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.
Iron & steel traders · Jalandhar, Punjab · Since 1988
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.
Foundry, SG and steel-grade pig iron for castings, foundries and induction furnaces.
High-strength, ductile reinforcement bars for RCC — Fe 500D and Fe 550D grades.
MS channels (ISMC) for frames, columns, purlins, crane girders and heavy fabrication.
Mild steel flats for gates, grills, brackets, base plates and general fabrication.
Plain mild steel bars for machining, forging, fasteners and general engineering.
Hot-rolled MS plates for heavy fabrication, machine bases, tanks, bridges and boilers.
Hot-rolled coils and sheets for pipes and tubes, auto parts, roll-forming and engineering.
Electric-resistance-welded pipes for water lines, plumbing, scaffolding and structures.
MS round bars for shafts, bolts, fasteners, forging and machined components.
MS square bars for grills, gates, railings, ornamental work and structural fabrication.
Pre-painted galvanised (PPGI) and galvalume (PPGL) sheets for roofing, cladding and sheds.
Square, rectangular and circular hollow sections for trusses, sheds, frames and furniture.
Head Office
2nd Floor, Shree Ram Tower+91 98145 80848 · Deepanshu Goel
Open in Google MapsBranch Office
10-A, Opp. Octroi, Amloh Road+91 98550 09666 · Harish Chatta (Branch Office)
+91 98145 80848 · Deepanshu Goel (Sales & Rates)
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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.
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 Category | Indicative Rate Range (₹ / MT) | Applicable Standard | Leading Makes / Grades | Instant Booking |
|---|---|---|---|---|
| Primary TMT Rebars (Fe 500D) | ₹52,000 – ₹56,500 | IS 1786:2008 | JSW Neosteel, SAIL, Jindal Panther | View Specs → |
| Secondary ISI TMT Bars | ₹47,000 – ₹50,500 | IS 1786:2008 | Mandi Gobindgarh Billet Rerolled | View Specs → |
| MS Channels (ISMC 75–400) | ₹49,500 – ₹53,500 | IS 2062:2011 | SAIL, RINL, Primary & Heavy Mills | View Specs → |
| MS Plates (5mm to 63mm) | ₹51,000 – ₹55,000 | IS 2062 E250 / E350 | SAIL, JSW Steel, AM/NS India | View Specs → |
| Hot Rolled (HR) Coils & Sheets | ₹52,500 – ₹56,000 | IS 10748 / IS 2062 | JSW, Tata Steel, AM/NS | View Specs → |
| Hollow Sections (SHS / RHS / CHS) | ₹53,000 – ₹57,500 | IS 4923 / IS 1161 | APL Apollo, Surya Roshni, Reputed | View Specs → |
| ERW Pipes (Water & Structural) | ₹54,000 – ₹58,500 | IS 1239 / IS 3589 | Jindal Star, Tata, APL Apollo | View Specs → |
| Foundry Grade Pig Iron | ₹39,500 – ₹42,500 | IS 224 (Si 1.75–2.25%) | Vedanta, NINL, Kirloskar | View Specs → |
* Rates are indicative wholesale commercial figures exclusive of 18% GST and local transport freight. Call +91 98145 80848 for live spot booking.
Known as the "Steel City of Asia", Mandi Gobindgarh’s morning scrap auctions and billet trade prices dictate daily sentiment across North India.
Monthly and fortnightly price circulars from JSW, SAIL, Tata, and AM/NS establish the national benchmark for prime structural and plate materials.
Induction furnace operational costs in Punjab, fluctuating power subsidies, and coal availability impact secondary steel production costs.
Diesel price revisions, truck availability on Delhi-Jalandhar-Amritsar NH-44, and local toll movements affect final landed costs.
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.
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.
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.
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.
Select your city for localized supply terms, freight estimates, and direct stock dispatch from our Jalandhar and Mandi Gobindgarh yards:
Call our sales desk or connect on WhatsApp for immediate rate confirmation, vehicle dispatch scheduling, and invoice generation.