Table of Contents
In these volatile market conditions, one of the problems that the Indian steel industry is the fluctuating market. Additionally, steel prices fluctuate constantly. It creates confusion amongst buyers. Additionally, prices change city-wise.
According to a report, steel prices were dropping since a month ago indicating weak demand in India. As per the latest report, increasing prices in China and global iron prices have brought fresh enthusiasm to the Indian steel industry. (Source: The Hindu Business Line, Business Standard)
What are the steel prices in Mumbai?
Here is a price list for Mumbai. The list below includes prices of cold rolled coils, hot rolled coils, TMT, stainless steel, steel plates, steel pipes, steel angles and steel beams. These prices are specific to Mumbi. However, please note that prices are not indicative and do not consider it as a final rate.
Location | Category | Product | Grade | Thickness | Length | Rate |
Mumbai | Flats | Cold rolled/CRCA coil | D513 | 0.5 | Coil | ₹274250/MT |
Mumbai | Flats | Cold rolled/CRCA coil | D513 | 0.6 – 1.5 | Coil | ₹60700/MT |
Mumbai | Flats | Cold rolled/CRCA coil | D513 | 1.8 | Coil | ₹271250/MT |
Mumbai | Flats | Chequered Plate Sheet | 3 – 12 | 1500 | ₹63000/MT | |
Mumbai | Flats | Hot rolled coil | E250 A | 1.6 | Coil | ₹268000/MT |
Mumbai | Flats | Hot rolled coil | E250 A | 1.8 | Coil | ₹267000/MT |
Mumbai | Flats | Hot rolled coil | E250 A | 2.0 | Coil | ₹266750/MT |
Mumbai | Flats | Hot rolled coil | E250 A | 2.1 – 2.9 | Coil | ₹53450/MT |
Mumbai | Flats | Hot rolled coil | E250 A | 3 – 12 | Coil | ₹52700/MT |
Mumbai | Flats | Hot rolled coil | E350 A | 1.6 | Coil | ₹271500/MT |
Mumbai | Flats | Hot rolled coil | E350 A | 1.8 | Coil | ₹270500/MT |
Mumbai | Flats | Hot rolled coil | E350 A | 2.0 | Coil | ₹270250/MT |
Mumbai | Flats | Hot rolled coil | E350 A | 2.1 – 2.9 | Coil | ₹269250/MT |
Mumbai | Flats | Hot rolled coil | E350 A | 3 – 12 | Coil | ₹268500/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 14 | 6000 | ₹59000/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 16 | 6000 | ₹62000/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 20 | 6300 | ₹62000/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 3 – 12 | 6300 | ₹62000/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 40 | 6000 | ₹62000/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 45 | 2500 | ₹64500/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 56 | 2500 | ₹64500/MT |
Mumbai | Flats | Hot rolled sheet | E250 A | 75 | 2500 | ₹62000/MT |
Mumbai | Flats | Plate sheet | 3 – 12 | 6300 | ₹60000/MT | |
Mumbai | Flats | Plates sheet | IS 2062:2011 E250A | 2.1 – 2.9 | 2500 | ₹61000/MT |
Mumbai | Flats | Plates sheet | IS 2062:2011 E250A | 3 – 12 | 2500 | ₹61000/MT |
Mumbai | Flats | Stainless steel coil | E250 A | 0.6 – 1.5 | Coil | ₹213000/MT |
Mumbai | Longs | TMT | Fe500D | 10 | – | ₹52800/MT |
Mumbai | Longs | TMT | Fe500D | 12 | – | ₹51800/MT |
Mumbai | Longs | TMT | Fe500D | 8 | – | ₹53800/MT |
Mumbai | Longs | Wire rods | 52100 Ball bearing | 5.5 | – | ₹64500/MT |
- Prices are last updated on June 21, 2023.
- Prices are indicative – Not to be considered as a final rate.
- Price: Ex-yard.
- GST, packaging, loading, freight charges, etc., are not included.
What are the steel prices in Pune?
Here is a list of prices for various steel forms in Pune. The list includes prices for cold rolled sheets, hot rolled sheets, plate sheets, steel pipes, steel angles, steel beams and steel channels.
Location | Category | Product | Grade | Thickness | Length | Rate |
Pune | Flats | Cold rolled/CRCA sheet | D513 | 0.5 | 6000 | ₹69250/MT |
Pune | Flats | Cold rolled/CRCA sheet | D513 | 0.6 – 1.5 | 6000 | ₹68000/MT |
Pune | Flats | Cold rolled/CRCA sheet | D513 | 1.8 | 6000 | ₹66250/MT |
Pune | Flats | Cold rolled/CRCA sheet | D513 | 2.0 | 2500 | ₹60000/MT |
Pune | Flats | Hot rolled sheet | E250 A | 1.6 | 6000 | ₹63000/MT |
Pune | Flats | Hot rolled sheet | E250 A | 1.8 | 6000 | ₹62000/MT |
Pune | Flats | Hot rolled sheet | E250 A | 2.0 | 6000 | ₹61750/MT |
Pune | Flats | Hot rolled sheet | E250 A | 2.1 – 2.9 | 6000 | ₹60750/MT |
Pune | Flats | Hot rolled sheet | E350 A | 1.6 | 6000 | ₹66500/MT |
Pune | Flats | Hot rolled sheet | E350 A | 1.8 | 6000 | ₹65500/MT |
Pune | Flats | Hot rolled sheet | E350 A | 2.0 | 6000 | ₹65250/MT |
Pune | Flats | Hot rolled sheet | E350 A | 2.1 – 2.9 | 6000 | ₹64250/MT |
Pune | Flats | Hot rolled sheet | E350 A | 3 – 12 | 6000 | ₹63500/MT |
Pune | Flats | Plates sheet | E250 A | 16 | 6000 | ₹62500/MT |
Pune | Flats | Plates sheet | E250 A | 20 | 6300 | ₹62500/MT |
Pune | Flats | Plates sheet | E250 A | 28 | 12000 | ₹62500/MT |
Pune | Pipes | Pipes | ERW | 10 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 12 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 3.6 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 4 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 5 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 6 | 6000 | ₹65000/MT |
Pune | Pipes | Pipes | ERW | 8 | 6000 | ₹65000/MT |
Pune | Structurals | Angles | 50 | ₹59000/MT | ||
Pune | Structurals | Beams | E250 A | 300 | 12000 | ₹62500/MT |
Pune | Structurals | Channels | E250 A | 100 | ₹55000/MT | |
Pune | Structurals | Channels | E250 A | 150 | 12000 | ₹62500/MT |
- Prices are last updated on June 21, 2023.
- Prices are indicative – Not to be considered as a final rate.
- Price: Ex-yard.
- GST, packaging, loading, freight charges, etc., are not included.
How to procure steel in Mumbai and Pune
Procuring steel is now easier than before. Do you know you can buy high quality steel online. Tata nexarc offers steel at a competitive rate. You can visit Tata nexarc to procure steel, post your requirements and get quotes for high-quality steel from authorised vendors. You can buy various kinds of steel including galvanised steel, TMT bars, steel coils, corrugated sheets, steel channels and angles, etc.
Conclusion: Tips to procure steel in Mumbai
Here are some steps to procure high-quality steel in Mumbai or Pune.
- Determine various factors of your need for procuring steel such as quantity, quality, type of steel, etc.
- Get in touch with the vendor to receive quotes.
- Compare and evaluate quotes you have received.
- Do not forget to look for quality certifications such as ISO certification, BIS certification, etc.
- Choose the one that offers the required quality of steel at the best rate.
- Remember that many times, vendors charge separately for delivery, freight, and packaging. You need to calculate the overall cost of the product.
Swati is a passionate content writer with more than 10 years of experience crafting content for the business and manufacturing sectors, and helping MSMEs (Micro, Small and Medium Enterprises) navigate complexities in steel procurement, and business services. Her clear and informative writing empowers MSMEs to make informed decisions and thrive in the competitive landscape.