galvanized Steel Exports to South Korea Slumped in June — What’s the Outlook for July?

[SMM Analysis]China's Galvanized Steel Sheet Trade Holds Firm in H1 2026, but H2 Recovery Faces External Headwinds

Steel industry must look for new markets, decarbonise to stay globally competitive: Govt official

Market News

Live News

Iron Ore Rises After 2-Week Lows.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}7.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}5.css-1eamic5{display:inline-block;vertical-align:middle;overflow:hidden;}

OfBusiness App

Mild Steel Market Overview

Factors Affecting Mild Steel Prices

Types of Mild Steel Products

Mild Steel FAQs

Tell Us Your RequirementsBest Rates | Working Capital | Delivery Anywhere

Secondary TMT Fe 500
10-25 mm

₹46,500/MT
0.65 %4 hours ago

Secondary TMT Fe 500
10-25 mm

₹44,500/MT
0.45 %4 hours ago

Secondary TMT Fe 500
10-25 mm

Login To View

Secondary TMT Fe 500
10-25 mm

Login To View

Secondary TMT Fe 500
10-25 mm

Login To View

Secondary TMT Fe 500
10-25 mm

Login To View

Iron Ore Rises After 2-Week Lows
7
5