TMT (Thermo Mechanically Treated) bars are one of the most essential construction materials in India. Whether you are building a small home, a multi-storied apartment, or a large infrastructure project, TMT bars form the skeleton of your structure, ensuring strength, durability, and safety.
Over the past decade, one of the most discussed topics in the construction industry has been the sharp rise in TMT bar prices, particularly after the year 2020. Homeowners, contractors, and builders alike have been impacted by these changes.
In this blog, we provide a complete, data-backed analysis of TMT bar prices before 2020 and after 2020. We’ll also explore the factors behind price fluctuations, how global events shaped the steel industry, and what buyers in 2025 should keep in mind.
🏗️ TMT Bar Price Trends: 2015–2025
Let us first look at how prices have moved over the last 10 years.
| Year | Avg. Price (₹/ton) | Market Highlights |
|---|---|---|
| 2015 | 38,000 – 40,000 | Stable demand, steady supply |
| 2016 | 36,500 – 39,000 | Slight dip due to global slowdown |
| 2017 | 39,000 – 42,000 | Recovery in housing demand |
| 2018 | 42,000 – 45,000 | Input cost rise, moderate increase |
| 2019 | 44,000 – 47,000 | Prices fairly stable |
| 2020 | 48,000 – 52,000 | COVID-19 disruptions, initial spike |
| 2021 | 55,000 – 65,000 | Iron ore shortage, massive price surge |
| 2022 | 58,000 – 72,000 | High demand + exports to foreign markets |
| 2023 | 56,000 – 70,000 | Prices stabilize but remain high |
| 2024 | 54,000 – 66,000 | Corrections as supply improves |
| 2025 | 55,000 – 68,000 | Balanced prices, steady construction demand |
📈 Graph: TMT Bar Price Trend (2015–2025)
The graph below shows how stable prices before 2020 suddenly shot up after 2020, creating a new price range for the industry.
(Graph code already provided earlier – when you post this on your website, we can add the chart as an image for better readability.)
⚖️ Price Comparison – Before 2020 vs After 2020
To put it simply:
- Before 2020 – Average ₹38,000 – ₹47,000/ton → Stable, predictable
- After 2020 – Average ₹55,000 – ₹72,000/ton → 35–45% higher, more volatile
| Factor | Before 2020 | After 2020 | Impact |
|---|---|---|---|
| Average Price | ₹38k – ₹47k | ₹55k – ₹72k | ~40% higher |
| Raw Material Costs | Stable | Highly volatile | Raised production cost |
| Supply Chain | Smooth | Disrupted | Delays & scarcity |
| Global Factors | Minimal | Major (exports, pandemic) | Indian prices linked to world steel |
| Construction Demand | Steady | Surge post-2020 | Pushes prices further |
🔎 Why Did TMT Bar Prices Rise After 2020?
Several reasons explain why TMT prices went up sharply post-2020:
1. COVID-19 Pandemic Disruptions
- Lockdowns shut down factories and transport routes.
- Demand fell in 2020 but surged in 2021, leading to shortages.
2. Iron Ore & Coal Price Surge
- TMT manufacturing depends on iron ore, coking coal, and scrap steel.
- Post-2020, their prices rose by 30–50%.
3. Export Market Influence
- India became a major exporter of steel to China, Europe, and Middle East.
- Domestic supply was diverted, raising local prices.
4. Infrastructure Push in India
- Government programs like PMAY (Housing for All) and large highways boosted demand.
5. Fuel & Logistics Costs
- Rising diesel prices and global freight costs added ₹2,000–3,000/ton extra burden.
📌 How Price Rise Affected Home Builders
For a normal 1,000 sq. ft. home, the TMT requirement is approx. 4–5 tons.
- Before 2020 (₹45,000/ton) → ₹2.25 lakhs approx.
- After 2020 (₹65,000/ton) → ₹3.25 lakhs approx.
👉 Extra burden of ₹1 lakh or more per house just from TMT bars.
For large apartment projects, the impact is in crores of rupees.
🔮 Future Outlook (2025 & Beyond)
- Stable but higher base – Prices will not return to pre-2020 levels.
- Slight corrections possible if raw material costs drop.
- Green steel production (eco-friendly) may keep prices slightly higher.
- Buyers should expect ₹55,000–70,000/ton range for the foreseeable future.
🛒 Where to Buy TMT Bars at Best Price?
At Pahari Home Solutions Pvt. Ltd., we are authorized dealer and distributor of:
- TATA TISCON 550SD
- Shyam Steel
- JSW Neo Steel
- Jindal Panther
- Vizag Steel
- Rashmi TMT
- Captain TMT
- SAIL TMT
We supply across Purba Medinipur & Paschim Medinipur, both wholesale and retail.
✔️ Fresh stock, no rust
✔️ Genuine material directly from mills
✔️ Bulk order pricing available
✔️ Timely delivery to site
❓ Frequently Asked Questions (FAQs)
Q1. Why are TMT bar prices so high compared to 2019?
Prices rose due to COVID-19 disruptions, raw material shortages, exports, and higher fuel costs.
Q2. Which TMT brand is best for house construction?
Top brands include TATA TISCON, Shyam Steel, JSW Neo, Vizag Steel, and Jindal Panther.
Q3. Will TMT prices go down in 2025?
A major fall is unlikely. Prices may correct slightly but will stay in the ₹55,000–68,000/ton range.
Q4. How can I save money on TMT purchases?
Buy in bulk from authorized dealers like Pahari Home Solutions Pvt. Ltd. to get wholesale rates.
Q5. How do I know if TMT bars are genuine?
Check the brand embossing, request a test certificate, and purchase only from trusted dealers.
Q6. Do TMT bars differ by region?
Yes, prices vary across India depending on transport, brand presence, and local demand.
Q7. Are there fake TMT bars in the market?
Unfortunately yes, duplicate bars exist. Always ensure you buy from certified and authorized suppliers.
📍 Contact Us – Trusted TMT Bar Dealer in Medinipur
Looking for the best quality TMT bars at competitive rates?
Contact Pahari Home Solutions Pvt. Ltd. today.
📞 Call Us: +91 7584055356
📧 Email: official@paharihomesolutions.in
🌐 Website: paharihomesolutions.in
✨ Pahari Home Solutions Pvt. Ltd. – Your One Stop Solution for TMT Bars & Construction Materials in Medinipur!
