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Mandi Gobindgarh is an industrial town in Punjab, often referred to as the ‘loha mandi’ or steel city of Punjab. One of the oldest steel manufacturing towns in India, Mandi Gobindgarh has a rich history in metalwork and steelmaking, dating back to pre-independence times. Today, along with Ludhiana, the towns have emerged as major steel production hubs in Punjab. Mandi Gobindgarh remains a popular spot for buying iron and steel.
We’ll take a look at Mandi Gobindgarh rates today for steel, iron, steel scrap and more.
Mandi Gobindgarh rates today
Let us take a look at the Mandi Gobindgarh steel price today by kg/ton.
Mandi Gobindgarh steel rate per kg/ton (Updated on 25th July 2025)
| Steel Type | Price per Tonne (₹) |
|---|---|
| MS Ingot | ₹40,300 – ₹40,500 |
| MS Billet | ₹40,300 – ₹41,300 |
| MS TMT Bar (Fe500/Fe550) | ₹45,100 – ₹45,200 |
| MS Round / MS Angle | ₹44,200 – ₹45,300 |
| Cast Iron Sponge | ₹29,200 – ₹29,400 |
| CRC Scrap | ₹36,000 – ₹36,400 |
| Old Scrap | ₹28,700 – ₹29,200 |
| Melting Scrap | ₹32,300 – ₹32,800 |
| End Cutting Scrap | ₹35,400 – ₹35,500 |
| Rail Cutting Scrap | ₹37,200 – ₹38,300 |
*Prices are indicative and subject to change. Prices are updated on July 2025. Price does not include GST, transport and freight. Rates listed are for information. Buyers to check with the seller for final price.
Mandi Gobindgarh is known for its diverse range of iron and steel metal availability, strengthening its position as a key player in the Indian steel industry. Popular steel types available at Mandi Gobindgarh include:
- Mild steel (MS) – Has low carbon content and is widely used in construction, automobile, and manufacturing due to its durability, strength and malleability.
- Stainless steel (SS) – Is corrosion resistant and used in medical equipment, kitchenware, architectural structures and more.
- Mild steel ingot – Is a mass of iron cast into a specific shape and serve as the raw material for rolling and forging, or for making steel sheets, bars and structure.
- Steel billet – Functions as raw material to produce TMT bars, steel wires etc. and can be made from carbon steel, stainless steel, mild steel and alloy steel.
Also read: Steel ingot price list
Mandi Gobindgarh steel scrap rate
Steel scrap is steel that’s discarded or recycled steel that can be used to produce new steel products. It may include: industrial scrap, demolition scrap, automotive scrap, tinplate and cans, construction scrap, appliances and household scrap, shipbreaking scrap among others.
Let’s take a look at the Mandi Gobindgarh scrap rate today.
| Scrap Type | Mandi Gobindgarh Steel Scrap Rate per kg (₹) | Mandi Gobindgarh Steel Scrap Rate per Tonne (₹) |
|---|---|---|
| Old Scrap | ₹28.70 – ₹29.20 | ₹28,700 – ₹29,200 |
| Melting Scrap | ₹32.30 – ₹32.80 | ₹32,300 – ₹32,800 |
| End Cutting Scrap | ₹35.40 – ₹35.50 | ₹35,400 – ₹35,500 |
| CRC Scrap | ₹36.00 – ₹36.40 | ₹36,000 – ₹36,400 |
| HMS Scrap | ₹36.50 – ₹37.30 | ₹36,500 – ₹37,300 |
| Rail Cutting Scrap* | ₹37.20 – ₹38.30 (est.) | ₹37,200 – ₹38,300 (est.) |
*Prices are indicative. GST, freight, and seller terms extra.
Rail cutting scrap values are estimated based on premium HMS scrap trends and local quotes.
India has a well-defined steel scrap recycling policy as recycling reduces the need for fresh iron ore and conserves energy. It is environmentally sustainable and makes steel production more cost-effective.
Also read: Steel scrap – Check steel scrap rate in India today
Steel ingot price rate Mandi Gobindgarh
Steel ingots are commonly used in the manufacturing and construction sectors, owing to its durability and versatility. Some of the common applications include:
- Construction i.e., to create structural components such as beams, columns, rebars
- Automotive parts, such as, chassis, frames, body panels, engine components
- Energy sector to construct pipelines, storage tanks, other equipment
- Consumer goods such as cutlery, tools, kitchen appliances
- Infrastructure projects such as dams, bridges, power transmission towers, tunnels
- Railways to manufacture locomotive components, railway tracks
We take a look at Mandi Gobindgarh steel ingot rate today and also its price in other Indian cities.
MS ingot rate in Mandi Gobindgarh and other cities
| City | Rate per kg (₹) | Rate per Tonne (₹) |
|---|---|---|
| Mandi Gobindgarh | ₹40.30 – ₹40.50 | ₹40,300 – ₹40,500 |
| Ludhiana | ₹41.90 – ₹42.10 | ₹41,900 – ₹42,100 |
| Ahmedabad | ₹40.60 – ₹40.90 | ₹40,600 – ₹40,900 |
| Kolkata | ₹39.50 – ₹39.90 | ₹39,500 – ₹39,900 |
| Mumbai | ₹40.00 – ₹40.30 | ₹40,000 – ₹40,300 |
*Prices are indicative and subject to change. Check the final price with your seller. Price does not include GST, transport and freight. Pricelist for information only. Price differs by manufacturer/seller.
Also read: Steel price in Mumbai and Pune
Mandi Gobindgarh MS Billet rates
Mild steel billets or MS billets are semi-finished steel products produced through a casting process. They are used across several industries, namely:
- Construction sector for making reinforcing bars, beams and columns
- Forging process for shaping into automotive components, tools, industrial equipment
- Agriculture sector for farm machinery and equipment such as plows, harrows and tractor parts
- Manufacturing for making products such as gears, shafts, axles, fasteners
- Pipe and tubes for water supply, oil and gas transportation, structural support
We take a look at Mandi Gobindgarh steel billet rates today and also how MS billets are priced in other popular Indian cities.
MS billet rate in Mandi Gobindgarh and other cities
| City | Rate per kg (₹) | Rate per Tonne (₹) |
|---|---|---|
| Mandi Gobindgarh | ₹40.30 – ₹41.30 | ₹40,300 – ₹41,300 |
| Ludhiana | ₹41.60 – ₹42.00 | ₹41,600 – ₹42,000 |
| Chennai | ₹41.80 – ₹42.10 | ₹41,800 – ₹42,100 |
| Kolkata | ₹40.20 – ₹40.60 | ₹40,200 – ₹40,600 |
| Mumbai | ₹41.50 – ₹41.90 | ₹41,500 – ₹41,900 |
*Prices are indicative and subject to change. Check the final price with your seller. Price does not include GST, transport and freight. Pricelist for information only. Price differs by manufacturer/seller.
Also read: MS sheet price per kg in Mumbai, Delhi, Bangalore
Mandi Gobindgarh iron rate
Mandi Gobindgarh is known for its robust iron industry. The offered Mandi Gobindgarh iron rate today is often affordable, making it a preferred destination for many to buy iron and steel products from here.
(Also read: Iron rods – Prices, uses, manufacturing process)
Let’s take a look at the price list of iron at Mandi Gobindgarh and other popular cities.
Mandi Gobindgarh iron rate per kg/ton
| City | Rate per kg (₹) | Rate per Tonne (₹) |
|---|---|---|
| Mandi Gobindgarh | ₹32.30 – ₹35.30 | ₹32,300 – ₹35,300 |
| Ludhiana | ₹35.70 – ₹36.90 | ₹35,700 – ₹36,900 |
| Chennai | ₹31.80 – ₹32.10 | ₹31,800 – ₹32,100 |
| Kolkata | ₹33.70 – ₹35.50 | ₹33,700 – ₹35,500 |
| Mumbai | ₹33.00 – ₹33.30 | ₹33,000 – ₹33,300 |
Also read: Difference between iron vs steel
Mandi Gobindgarh and the steel sector in India
In a report by SteelMint it is estimated that Punjab produces over 5.5 million tonnes of steel annually. And it comes primarily from the Mandi-Gobindgarh and Ludhiana belts.
Scrap is easily available in the region and steel production in Punjab is done mainly by melting scrap. Not surprisingly, Mandi Gobindgarh rates today are affordable for most businesses.
Some large businesses also import scrap mainly from the Middle East and Europe because of higher yield. Some of the popular large steel producers in Mandi Gobindgarh producing over 1.5 MT of steel are: Madhav Group, Jogindra Group, Bansal Group, among others.
However, the region is not without its challenges that’s impacting daily steel price. Common challenges include – rising tariffs on power, GST on steel, expansion plans, cash availability and more.
Conclusion
If you’re in the business of buying or selling steel, Mandi Gobindgarh still tells you where the market’s heading. Prices haven’t moved much this week, but scrap is seeing small dips and that could change depending on yard flow and rolling demand. Billets and ingots are stable for now, but it’s worth checking with your supplier before locking in orders.
Rates here shift fast. Best to get a daily quote, especially if you’re buying in bulk. If you need help connecting with sellers or checking stock, reach out to the Tata nexarc team. They’ll help you get what you need without wasting time.
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FAQs
How often are steel prices updated in Mandi Gobindgarh?
Are the listed rates inclusive of GST and freight charges?
Can small buyers or retailers buy directly from Mandi Gobindgarh?
Why is Mandi Gobindgarh considered a price benchmark?
Due to its dense cluster of mills and traders, Gobindgarh influences secondary steel pricing across northern India
What factors cause sudden changes in steel scrap rates?
How can I verify steel quality when buying from this market?
Are credit facilities available for steel buyers in Gobindgarh?
What’s the difference between ex-yard and landed steel prices?
Which months usually have the lowest steel rates in Mandi Gobindgarh?
Are there digital platforms to monitor Mandi Gobindgarh rates in real-time?
Sohini is a seasoned content writer with 12 years’ experience in developing marketing and business content across multiple formats. At Tata nexarc, she leverages her skills in crafting curated content on the Indian MSME sector, steel procurement, and logistics. In her personal time, she enjoys reading fiction and being up-to-date on trends in digital marketing and the Indian business ecosystem.
But prices don’t include GST, transport etc. Can you elaborate on these additional costs? If I were to purchase 10 tons of MS Ingot, what would be a realistic estimate for GST, transportation from Mandi Gobindgarh to Gandhinagar, and any other potential fees?
For 10 tons of MS Ingot shipped from Mandi Gobindgarh to Gandhinagar, expect additional costs of 18% GST, ₹50,000-₹70,000 for transport, and ₹5,000-₹10,000 for other fees.
Does Mandi Gobigarh only focus on sale of steel scrap, ingots and billet? If yes, are there any other places like this for wholesale of construction items like TMT, rebar etc.?
No, Mandi Gobindgarh is not just for steel scrap, ingots, and billets. While it’s a major hub for those, you can also find TMT bars, rebars, and other construction steel there.
If you’re looking for other wholesale hubs for construction materials, Raipur and Durgapur are good options.
Thanks. Didn’t know Raipur and Durgapur also had wholesale markets. Are the rates there comparable to Gobindgarh?
We see MS Ingot and Billet were also around ₹40,500/tonne, useful confirmation for budgeting raw material purchases this month.