Welcome to CostMasters Website

Cost Masters Do you wish to know the latest raw material prices in India & keep a tab on raw material price trends be it Steel, Stainless Steel, Aluminum, or Copper? The cost of raw materials weighs heavily on the profitability of any business. If you are looking to make data-driven decisions, you will not have to look elsewhere. Welcome to Cost Masters, your one-stop platform for raw material prices in India. Reduce your risk and ensure compliance with the most advanced price index in India.


CostMasters Consulting Services operates as a research, outsourcing, and consulting service provider in India. We empower your decision-making with the latest price index. We aim to help you streamline procurement costs and increase your profitability in every project you undertake. We eliminate error-prone manual work from decision-making and let your organization reduce expenses. Focus on growing your business and it's core activities as we take care of your procurement decisions.

We are a team of highly dedicated, experienced & qualified professionals of respective domain areas to serve you in managing costs. At CostMasters, we are 100% dedicated to positioning procurement at the heart of business performance. In anything we do, we put empathy for your business, fact based approach, and data based analysis & measurable results.

Up-to-Date Raw Material Prices

From the latest steel prices chart in India to those for other ferrous and non-ferrous metals, we are the one-stop platform for the latest metal prices in the country. We are the most trusted platform in India for steel price forecasting bringing to you the latest prices from PSUs and private steel manufacturers in the country. You can find the latest steel price index in India on our platform and compare them to the historical prices.

We don’t stop at metals. Talk of the latest prices of plastics, minimum wages, fuel, electricity, rubber, and even minimum wages, we have covered it for you. Don’t worry about the latest currency exchange rates, you can track the latest prices to help you improve your project management. Our team is committed to letting you make better sourcing decisions.

Work With Experts

We have domain expertise in Product Cost Management services including Raw Material Price Tracking, Spend Analysis, Sourcing Services, and designing best-in-class Procurement processes that revolve around profitability for you. We cater to the automotive, auto ancillary, and other engineering goods industries. We keep the clutter away and keep you informed on the prices that matter the most to your business. Our easy-to-ready price reports help you track the price trends easily.

It requires more than just tracking numbers to help you with decision-making. We are a team of highly dedicated, experienced & qualified professionals of respective domain areas to serve you in managing costs. At CostMasters, we are 100% dedicated to positioning procurement at the heart of business performance. In anything we do, we put empathy for your business, honesty, a fact-based approach, and data-based analysis & measurable results.

Simplifying Procurement

At CostMasters we understand the tedious process of procurement where you must keep track of raw material prices. We make it easy for you by offering you the latest raw material price for you to take advantage of the price volatility in the market, optimize and bring down your product cost. From micro to macro factors governing the prices of steel and other raw materials, our sole aim is on letting you have a bird’s eye view of the price trends in the market.

Whether you are looking for the current steel prices in India or want to keep track of the scrap price in India, we offer you the latest prices with our tracking tool. As a part of our core aim, we help you make the right decision and take advantage of the volatility in the market, apart from offering information on current steel prices in India. By activating our data-driven procurement solutions you can minimize supply chain disruption.

Speed up your decision-making with instant reports that let you make rewarding operational and financial decisions. Eliminate ambiguity in your part price indexation process and ensure data driven decisions to arrive at the right cost.

Sign up for our Raw Material Price Tracking & Strategic Sourcing Services to make the best decisions based on the latest steel and other raw material prices in India. For any other queries get in touch with our team today.

Commodities We Track for Indian Market

Non-Ferrous Metals

  • SS-304
  • SS-316
  • SS Scrap – 304
  • SS Scrap – 316
  • Copper – Intl
  • Copper Cathode
  • Copper Open Mkt
  • Copper Scrap
  • Aluminum – Intl
  • Aluminum – Balco
  • Al CG Ingot
  • Aluminum Scrap
  • Nickel – Intl
  • Nickel Domestic
  • Lead – Intl
  • Lead – HZL
  • Zinc – Intl
  • Zinc Domestic
  • Tin – Intl
  • Brass Sheet
  • Brass Scrap
  • Al – ADC 12
  • Al – GDC Shot Charges
  • Al – Alloy Rod – AA6201
  • Al – Alloy Rod – AA8176
  • Al Ingot A356.2
  • Manganese
  • Chromium
  • Silicon
  • Magnesium
  • LM 2
  • LM 6
  • LM 13
  • LM 24
  • ALSI 132
  • Gold 24 Carat
  • Silver

Ferrous Metals

  • CR Coil
  • HR Coil
  • MS Flat
  • MS Angle
  • MS Channel
  • Pig Iron
  • Ingot Round
  • Ingot MG
  • Casting Scrap
  • Turning Scrap
  • SG Iron 500/7
  • G. Cast Iron GG25
  • MS Round – 20.64 – 55Si7
  • MS Round – 40 mm – SAE 1018
  • Wire Rod – 7 mm
  • GPSP Sheet 1mm
  • SAPH - 440

Plastics

  • Nylon SRF – 6
  • Acrylic
  • PVC – Reliance
  • ABS
  • PP – Reliance
  • PP – 110
  • PE – LDPE
  • PE – HDPE
  • HIPS
  • Nylon 66
  • PE – LLDPE

Ferro Alloys

  • Ferro Silicon
  • Ferro Chrome LC
  • Ferro Chrome HC
  • Ferro Mn HC
  • Ferro Mn MC
  • Ferro Moly
  • Ferro Titanium

Rubber

  • Natural Rubber
  • Nitrile JSR
  • Synthetic SBR

Currency & Banking

  • USD vs. INR
  • Euro vs. INR
  • JPY vs. INR
  • Yuan vs. INR
  • Pound vs. INR
  • Base Rate Lower
  • Base Rate Upper
  • CPI – General Index
  • WPI – All Commodities Index
  • IIP – General Index
  • GDP

Fuel & Energy

  • Crude Oil
  • Furnace Oil
  • Propane Domestic
  • Propane – Intl
  • Diesel – Mumbai
  • Diesel – Delhi
  • Diesel – Chennai
  • Diesel – Kolkata
  • Coke
  • Electricity – Punjab
  • Electricity – Maharashtra
  • Electricity – Haryana
  • Diesel – Punjab

Manpower


Minimum Wages
  • Punjab
  • West Bengal
  • Tamil Nadu
  • Maharashtra
  • Haryana
  • Uttar Pradesh