Construction material prices

[JollyRogers]

Effective 24-March, cost of Indus Steel is 60k!!!! Steel Prices are just Sky rocketing!

[sk1976]

I just checked with a steel trader on today's price. Indus seems to be way ahead of other brands, but following are still available at a lower price

Chamundi ->53000
Prime Gold ->55000

[m3_07]

There is nothing so good about Indus, barring their ad campaigns. Being a 415 grade Iron, it is not a ORE STEEL....it is still a RE ROLLED steel. Infact, when the grading was done at some of the labs, the Fe grade was much less than 400. Prime gold is also a re-rolled steel, though at 500 grade.

[sk1976]

I checked the test report of primeGold TMT and they say their steel is from ore(billet) and they have also compared with other brands here http://www.primegoldgroup.com/downloads/report/test-report.pdf

[m3_07]

No company claims that their steel is "re rolled". Howeevr, the reality is that they are re-rolled. from the Karnataka industries, only BMM has a completely integrated steel plant, where the steel is ore steel. There are many of steel makes in the north, where the steel is ore steel.

[dev13]

if the price difference is not much one can go for Fe500 from reputed national brand like Tata Tiscon, why go for local/smaller brands like Indus or Prime Gold?

I heard Indus has been facing power shortages in TN plant, hence their price went up.

For my project under construction I went for Tata Tiscon Fe500.

[JollyRogers]

Today's Price list of some items: (17-Apr-12)
Indus Steel - 57k
Meenakshi Steel - 52K
20 mm Jelly Stone: 20 Rupees per cft
ACC Cement: 322 per bag.

[BengaluruBoy]

Thanks for sharing the info, JollyRogers

[m3_07]

additional update -

ISI steel (Ex Indus/ TISCON) - 50.5K

Any idea if the birla super prices have reduced??

[pradeepecr]

Hi JollyRogers,

Your update is useful. I'm starting construction couple of weeks. I will be getting quote from my contractor soon.

Thanks,
Pradeep