Steel is an essential part of India’s fast-growing construction industry. It plays a key role in shaping the infrastructure of our nation. Known for its strength, durability, and versatility, steel is one of the most commonly used materials in building and development projects. This blog will provide you with the latest updates on steel prices from various top brands in major Indian cities. Whether you are a builder, contractor, or just someone curious about the steel market, this post delivers important insights into the current price trends and regional differences in steel rates.
| City | TMT Steel Price per Kg | TMT Steel Price per Ton |
| Delhi | ₹61 – ₹65 | ₹61,000 – ₹65,000 |
| Mumbai | ₹62 – ₹66 | ₹62,000 – ₹66,000 |
| Bengaluru | ₹60 – ₹64 | ₹60,000 – ₹64,000 |
| Chennai | ₹59 – ₹63 | ₹59,000 – ₹63,000 |
| Hyderabad | ₹61 – ₹65 | ₹61,000 – ₹65,000 |
| Kolkata | ₹60 – ₹64 | ₹60,000 – ₹64,000 |
| Kozhikode | ₹63 – ₹67 | ₹63,000 – ₹67,000 |
In Kerala, the price of steel bars currently ranges between ₹63 – ₹67 per kg, depending on the district and volume.
For example:
Buying in bulk or through trusted distributors often brings the rate down by ₹1–₹2/kg.
As of today, the steel price in Kerala is within the range of ₹62–₹66/kg depending on the location, quantity, and brand. Local areas like Kozhikode, Kochi, and Thiruvananthapuram generally have a higher rate due to transport logistics and dealer margins. However, in bulk purchasing especially on reliable sources, the per ton price can in fact be negotiated downwards, however small scale buyers on average pay around ₹64/kg.
The price of steel in India doesn’t stay constant. It’s shaped by a mix of global and local factors that shift daily, weekly, or seasonally. If you’re planning a project or tracking the market, understanding these influences helps you make better buying decisions. Let’s look at the key factors:
Steel production depends heavily on raw materials like iron ore, coal, and scrap metal. Any change in their prices due to mining disruptions, export limits, or global demand can immediately impact steel rates.
India’s steel industry is deeply connected to international markets. If there’s a surge in demand or supply constraints globally, it often reflects in Indian prices too.
Logistics play a big role, especially in regions like Kerala where steel is often transported over long distances. Rising diesel prices and transportation delays directly push up the local steel price in Kerala.
Import/export duties, infrastructure spending, and GST policies can either increase or decrease steel prices. Subsidies or restrictions on raw material exports also play a part.
Construction activity in India often spikes after the monsoon season and during festive months. Increased demand during these times typically drives steel prices up.
Premium brands like Kenza TMT Bars, Tata Tiscon, and JSW often come at a higher price due to better quality, ISI certification, and corrosion resistance especially important in coastal regions.
Steel prices are not just numbers on a page they impact your project costs. If you are keeping updated with TMT bar prices in real time, prices can help you budget wisely and avoid last-minute shocks.
As of today, the steel price in Kerala and across India continues to reflect a mix of global and local influences. By keeping an eye on both, we can make smart, cost-effective decisions for our construction needs. Bookmark this page or check back daily for real-time updates on the price of steel bars — we’re here to help you stay ahead.
What is the current price of steel bars today?
As of now, TMT steel bar prices across India range from ₹53 to ₹68 per kg, depending on the brand and region. In Kerala, prices may slightly vary. Premium brands like Kenza TMT Bars might cost a little more due to their quality.
How does the shape and size of steel products impact their pricing?
The shape and size of steel products affect pricing because they determine the amount of raw material used, manufacturing complexity, and processing costs. Larger sizes or custom shapes require more steel and energy to produce, making them costlier.
Why does the construction industry consider steel an essential material in India?
