Tata Steel TMT Bar Price - How Price Fluctuations Affect Small-Scale Contractors?
Tata Steel TMT Bar Price
The TMT steel bars are widely used in the construction industry due to their properties like high strength, ductility, stress-bearing capacity, durability and superior bonding with concrete. The constant fluctuations in the prices of TMT bars impacts small-scale businesses and contractors in different ways.
The TMT bars are manufactured using the Thermo Mechanical Treatment process. This process gives the bars a hard outer layer and a soft inner core. It also gives the bars their unique properties.
Impact of price fluctuations
● When the price of the TMT bars rises the small-scale businesses and contractors find it difficult to adjust their project estimates and contracts. If the client does agree to pay for the increased costs then the profit margins will shrink and it will affect the business’s financial health.
● The TMT bars form a significant part of...