DI and ERW Pipe Prices Slide Amid Monsoon Slowdown, Bulk Discounts in Play

Key Takeaways

• Price Trends Across Segments: 100mm K7 DI pipes now cost ₹1160–1200, while K9 grade stands at ₹1300–1350; ERW pipe prices are down to ₹54,000–₹60,000/ton (ex-Raipur).
• DI Pipe Market Correction: DI pipe prices have dropped 15–20% due to poor cash flow and delayed infra projects during the monsoon.
• ERW Pipe Market Pressure: ERW/MS pipes face slow inventory turnover and buyer pushback, prompting primary manufacturers to offer aggressive discounts.
• Policy and Investment Developments: Government revises steel procurement norms under new policy; SAIL announces ₹7,500 Cr capex; MAN Industries bags ₹1,150 Cr export order.
• Expert Insight: With prices at cyclical lows, contractors are advised to secure orders now before post-monsoon demand recovery triggers a price rebound.

Pipes Price

DI Pipes: 100mm K7 DI Pipes: Rs 1160-1200, 100mm K9 DI pipes: Rs 1300-1350

ERW: 25nb-100 nb: Rs 54000 (ex raipur) secondary market, 25nb-100 nb: Rs 60,000 (ex raipur) primary market

HDPE (High-Density Polyethylene):
1. Polymer Grains cost : Rs 80/ kg
2. Conversion cost : Rs 10/ kg

Pipes Demand & Supply

• The DI (Ductile Iron) pipes market is currently witnessing a significant price correction, with rates down by approximately 15–20% from recent highs. This decline is primarily driven by low cash flow across the sector and the onset of the monsoon season, which is hampering site activity and delaying ongoing infrastructure projects. 
• Many contractors are refraining from fresh procurement due to project halts, resulting in subdued demand across regions.
• On the ERW/MS (Mild Steel) pipe front, the market is also under pressure. Weak demand trends have led to a softening in prices. Buyers are negotiating harder, and inventory turnover is slower than usual.
• In response to this downturn, major manufacturers such as TATA, Rungta, and Electrosteel are offering aggressive discounts on bulk orders to maintain sales volume and push inventory before demand further weakens with deeper monsoon impact.

Pipes News

• MAN Industries receives pipe export order worth INR 1,150 crore. It will supply different types of pipes to an international customer. Work is expected to be completed within the next 6-12 months.
• The Indian government has revised its Domestically Manufactured Iron & Steel Policy 2025 by introducing a stringent ‘melt and pour’ norm, impacting steel procurement for public sector and government infrastructure projects.
• SAIL announces INR 7,500 Crore capex for FY25-FY26. It aims to increase its crude steel production capacity from current 20 million mt to 35 million mt by 2035 through brownfield and greenfield expansions, including debottlenecking efforts.

Expert Opinion

With DI pipe prices at a cyclical low, driven by early monsoons, muted demand, and delayed payment releases from government bodies, the market is currently in a buyer-friendly phase. Manufacturers are offering steep discounts, and price levels are unlikely to sustain once fund flows resume. For contractors and procurement teams with upcoming requirements, this is a strategic window to book in advance and lock in lower rates before prices rebound.