Steel Prices in Patna per kg/ton Today (2025)

Steel remains an essential material for infrastructure and construction in Patna. Prices vary depending on product type, grade, and market demand, with fluctuations influenced by both domestic demand and global market trends. The following analysis provides insights into the steel pricing landscape for 2024-2025 in Patna, with a focus on data-driven evaluations to assist in understanding current prices, trends, and forecasts.

Steel Price by Product (₹/MT)

Category	Product	Grade	Price (₹/MT)
TMT Bars	10 mm	Fe 500	₹ 74,500
		Fe 550	₹ 75,000
	12 mm	Fe 500	₹ 74,000
		Fe 550	₹ 74,500
	16 mm	Fe 500	₹ 73,500
		Fe 550	₹ 74,000
	20 mm	Fe 500	₹ 73,000
		Fe 550	₹ 73,500
HRC	Standard	IS 2062 E250	₹ 52,000
		IS 2062 E350	₹ 54,000
CRC		CR2	₹ 56,000
		CR3	₹ 57,000
		CR4	₹ 58,000

Monthly Steel Price Trends for 2024-2025

Month	TMT Bars (₹/MT)	HRC (₹/MT)	CRC (₹/MT)
January	₹ 72,000	₹ 50,500	₹ 54,500
February	₹ 71,500	₹ 51,000	₹ 55,000
March	₹ 72,200	₹ 51,200	₹ 55,300
April	₹ 72,500	₹ 51,500	₹ 55,500
May	₹ 73,000	₹ 51,800	₹ 55,800
June	₹ 73,300	₹ 52,000	₹ 56,000
July	₹ 73,500	₹ 51,700	₹ 55,700
August	₹ 73,800	₹ 51,900	₹ 55,900
September	₹ 74,200	₹ 52,100	₹ 56,100
October	₹ 74,500	₹ 52,000	₹ 56,000
November	₹ 74,800	₹ 52,200	₹ 56,200
December	₹ 75,000	₹ 52,300	₹ 56,500
January 2025	₹ 75,200	₹ 52,500	₹ 56,500

Steel Price Trend Over the Last 4 Years

Year	Average TMT Bar Price (₹/MT)	Average HRC Price (₹/MT)	Average CRC Price (₹/MT)
2021	₹ 60,000	₹ 45,000	₹ 48,000
2022	₹ 65,000	₹ 47,500	₹ 50,000
2023	₹ 70,000	₹ 49,000	₹ 52,000
2024	₹ 74,000	₹ 52,000	₹ 56,000

Steel Price Predictions & Financial Forecasts for 2025

1. Market Analysis & Demand Projections

• Domestic Demand: Expected growth at 6-7% in FY25, down from 13% in FY23 due to temporary pauses in government project spending around elections. Manufacturing remains resilient, maintaining steady demand for steel products, especially flats.
• Infrastructure Impact: Post-election spending is set to resume, boosting infrastructure projects and driving long-term demand in construction.

2. Supply and Inventory Pressures

• Capacity Expansion: With major steel players like JSW and Tata adding over 12 million tons of capacity, supply is projected to outstrip demand slightly, leading to an inventory increase.
• Inventory Pressure: Accumulation of flat steel stocks may lead to moderate price declines as producers manage excess inventory; inventory management may be more controlled for long products due to demand resilience in infrastructure.

3. Pricing & Competitive Pressures

• Competition from Imports: Chinese steel imports at 15-20% lower rates than domestic products put downward pressure on prices, with Chinese HRC exports particularly affecting local markets.
• Price Adjustments: Domestic steel prices could average 3-4% lower in 2025 due to inventory pressure and soft international demand, particularly for flats like HRC and CRC.

4. Financial & Statistical Outlook

• Profit Margins: With rising inventories and pricing pressure, operating profits may compress by over 100 basis points. Debt-to-earnings ratios for Indian producers could increase to 2.5-3.0 times by FY25 due to continued capital investments and marginally lower profit margins.
• Sector Utilization: Utilization rates for long products remain stable, whereas flats may see lower utilization, influencing product-specific pricing stability in the market.

How to Procure Steel at Low Prices in Patna

1. Bulk Purchases: Large orders can secure lower per-unit prices.
2. Off-Peak Buying: Prices are typically lower during periods of lower demand, such as late winter.
3. Direct from Manufacturers: Purchasing directly can avoid markup costs from intermediaries.
4. Monitoring Global Trends: Awareness of international market shifts can help anticipate price fluctuations locally.

In 2025, Patna’s steel market will see steady demand for products like steel pipes and construction materials. However, with rising inventory and competitive imports, especially from China, prices may experience slight moderation. Infrastructure projects and manufacturing demand offer long-term growth, but informed purchasing remains key to cost efficiency. Tata nexarc provides SMEs with up-to-date market data, insights, and procurement tools to make confident, cost-effective decisions when sourcing steel pipes and related materials.

Disclaimer: Prices are indicative and subject to change. Buyers are requested to contact our team at Tata nexarc for latest TMT bar price range available from different manufacturers, suppliers, wholesalers. For more details on TMT bar size and grade (e.g., Fe 415, Fe 500, Fe 550, Fe 600) get in touch now. GST + freight additional.