With developments being made all over Telangana, the real estate sector as well as the infrastructure sector is foreseeing a rapid growth. The money flow for investing into real estate and infrastructure also increased. The urbanization is spreading widely across Telangana and especially in Hyderabad with the Regional Ring Road falling in. Considering these, there can be an increase in the demand for Steel (TMT Bars) and many players in the market are ready with their supplies to catch up the demand. But the question comes is “What is that the consumer should look after before buying steel (TMT bars) in Telangana?”
In Telangana, the consumer set for TMT bars is basically divided into the small, large builders, infra contractors as well as the individual house builders. For small builders, the price is the main factor of influence, as they construct the building at very a low cost. For Large Builders and infra contractors, the quality also gets into the loop, as they need to maintain the standards and need to build high rise building. For the individual house builders (IHBs), the Brand which is suppling steel also gets into. For every segment of buyers, there are many influencing factors and also people who influence them, come in, to make them buy the steel in Telangana. Especially in IHB segment, the consumers who build their houses once or twice in their lifetime, needs everything best for his house. For them, the local mason, who has taken the contract to construct their house or the Engineer who is designing the structure or the Dealer who is selling the TMT bars to the consumer are the influencing people for them.
As to introduce a TMT bar with decreased chemical content like high Sulphur and Phosphorus, the manufacturers came up with 500D and 550D products, where “D” represents ductility. Many national players like Tata, JSW, JSPL, RINL use a special technology called LRF (Ladle refining furnace) to decrease these chemicals, and make 500D/550D TMT steel bar. Out of all the grades, the 550D grade of steel gives higher strength, Bendability, durability, weldability and also a High Ductile product. Considering the price, it costs a little higher than the 550 grade steel, as additional technology is incurred to make it. Rs.8-12 Sqft can be the difference, which is a No-issue factor for a house lasting many decades. The 550D Grade steel can be considered as a Perfect TMT bar and LRF is the must technology to manufacture these TMT bars. Now, if any consumer wants to buy a steel bar in Telangana, he/she needs to look for a 550D grade material and if it is a 550D grade steel, check whether the brand manufacturing it has the technology called “LRF (Ladle Refining Furnace)” or not.
