Impact Of TMT Bar Prices On Small-Scale Constructions
Economic Sustainability is an integral aspect of successful construction projects. However, India's rising inflation index contradicts the idea of affordability. Fluctuating prices of metal, chemicals, and machinery have influenced TMT Bar Prices in India with time. If you are a Small-Scale Construction Contractor, economic Sustainability must be your top priority. As a TMT Saria Manufacturer in Bihar , you need to observe how your product prices might influence a contractor's project cost. Continue reading this blog to understand how TMT Bar Prices can impact your small-scale constructions. Current Status of Steel Consumption in India Rising demand for construction has increased steel consumption in India. Domestic finished steel consumption grew 13% to 136 million tonnes in FY 2023-2024. Demand for high-storeyed residential and commercial buildings has encouraged the use of highly resilient TMT Bars. Consistent price rises have repressed consumption demand for ...