About Us
SteelPrice.Today provides the rates of iron and steel products from across India to the benefit of people involved in steel business. Known as Black Gold, Steel is a commodity that drives the industries and economy of any part of this world. Steel is an essential commodity and thus its price is determined dynamically by markets across the world.
There are many factors that determine the price of steel though its supply of raw material plays a major factor. Key ingredients are iron ore, industrial scraps, Coal and Power to operate the factories. Even a slight disturbance in its supply chain would impact the prices across the globe.
We at SteelPrice.Today collect information from various sources including but not limited to our own network, Internet, various forums and news portals. All these information are compiled in our portal and we process those information and publish in a way a normal steel trader/dealer or even a consumer can understand the impact.
At consumer level, the price fluctuation is minimal due to its stock availability and movement in dealer points. Hence we have made day old data for free. But, at the trader/ dealer level, fluctuation plays a major role due to its sheer volume of purchase. Hence we charge a small amount to ensure we make these data available as soon as possible.
Disclaimer:
We operate from India and all the rates provided in this website are in Indian Rupee.
Our job is to provide you the information that we have in our hand. Hence we advice you to be cautious to make your own decision considering local factors, and additional information available at your capacity. We do not hold responsible for your business decisions. Data available in this website is only for your reference.
By 2008, the iron ore prices surged to $60. Due to the surge in iron ore price, the benchmark pricing system struggled. Beijing took a lead role in price talks through the "China Iron and Steel Association(CISA)" that included former Chinese bureaucrats.
While we try to ensure the maximum accuracy of data available in this website, there are chances that prices of iron and steel products at different location, different brands vary for various factors. Hence please check the prices at your location with the manufacturer or supplier for the latest and accurate price.