Steel Market Update | Trusted Brand
📅 23-05-2026 | ⏰ 1:00 PM IST 🇮🇳
The Indian steel and scrap market remained largely stable today across major industrial hubs. Mild fluctuations were observed in selected regions including Mumbai, Durgapur, Raipur, and Kolkata, while Gobindgarh market rates held firm.
Gobindgarh Market Pricing (INR/Ton)
| Material | Price | Change |
|---|---|---|
| MS Billet | ₹42,500 | (+0) 🔼 |
| MS Ingot | ₹42,500 | (+0) 🔼 |
| Old Scrap | ₹30,500 | (+0) 🔼 |
| Melting Scrap | ₹34,000 | (+0) 🔼 |
| End Cutting | ₹35,500 | (+0) 🔼 |
| CRC Scrap | ₹36,500 | (+0) 🔼 |
MS Ingot Prices Across India (INR/Ton)
| Location | Price | Change |
|---|---|---|
| Bhiwari | ₹41,300 | (+0) 🔼 |
| Durgapur | ₹38,600 | (-100) 🔻 |
| Goa | ₹40,600 | (+0) 🔼 |
| Hyderabad | ₹40,100 | (+0) 🔼 |
| Himachal | ₹41,500 | (+0) 🔼 |
| Jaipur | ₹41,700 | (+100) 🔼 |
| Jammu | ₹42,000 | (+0) 🔼 |
| Kolkata | ₹39,300 | (-100) 🔻 |
| Muzaffarnagar | ₹40,600 | (+0) 🔼 |
| Mumbai | ₹41,100 | (-400) 🔻 |
Market Analysis
- Gobindgarh steel market remained stable with steady billet and ingot demand.
- Mumbai ingot prices corrected by ₹400 per ton.
- Scrap prices across major northern regions remained stable.
- Construction and scaffolding sector demand continues steady.
About AMCO Exports
AMCO Exports is a leading manufacturer and exporter of scaffolding and formwork accessories in India since 1989.
Products include:
- Scaffolding Couplers
- Wing Nuts
- Tie Rods
- Top Cups & Bottom Cups
- Prop Nuts
- Formwork Accessories
- Cuplock Scaffolding Parts
Disclaimer
The rates mentioned above are for informational purposes only and are not an offer for sale or purchase. Prices may fluctuate according to market conditions. Actual transaction rates may vary by ± ₹100 depending on commercial terms and quality requirements.
Steel market update today (23 April 2026): Latest steel prices, MS ingot rates and market trends across India updated for today.
💱 USD/INR: ₹94.09 🔻
🏭 Gobindgarh Market:
MS Ingot: ₹45,300/Ton (Stable)
📍 Regional MS Ingot Prices (₹/Ton):
- Alang / Bhavnagar: ₹45,400 / ₹45,300
- Bhiwari / Goa / Hyderabad: ₹43,800 / ₹43,600 / ₹43,400
- Indore / Jammu / Mumbai: ₹45,200 / ₹44,800 / ₹44,800
- Muzaffarnagar / Jaipur: ₹44,100 / ₹43,900 🔻
- Durgapur / Kolkata / Raipur: ₹41,100 / ₹41,800 / ₹41,900
- Rourkela: ₹40,400 🔼
🏗️ Scaffolding Impact:
Raw material prices remain firm today, making it a good time to finalize your requirements.
⚡ Today’s Opportunity:
With raw material prices stable, we are offering special rates on
Tie Rods &
Cuplock Systems for bulk orders.
👉 Lock your price today before the next market move.
📲 +91 98888 82322
MS Ingot Price Snapshot Across India – 23 April 2026
📌 Steel Price Today – Quick Navigation
1) Steel Market Update Today: USD/INR Rate
USD/INR: ₹91.67 (+0.19) 🔼
2) Steel Market Update Today: Gobindgarh Market Prices (₹/Ton)
- MS Billet: ₹44,500 (+100) 🔼
- MS Ingot: ₹44,500 (+100) 🔼
- Old Scrap: ₹32,700 (+100) 🔼
- Melting Scrap: ₹36,200 (+100) 🔼
- End Cutting: ₹37,700 (+100) 🔼
- CRC Scrap: ₹38,700 (+100) 🔼
3) MS Ingot Price Today in India (₹/Ton)
Top markets today:
- Jammu: ₹44,500 (+100) 🔼
- Jaipur: ₹43,300 (+500) 🔼
- Mumbai: ₹43,200 (+400) 🔼
- Alang: ₹42,900 (+200) 🔼
- Goa: ₹42,100 (-300) 🔻
4) Scrap Price Today: Old & Melting Scrap Rates (₹/Ton)
Key scrap markets:
- Delhi: ₹37,700 (+300) 🔼
- Ghaziabad (Old): ₹36,400 (+100) 🔼
- Muzaffarnagar: ₹36,700 (+200) 🔼
- Ahmedabad: ₹32,000 (-500) 🔻
- Hyderabad: ₹30,500 (+400) 🔼
5) Steel Market Update Today: Key Highlights
✅ MS Ingot Highest: ₹44,500 (Jammu & Gobindgarh)
📈 Biggest Daily Jump: Jaipur (+₹500)
📉 Notable Drop: Goa (−₹300)
♻ Scrap Highest: Delhi ₹37,700
📉 Biggest Scrap Drop: Ahmedabad (−₹500)
Conclusion:
This steel market update today is helpful for contractors, traders and bulk buyers to plan purchases based on daily market movement.
We publish steel market update today reports regularly so buyers can track daily changes in MS ingot and scrap rates.
✅ WhatsApp Now for Today’s Rates & Supply
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📞 Contact for Best Rates
📞 +91 98888 82322 | +91 98760 00173
Disclaimer: Rates for information only; may vary ±₹100 based on requirement.
❓ Frequently Asked Questions (FAQ)
Quick answers to common questions about today’s steel & scrap market rates.
Today’s MS ingot price in Gobindgarh is ₹44,500/ton (+₹100).
Delhi currently has the highest old/melting scrap price at ₹37,700/ton.
Yes. Rates may vary ±₹100 depending on requirement, quality, quantity, and deal terms.
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