The Indian steel market witnessed a mild correction on 10 July 2026, with wire rod, billet, ingot, scrap, and TMT rebar prices easing across several major manufacturing hubs. Markets including Raipur, Kolkata, Durgapur, Ludhiana, Muzaffarnagar, Mumbai, and Mandi Gobindgarh recorded price movements, while Gobindgarh ERW pipe prices remained stable. Stay updated with today’s complete steel market report, including the latest wire rod, billet, ingot, scrap, TMT prices, and USD/INR exchange rate from AMCO Exports.
Steel Market Update – 10 July 2026 | Indian Steel Prices & Wire Rod Market
Date: 10 July 2026
Time: 02:05 PM IST
USD/INR: ₹95.35 (-0.15 ▼)
The Indian steel market remained under mild selling pressure on 10 July 2026. Most wire rod, billet, ingot, scrap and TMT rebar prices witnessed slight corrections across major steel-producing regions. Raipur registered the sharpest fall in wire rod prices with a correction of ₹600 per ton, while Gobindgarh ERW Pipe and Bhartam TMT prices remained unchanged. The Indian Rupee strengthened slightly against the US Dollar, with USD/INR settling at ₹95.35.
Indian Wire Rod Price Update (INR per Ton)
Kolkata Wire Rod Prices
| Product | Price (INR/Ton) | Change |
|---|---|---|
| MS Wire Rod 5.5mm | ₹41,900 | ▼ ₹100 |
| MS Wire Rod 6mm | ₹42,300 | ▼ ₹100 |
| MS Wire Rod 7mm | ₹42,300 | ▼ ₹100 |
| MS Wire Rod 8mm | ₹42,300 | ▼ ₹100 |
| MS Wire Rod 10mm | ₹42,300 | ▼ ₹100 |
| MS Wire Rod 12mm | ₹42,600 | ▼ ₹100 |
| MS Wire Rod 14mm | ₹42,600 | ▼ ₹100 |
| MS Wire Rod 16mm | ₹42,600 | ▼ ₹100 |
| Torkari Wire 5.2mm | ₹44,400 | ▼ ₹100 |
| MS Binding Wire 20 Gauge | ₹51,400 | ▼ ₹100 |
| MS Binding Wire 22 Gauge | ₹53,400 | ▼ ₹100 |
| MS Binding Wire 23 Gauge | ₹57,400 | ▼ ₹100 |
Durgapur Wire Rod Prices
Durgapur followed Kolkata, registering a uniform correction of ₹100 per ton across most wire rod sizes and wire products.
| Product | Price (INR/Ton) | Change |
|---|---|---|
| MS Wire Rod 5.5mm | ₹41,900 | ▼ ₹100 |
| MS Wire Rod 6mm–16mm | ₹42,300–₹42,600 | ▼ ₹100 |
| Torkari Wire 5.2mm | ₹44,400 | ▼ ₹100 |
| MS Binding Wire | ₹51,400–₹57,400 | ▼ ₹100 |
Raipur Wire Rod Prices
| Product | Price (INR/Ton) | Change |
|---|---|---|
| MS Wire Rod 5.5mm | ₹41,600 | ▼ ₹600 |
| MS Wire Rod 7mm–16mm | ₹42,000 | ▼ ₹600 |
| HB Wire | ₹43,500–₹49,100 | ▼ ₹600 |
| Binding Wire | ₹46,800–₹53,100 | ▼ ₹600 |
| Barbed Wire | ₹50,100–₹52,100 | ▼ ₹600 |
| GI Wire | ₹48,100–₹58,100 | ▼ ₹600 |
| MS Nails | ₹41,700–₹41,850 | ▼ ₹600 |
Gujarat Wire Rod Price
| Product | Price (INR/Ton) | Change |
|---|---|---|
| MS Wire Rod 10 Gauge | ₹48,300 | ▼ ₹200 |
Gobindgarh Steel Market
| Material | Price (INR/Ton) | Change |
|---|---|---|
| MS Billet | ₹42,100 | ▼ ₹100 |
| MS Ingot | ₹42,100 | ▼ ₹100 |
| Old Scrap | ₹30,100 | ▼ ₹100 |
| Melting Scrap | ₹33,600 | ▼ ₹100 |
| Bhartam TMT | ₹47,300 | No Change |
| ERW Pipe | ₹46,700 | No Change |
MS Ingot Prices (INR per Ton)
| City | Price | Change |
|---|---|---|
| Durgapur | ₹37,300 | 0 |
| Kolkata | ₹38,000 | 0 |
| Ludhiana | ₹43,000 | ▼ ₹200 |
| Ludhiana EN8 | ₹43,400 | ▼ ₹200 |
| Mumbai | ₹38,700 | ▲ ₹200 |
| Muzaffarnagar | ₹40,400 | ▼ ₹100 |
| Raipur | ₹37,600 | ▼ ₹200 |
MS Billet Prices (INR per Ton)
| City | Price | Change |
|---|---|---|
| Durgapur | ₹37,800 | ▼ ₹100 |
| Ludhiana | ₹43,400 | ▼ ₹200 |
| Raipur | ₹37,700 | ▼ ₹200 |
| Muzaffarnagar | ₹40,800 | ▼ ₹100 |
Scrap Selling Prices (INR per Ton)
| Location | Price | Change |
|---|---|---|
| Ludhiana | ₹37,400 | ▼ ₹200 |
| Jaipur | ₹31,500 | ▼ ₹300 |
| Raipur | ₹32,300 | ▼ ₹200 |
Sponge Iron Prices (INR per Ton)
| Location | Price | Change |
|---|---|---|
| Jaipur | ₹28,400 | ▼ ₹200 |
TMT Rebar Prices (INR per Ton)
| Market | Price | Change |
|---|---|---|
| Mandi Gobindgarh (12mm) | ₹47,300 | 0 |
| Indore (10mm) | ₹45,800 | ▼ ₹200 |
| Muzaffarnagar (12mm) | ₹43,200 | ▼ ₹100 |
| Jalna | ₹40,000 | 0 |
| Raipur | ₹37,311 | ▼ ₹500 |
| Mumbai | ₹38,000 | ▼ ₹300 |
| Ludhiana (12mm) | ₹52,000 | ▼ ₹100 |
Market Analysis
Today’s market reflects a cautious buying trend, with raw material prices continuing to soften across most regions. Wire rod prices declined in Kolkata, Durgapur and Raipur, while billet and ingot prices also moved lower in Ludhiana and Muzaffarnagar. Raipur remained the weakest market of the day, posting corrections of up to ₹600 per ton across multiple steel products. Stable ERW pipe and TMT prices in Gobindgarh indicate balanced demand from infrastructure and construction sectors.
Market Summary
- Wire rod prices declined across major Indian markets.
- Raipur recorded the highest correction of ₹600 per ton.
- Ludhiana billet and ingot prices fell by ₹200 per ton.
- Mumbai was the only major market where MS ingot prices increased.
- Gobindgarh ERW Pipe and Bhartam TMT prices remained stable.
- USD/INR eased to ₹95.35, providing slight support to importers.
About AMCO Exports
AMCO Exports is a leading Indian manufacturer and exporter of scaffolding systems, formwork accessories, rebar couplers, steel hardware, and construction equipment. We publish regular steel market updates to help contractors, procurement managers, distributors, EPC companies, and infrastructure developers stay informed about daily steel price movements across India.
Disclaimer
The prices mentioned above are for informational purposes only and should not be considered an offer to buy or sell. Market rates are indicative and may vary depending on quantity, specifications, taxes, freight, and commercial terms. AMCO Exports is not responsible for any profit or loss arising from decisions based on the above market information.
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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