Jamshedpur Iron Rates

Jamshedpur, also called Tata Nagar is home to Tata Steel. Tata Steel was earlier called Tata Iron and Steel and had started producing pig iron in the year 1911 and steel in the year 1912. Jamshedpur is named after Jamshetji Tata and is known for its iron and steel industry. It is the first planned industrial city of India and has the largest iron and steel plant of India called Tata Steel. The Tata Steel plant or the erstwhile Tata Iron and Steel plant was set-up as India’s first private owned iron and steel plant in the early 1900s. Since then, Jamshedpur has been one of the largest producers of iron and steel products in India, producing both semi-finished and finished goods on a large scale. The iron and steel products from Jamshedpur are known for their high grade quality.

Jamshedpur Iron Industry

Jamshedpur is at a distance of 75 to 100 km from two regions that are abundant in high grade iron ore. Even coal is easily available near Jamshedpur thus due to the easy availability of raw material, Jamshedpur was chosen as the site for Tata Steel plant. The plant uses iron to produce high quality iron and steel products that support a wide range of industries from railways to manufacturing, from road and infrastructure to heavy engineering. Iron and steel products from Jamshedpur are used in the agriculture industry, power industry and construction industry as well.

Jamshedpur Iron Trading

Jamshedpur iron is known for its durability and robustness. The prosperous iron and steel industry of Jamshedpur have accorded the city a status of utmost importance especially when it comes to trading iron stocks or steel stocks. Investors can monitor Jamshedpur iron prices and steel prices and keep track of market situation to capitalize on best moments to trade.

Jamshedpur Iron Rates

Investors can use trade magazines, journals, market news and the internet to regularly monitor the movements of Jamshedpur iron rates and prices. On the internet, Bigbits.in serves as a reliable partner to any investor looking for the most updated information about commodity markets, iron rates, loha prices, steel rates and global market news. The website is free to use and has the most recent information so that investors can monitor the iron rate movements regularly and gain insights about the commodity markets. In addition to the website that has all the updated information, an investor can also subscribe for the Bigbits Rate Tracker that sends real time rate updates to investors via SMS.