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

Steel is crucial for Ghaziabad’s construction and manufacturing sectors. The steel price dynamics here reflect broader industry trends influenced by factors like production rates, market demand, and material availability. As one of Uttar Pradesh’s key industrial hubs, Ghaziabad's steel pricing serves as a market benchmark.

Steel Price by Product

Category	Product	Grade	Price (₹/MT)
TMT Bars	10 mm	Fe 415	₹ 74,200
		Fe 500	₹ 74,500
		Fe 550	₹ 75,000
		Fe 600	₹ 76,500
	12 mm	Fe 415	₹ 74,000
		Fe 500	₹ 74,500
		Fe 550	₹ 75,100
		Fe 600	₹ 76,800
	16 mm	Fe 415	₹ 74,000
		Fe 500	₹ 74,300
		Fe 550	₹ 75,200
Billets	MS Billets	Standard	₹ 41,200
Ingots	MS Ingots		₹ 41,700

Here is a table detailing the latest steel prices by product and grade in Ghaziabad:

Steel Price Monthly Trend for 2024 - 2025

Month	TMT Bars (₹/MT)	MS Billets (₹/MT)	MS Ingots (₹/MT)
January	₹ 72,500	₹ 40,800	₹ 41,000
February	₹ 73,000	₹ 41,000	₹ 41,500
March	₹ 73,500	₹ 41,200	₹ 41,600
April	₹ 73,800	₹ 41,300	₹ 41,600
May	₹ 74,200	₹ 41,100	₹ 41,700
June	₹ 74,000	₹ 41,000	₹ 41,600
July	₹ 74,100	₹ 41,050	₹ 41,650
August	₹ 74,200	₹ 41,100	₹ 41,700
September	₹ 74,300	₹ 41,150	₹ 41,750
October	₹ 74,500	₹ 41,200	₹ 41,700
November	₹ 74,500	₹ 41,200	₹ 41,700
December	₹ 74,800	₹ 41,300	₹ 41,800
January 2025	₹ 75,000	₹ 41,300	₹ 41,900

This table represents the trend over the year, with steady growth in TMT bar prices and minor fluctuations in billet and ingot prices, which reflect local demand and raw material costs

Steel Price Trend Over the Last 4 Years in Ghaziabad

Year	Average TMT Price (₹/MT)	Average Billet Price (₹/MT)	Average Ingot Price (₹/MT)
2021	₹ 58,000	₹ 36,500	₹ 37,000
2022	₹ 62,500	₹ 38,000	₹ 39,000
2023	₹ 68,000	₹ 39,800	₹ 40,500
2024	₹ 74,500	₹ 41,200	₹ 41,700

Over the years, Ghaziabad's steel prices have risen significantly, largely due to inflationary pressures and increased demand in the construction industry

Steel Price Predictions & Financial Forecasts

Overall Market Outlook for 2024-2025

• TMT Bars: Expected to increase by 4-5% annually due to rising construction projects and infrastructural development in Uttar Pradesh and neighbouring regions.
• MS Billets & Ingots: Likely to see moderate growth (~3% annually) driven by industrial demand, particularly in the automotive and heavy machinery sectors.
• Sectoral drivers include public infrastructure projects and private sector investments, enhancing steady demand growth.

Financial Projections (2024-2025)

• Q4 2024-2025:

• TMT Bars: ₹75,200 - ₹75,700 per MT.
• MS Billets: ₹41,250 - ₹41,350 per MT.
• MS Ingots: ₹41,750 - ₹41,850 per MT.

• Annual Growth Rate:

• Construction steel (TMT Bars) projected to grow at ~5.2% CAGR through 2025.
• Industrial steel products (Billets & Ingots) expected to grow at ~3.8% CAGR.

Statistical Analysis on Price Volatility

• TMT Bars have shown an average monthly price fluctuation of 0.8% in 2024, reflecting consistent demand and balanced supply.
• Billets and Ingots experienced minor volatility, averaging a 0.5% monthly variation due to stable input costs and raw material consistency.

Key Influencing Factors:

• Raw Material Costs: Rising iron ore and coal prices contribute to increased production costs, impacting prices.
• Supply Chain Dynamics: Seasonal demand, transportation costs, and regulatory changes impact short-term pricing.
• Global Trends: Global steel shortages and export limitations contribute to price increases domestically, as international demand affects local supply chains.

Demand-Supply Analysis:

• Ghaziabad's demand is primarily influenced by its proximity to major urban centres and industrial areas, ensuring strong local consumption of TMT Bars and structural steel products.
• Potential surplus or deficit in supply can alter these predictions; however, given the strong demand base, prices are expected to remain on a stable upward trajectory through 2025.

How to Procure Steel at Low Prices in Ghaziabad

Bulk Purchases with Negotiation: Larger orders often attract bulk discounts. Negotiating directly with suppliers or manufacturers for bulk orders can significantly lower the price per metric ton.

Monitor Market Trends Regularly: Track monthly and seasonal price trends, as steel prices fluctuate with demand cycles. Buying during periods of lower demand, such as in the rainy season, often results in better pricing.

Use Local Supplier Networks: Engage with local suppliers or smaller distribution networks that offer competitive pricing. Local suppliers sometimes provide lower prices compared to national distributors due to reduced logistics costs.

Leverage Online Marketplaces and Auctions: Platforms like Metaljunction and local online steel marketplaces frequently list competitive prices and even offer auctions where businesses can bid for materials, ensuring transparency and potentially lower procurement costs.

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In conclusion, procuring steel pipes at competitive prices in Ghaziabad requires strategic planning and an understanding of market trends. Bulk purchases, timely buys, and leveraging local networks are essential for cost-effective procurement. For businesses seeking a reliable partner in this process, Tata nexarc provides a comprehensive platform tailored for SMEs, connecting buyers to trusted suppliers with transparent pricing, financing options, and streamlined procurement support. With Tata nexarc, businesses can navigate the steel market efficiently, ensuring they access high-quality materials like steel pipes at optimal prices, empowering them to succeed in an increasingly competitive landscape.

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.