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The price of steel today varies depending on the type of steel, grade, and region. However, based on recent trends, here’s a general idea:
- In India: The price of steel has been relatively stable in recent months. As of October 5, 2024, the price of TMT bars in Bhopal was around Rs. 43,180 per tonne. This is subject to change based on market fluctuations.
- Globally: Steel prices have been declining slightly in 2024 compared to the previous year. However, the trend is expected to reverse in the coming months as demand for steel increases.