Iron & steel traders · Jalandhar, Punjab · Since 1988

Wholesale iron & steel for Punjab’s builders, fabricators and manufacturers.

TMT bars, channels, MS flat, bar, round & square, MS plates, HR coil, ERW pipes, SHS/RHS/CHS hollow sections, colour-coated roofing sheets and pig iron, sourced from India’s leading mills.

Products

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Head Office

2nd Floor, Shree Ram Tower
Tanda Road, Opp. Janta Hospital
Jalandhar, Punjab 144004

+91 98145 80848 · Deepanshu Goel

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Branch Office

10-A, Opp. Octroi, Amloh Road
Near Bhambri Kanda
Mandi Gobindgarh, Distt. Fatehgarh Sahib, Punjab 147301

+91 98550 09666 · Harish Chatta (Branch Office)

+91 98145 80848 · Deepanshu Goel (Sales & Rates)

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Mandi Gobindgarh & Jalandhar Steel Market Benchmark

Today's Wholesale Steel Rates in Punjab (Mandi Gobindgarh & Jalandhar)

Daily wholesale benchmark prices, mill circular updates, and commercial trade guide for TMT reinforcement bars (Fe 500D / Fe 550D), MS channels (ISMC), MS plates, HR coils, hollow pipes, and foundry pig iron across Punjab. Direct dispatch from Jalandhar and Mandi Gobindgarh stockyards with certified computerized weighbridge slips and 18% GST compliance.

Wholesale Trade Benchmarks • Punjab Region

Current Wholesale Price Benchmark Ranges in Punjab

Indicative wholesale price ranges (ex-yard Jalandhar / Mandi Gobindgarh, 18% GST extra). Prices are established daily following Mandi Gobindgarh morning ingot auctions (~11:30 AM):

Product CategoryIndicative Rate Range (₹ / MT)Applicable StandardLeading Makes / GradesInstant Booking
Primary TMT Rebars (Fe 500D)₹52,000 – ₹56,500IS 1786:2008JSW Neosteel, SAIL, Jindal PantherView Specs →
Secondary ISI TMT Bars₹47,000 – ₹50,500IS 1786:2008Mandi Gobindgarh Billet RerolledView Specs →
MS Channels (ISMC 75–400)₹49,500 – ₹53,500IS 2062:2011SAIL, RINL, Primary & Heavy MillsView Specs →
MS Plates (5mm to 63mm)₹51,000 – ₹55,000IS 2062 E250 / E350SAIL, JSW Steel, AM/NS IndiaView Specs →
Hot Rolled (HR) Coils & Sheets₹52,500 – ₹56,000IS 10748 / IS 2062JSW, Tata Steel, AM/NSView Specs →
Hollow Sections (SHS / RHS / CHS)₹53,000 – ₹57,500IS 4923 / IS 1161APL Apollo, Surya Roshni, ReputedView Specs →
ERW Pipes (Water & Structural)₹54,000 – ₹58,500IS 1239 / IS 3589Jindal Star, Tata, APL ApolloView Specs →
Foundry Grade Pig Iron₹39,500 – ₹42,500IS 224 (Si 1.75–2.25%)Vedanta, NINL, KirloskarView Specs →

* Rates are indicative wholesale commercial figures exclusive of 18% GST and local transport freight. Call +91 98145 80848 for live spot booking.

Market Dynamics & Pricing Insights

4 Key Factors That Determine Daily Steel Rates in Punjab

DRIVER 01

Mandi Gobindgarh Ingot Auctions

Known as the "Steel City of Asia", Mandi Gobindgarh’s morning scrap auctions and billet trade prices dictate daily sentiment across North India.

DRIVER 02

Primary Mill Price Circulars

Monthly and fortnightly price circulars from JSW, SAIL, Tata, and AM/NS establish the national benchmark for prime structural and plate materials.

DRIVER 03

Power Tariffs & Furnace Costs

Induction furnace operational costs in Punjab, fluctuating power subsidies, and coal availability impact secondary steel production costs.

DRIVER 04

Freight & Logistics to Punjab

Diesel price revisions, truck availability on Delhi-Jalandhar-Amritsar NH-44, and local toll movements affect final landed costs.

Transparency & Fair Dealing

Commercial Buyer Protection — The Bhagwati Trading Guarantee

100% Computer WeighbridgeEvery truck is weighed empty (tare) and fully loaded (gross) on certified computer scales to ensure zero weight discrepancy.
18% GST Invoice & E-Way BillClean legal billing with accurate HSN codes (7214 for TMT, 7216 for channels, 7208 for plates) ensuring full input tax credit (ITC).
Mill Test Certificates (MTC)Traceable heat numbers and physical-chemical test certificates from producing mills for structural audit compliance.
Frequently Asked Questions

Frequently Asked Questions — Steel Pricing in Punjab

How often are wholesale steel rates updated in Punjab?

Wholesale steel rates in Punjab fluctuate daily based on Mandi Gobindgarh ingot and billet auctions, raw material scrap imports, and primary mill price circulars (JSW, SAIL, Jindal). Rates are established around 11:30 AM each business day.

What is the price difference between primary and secondary TMT bars in Punjab?

Primary TMT bars (JSW Neosteel, SAIL, Jindal Panther) typically command a premium of ₹3,000 to ₹5,000 per MT over secondary ISI-marked rebars rolled from local Mandi Gobindgarh induction furnace billets, reflecting higher purity and guaranteed ductility.

Do Punjab wholesale steel prices include GST and transportation?

Base market rates are quoted ex-yard Jalandhar or Mandi Gobindgarh, excluding 18% GST. Transportation freight within Punjab is calculated per tonne based on distance (typically ₹350–₹900/MT across Jalandhar, Ludhiana, Amritsar, Pathankot). Full GST invoice and e-way bill are standard.

How can commercial builders and fabricators get live daily quotes?

Call or WhatsApp Deepanshu Goel at +91 98145 80848 or Harish Chatta at +91 98550 09666 between 9:00 AM and 7:00 PM for live spot rates, bundle availability, and volume dispatch schedules.

Commercial Delivery Across Punjab

Daily Steel Dispatch to All Major Punjab Industrial Hubs

Select your city for localized supply terms, freight estimates, and direct stock dispatch from our Jalandhar and Mandi Gobindgarh yards:

Book Today's Steel Rate Before Market Close

Call our sales desk or connect on WhatsApp for immediate rate confirmation, vehicle dispatch scheduling, and invoice generation.