Morning Market Pulse | 14 November 2025

M.S. Ingot / M.S. Billet (first block)

Location	Live Rate	Opening Rate	Change
Mandi Gobindgarh	₹39,200.00	₹38,900.00	₹300.00 (0.77%)
Ahemdabad	₹37,500.00	₹37,200.00	₹300.00 (0.81%)
Alang	₹37,300.00	₹37,300.00	₹0.00 (0.00%)
Bhavnagar	₹37,200.00	₹37,200.00	₹0.00 (0.00%)
Bhiwari	₹37,700.00	₹37,600.00	₹100.00 (0.27%)

M.S. Billet (full live block)

Location	Live Rate	Opening Rate	Change
Mandi Gobindgarh	₹39,200.00	₹38,900.00	₹300.00 (0.77%)
Ahemdabad	₹38,200.00	₹37,900.00	₹300.00 (0.79%)
Alang	₹37,700.00	₹37,700.00	₹0.00 (0.00%)
Bhavnagar	₹37,600.00	₹37,600.00	₹0.00 (0.00%)
Bhiwari	₹38,100.00	₹37,900.00	₹200.00 (0.53%)
Durgapur	₹35,700.00	₹35,400.00	₹300.00 (0.85%)
Ghaziabad	₹38,000.00	₹37,500.00	₹500.00 (1.33%)
Goa	₹37,100.00	₹37,100.00	₹0.00 (0.00%)
Hyderabad	₹37,000.00	₹37,000.00	₹0.00 (0.00%)
Indore	₹37,500.00	₹37,500.00	₹0.00 (0.00%)
Jaipur	₹37,600.00	₹37,300.00	₹300.00 (0.80%)
Kanpur	₹38,500.00	₹38,100.00	₹400.00 (1.05%)
Kolkatta	₹36,500.00	₹36,200.00	₹300.00 (0.83%)
Ludhiana	₹39,300.00	₹39,200.00	₹100.00 (0.26%)
Mumbai	₹37,700.00	₹37,700.00	₹0.00 (0.00%)
Raigarh	₹35,100.00	₹34,600.00	₹500.00 (1.45%)
Raipur	₹35,400.00	₹35,000.00	₹400.00 (1.14%)
Rourkela	₹34,500.00	₹34,300.00	₹200.00 (0.58%)
Mujfernagar	₹37,900.00	₹37,500.00	₹400.00 (1.07%)
Jalna	₹37,000.00	₹36,900.00	₹100.00 (0.27%)
Chennai	₹38,300.00	₹38,300.00	₹0.00 (0.00%)
Jammu	₹39,500.00	₹39,300.00	₹200.00 (0.51%)
Ramgarh	₹36,800.00	₹36,500.00	₹300.00 (0.82%)
Hindupur	₹36,500.00	₹36,500.00	₹0.00 (0.00%)
Hosur	₹36,900.00	₹36,900.00	₹0.00 (0.00%)

M.S. Scrap (Raw Material)

Location	Live Rate	Opening Rate	Change
MGG-Old Scrap	₹27,500.00	₹27,200.00	₹300.00 (1.10%)
Melting Scrap	₹31,000.00	₹30,700.00	₹300.00 (0.98%)
End cutting	₹32,500.00	₹32,200.00	₹300.00 (0.93%)
CRC scrap	₹33,500.00	₹33,200.00	₹300.00 (0.90%)
Alang	₹30,400.00	₹30,400.00	₹0.00 (0.00%)
Bhavnagar	₹30,400.00	₹30,300.00	₹100.00 (0.33%)
Bhiwari	₹25,000.00	₹24,800.00	₹200.00 (0.81%)
Durgapur	₹29,500.00	₹29,500.00	₹0.00 (0.00%)
Ghaziabad (old)	₹31,200.00	₹31,300.00	-₹100.00 (-0.32%)
Indore Melting	₹30,600.00	₹30,600.00	₹0.00 (0.00%)
Indore (o)	₹29,800.00	₹29,800.00	₹0.00 (0.00%)
Jaipur	₹29,300.00	₹29,000.00	₹300.00 (1.03%)
Jammu	₹31,000.00	₹31,000.00	₹0.00 (0.00%)
Kanpur	₹26,300.00	₹26,300.00	₹0.00 (0.00%)
Kolkatta	₹30,000.00	₹30,000.00	₹0.00 (0.00%)
Ludhiana	₹33,300.00	₹33,200.00	₹100.00 (0.30%)
Mujfernagar	₹33,300.00	₹33,400.00	-₹100.00 (-0.30%)
Mumbai	₹30,500.00	₹30,500.00	₹0.00 (0.00%)
Nagpur	₹25,900.00	₹25,900.00	₹0.00 (0.00%)
Raigarh	₹30,000.00	₹29,600.00	₹400.00 (1.35%)
Raipur	₹29,700.00	₹29,400.00	₹300.00 (1.02%)
Rourkela	₹29,200.00	₹29,000.00	₹200.00 (0.69%)
Jalna Super	₹27,500.00	₹27,500.00	₹0.00 (0.00%)
Jalna Melting	₹28,500.00	₹28,500.00	₹0.00 (0.00%)
Ahemdabad	₹29,800.00	₹29,800.00	₹0.00 (0.00%)
Hyderabad	₹25,700.00	₹25,700.00	₹0.00 (0.00%)
Raipur End Cut	₹32,800.00	₹33,000.00	-₹200.00 (-0.61%)
Chennai	₹28,000.00	₹28,000.00	₹0.00 (0.00%)
Kotdwar	₹28,800.00	₹29,000.00	-₹200.00 (-0.69%)

All TMT Basic Rate (Branded TMT-Rebar)

Location / Product	Live Rate	Opening Rate	Change
Mandi Gobindgarh 12mm Basic (Bhartam)	₹43,900.00	₹43,700.00	₹200.00 (0.46%)
Bhavnagar 20mm Basic	₹48,201.00	₹48,201.00	₹0.00 (0.00%)
Ghaziabad 12mm Basic	₹41,500.00	₹41,500.00	₹0.00 (0.00%)
Indore 10mm Basic (Moira)	₹42,700.00	₹42,700.00	₹0.00 (0.00%)
Muzaffarnagar 12mm Basic (Century)	₹40,800.00	₹40,800.00	₹0.00 (0.00%)
Kanpur 12mm Basic (Kamdhenu)	₹52,111.00	₹52,111.00	₹0.00 (0.00%)
Lucknow 10mm basic (Gallantt)	₹49,700.00	₹49,500.00	₹200.00 (0.40%)
Bengaluru 8mm Basic (RD)	₹66,000.00	₹66,000.00	₹0.00 (0.00%)
Durgapur Basic (Jai kapish)	₹33,000.00	₹33,000.00	₹0.00 (0.00%)
Jalna Basic	₹37,000.00	₹37,000.00	₹0.00 (0.00%)
Kolkatta Basic (Jai kapish)	₹33,000.00	₹33,000.00	₹0.00 (0.00%)
Raipur Basic (Speed)	₹33,611.00	₹33,411.00	₹200.00 (0.60%)
Mumbai Basic (Guardian)	₹37,400.00	₹37,400.00	₹0.00 (0.00%)
Punjab (Jyoti)	₹50,412.00	₹50,412.00	₹0.00 (0.00%)
Punjab (Kamdhnu)	₹51,301.00	₹51,301.00	₹0.00 (0.00%)

All TMT Basic Rate 2 (selected)

Location / SKU	Live Rate	Opening Rate	Change
Mumbai Basic (Kalika / JALANA / Metro / Surya / Rejency)	₹39,000.00	₹39,000.00	₹0.00 (0.00%)
Raigarh 28mm Basic (various)	~₹32,400–32,700.00	same	₹0.00 (0.00%)
Ahmedabad 20mm Basic (Briskon)	₹51,000.00	₹51,000.00	₹0.00 (0.00%)

Wire Rod (Finished Goods)

Location / SKU	Live Rate	Opening Rate	Change
Gujrat 10 G	₹44,800.00	₹44,800.00	₹0.00 (0.00%)
Raipur 5.5MM	₹38,600.00	₹38,600.00	₹0.00 (0.00%)
Raipur 7MM	₹39,000.00	₹39,000.00	₹0.00 (0.00%)
Raipur 8MM	₹39,000.00	₹39,000.00	₹0.00 (0.00%)
Raipur 10MM	₹39,000.00	₹39,000.00	₹0.00 (0.00%)
Raipur 12MM	₹39,000.00	₹39,000.00	₹0.00 (0.00%)
(other Raipur/HB/PANEL/BINDING SKUs)	various	same	₹0.00 (0.00%)
Kolkatta MS 5.5–16mm	₹38,000.00–38,700.00	same	₹0.00 (0.00%)
Durgapur MS 5.5–16mm	₹38,000.00–38,700.00	same	₹0.00 (0.00%)

Cast Iron (Raw Material)

Location	Live Rate	Opening Rate	Change
Mandi gobindgarh (TOKA)	₹33,300.00	₹33,300.00	₹0.00 (0.00%)
Mandi gobindgarh (Imported)	₹33,800.00	₹33,800.00	₹0.00 (0.00%)
Ludhiana	₹34,000.00	₹34,000.00	₹0.00 (0.00%)

Pig Iron (Foundry & Steel Grade)

Location	Live Rate	Opening Rate	Change
Ludhiana (Foundry)	₹38,400.00	₹38,400.00	₹0.00 (0.00%)
Jalandhar (Foundry)	₹38,800.00	₹38,800.00	₹0.00 (0.00%)
Batala (Foundry)	₹38,300.00	₹38,300.00	₹0.00 (0.00%)
Durgapur (Foundry)	₹37,000.00	₹37,000.00	₹0.00 (0.00%)
Ludhiana (Steel Grade)	₹35,400.00	₹35,400.00	₹0.00 (0.00%)
Jalandhar (Steel Grade)	₹35,100.00	₹35,100.00	₹0.00 (0.00%)
Batala (Steel Grade)	₹35,200.00	₹35,200.00	₹0.00 (0.00%)
Raipur (Steel Grade)	₹32,200.00	₹32,200.00	₹0.00 (0.00%)
Raigarh (Steel Grade)	₹32,600.00	₹32,600.00	₹0.00 (0.00%)
Durgapur (Steel Grade)	₹32,000.00	₹32,000.00	₹0.00 (0.00%)

Cold Rolled Coil (CRC)

Location	Live Rate	Opening Rate	Change
Jaipur	₹53,000.00	₹53,000.00	₹0.00 (0.00%)
Ghaziabad	₹53,000.00	₹53,000.00	₹0.00 (0.00%)
Durgapur	₹51,500.00	₹51,500.00	₹0.00 (0.00%)
Kolkatta	₹53,000.00	₹54,000.00	-₹1,000.00 (-1.85%)

Hot Rolled Coil (HRC)

Location	Live Rate	Opening Rate	Change
Jaipur	₹47,500.00	₹47,500.00	₹0.00 (0.00%)
Ghaziabad	₹47,300.00	₹47,300.00	₹0.00 (0.00%)
Durgapur	₹45,500.00	₹45,500.00	₹0.00 (0.00%)
Kolkatta	₹46,000.00	₹47,000.00	-₹1,000.00 (-2.13%)
Ludhiana	₹49,000.00	₹49,000.00	₹0.00 (0.00%)

Gold Price (Precious Metals)

Location	Live Rate	Opening Rate	Change
Chennai	₹128,730.00	₹128,730.00	₹0.00 (0.00%)
Mumbai	₹127,800.00	₹127,800.00	₹0.00 (0.00%)
Delhi	₹125,650.00	₹125,650.00	₹0.00 (0.00%)
(other cities listed)	same	same	₹0.00 (0.00%)

Silver Price (Precious Metals)

Location	Live Rate	Opening Rate	Change
Chennai	₹182,000.00	₹182,000.00	₹0.00 (0.00%)
Mumbai	₹172,000.00	₹172,000.00	₹0.00 (0.00%)
Delhi	₹172,000.00	₹172,000.00	₹0.00 (0.00%)

• Raigarh and Raipur saw notable strength in semi-finished and scrap — Raigarh (MS Semi) +1.45%, Raigarh (Scrap) +1.35%, Raipur (MS Semi) +1.14% — upstream buying visible.

• Ghaziabad and Kanpur posted intraday gains for billets (Ghaziabad +1.33%, Kanpur +1.05%) indicating dealer restocking.

• On the downside, Kolkata showed weakness in finished coils — CRC -1.85% and HRC -2.13% — a meaningful local correction to watch.

• Most branded TMT and precious metal SKUs were unchanged vs opening — market calm in finished branded products.