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Current TMT bar rates in Chennai from all major brands. Fe500D and Fe550D grades. Wholesale price for bulk orders. Updated daily by BuildingNeeds.
| Brand | Fe550D / kg | Fe500D / kg | Details |
|---|---|---|---|
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Both grades carry BIS IS:1786 certification. The correct grade is specified by your structural engineer based on the building design.
| Property | Fe500D | Fe550D |
|---|---|---|
| Yield Strength (min) | 500 N/mm² | 550 N/mm² |
| Tensile Strength (min) | 545 N/mm² | 585 N/mm² |
| Elongation (min) | 16% | 14.5% |
| Best use | Residential — G+1 to G+3 | Commercial — G+4 and above |
| Price difference | Base rate | +₹2–₹4 per kg |
TMT steel prices in Chennai change daily based on several factors:
| Factor | Impact on Price |
|---|---|
| Iron ore & scrap cost | Main raw material — rises in price push TMT rates up |
| National steel demand | Infrastructure projects and real estate boom raise demand |
| Fuel / transport cost | Higher diesel prices increase delivery and manufacturing costs |
| Import / export policy | Government duties on steel imports affect domestic supply |
| Seasonal demand | Construction peak (Oct–Mar) typically pushes prices higher |
| Brand premium | Tata, Vizag carry 5–10% premium over local Tamil Nadu brands |