DI Pipe Demand Surges Amid Infrastructure Resumption, Prices Hold Steady

Key Takeaways

• DI Pipe Demand Up: States like Maharashtra and Karnataka resuming infrastructure projects has led to a surge in DI pipe demand.
• Stable Supply, No Price Hike: Despite rising demand, DI pipe prices remain unchanged, with manufacturers offering bulk orders at discounted rates.
• Strategic Procurement: Buyers should act soon to secure pipes at current rates before potential price increases.
• Industry Expansion: Jindal and JSW’s investments in steel capacity and green steel are boosting industry output.
• New Product Launch: Prayag Polymers introduces a new range of high-pressure PVC-O pipes for water distribution and industrial use.

Pipes Price

• 100mm K7 DI Pipes: Rs 1200-1250
• 100mm K9 DI pipes: Rs 1400-1450

ERW:  

• 25nb - 100 nb: Rs 55,000 (ex Raipur secondary market)
• 25nb - 100 nb: Rs 61,000 (ex Raipur primary market)

The current price of HDPE (High-Density Polyethylene) 

• Polymer Grains cost : Rs 93/ kg
• Conversion cost : Rs 10/ kg

Pipes Supply-Demand

The DI pipe market is witnessing a sharp rise in demand as multiple states, including Maharashtra, Madhya Pradesh, Telangana, and Karnataka, resume halted infrastructure projects following partial fund releases. This surge in demand is putting upward pressure on procurement activity, while supply remains stable with manufacturers fulfilling large bulk orders at discounted rates. Despite the growing demand, prices are yet to be revised upward, indicating a temporary supply cushion. However, with project execution gaining momentum, this balance may tilt soon, potentially leading to price escalation in the coming weeks.

Pipes News

• Jindal (India) Plans to Invest INR 15,000 Crore to Expand Its Steel Capacity in Odisha

The promoters of the company have proposed a significant investment of INR 15,000 crore in Odisha with the goal to expand its steel production capabilities in the state.

• Prayag Polymers Launches PVC-O Pipe Range for High-Pressure Water Applications

The company has launched a complete range of PVC-O (Oriented Polyvinyl Chloride) pipes at Prayag’s ISO-certified plant in Bhiwadi, Rajasthan, designed for high-pressure water distribution, irrigation and industrial applications.

• JSW To Set Up 10 Million TPA Green Steel Capacity in Maharashtra Worth INR 50,000 Crore

The upcoming facility, part of a brownfield expansion at JSW’s plant located in Salav village of  Raigad district in Maharashtra, will primarily serve the European market.

• Siddaramaiah urges Centre to expedite stalled irrigation projects, stresses importance of agriculture support

Karnataka CM highlights delays in Mahadayi project, commits over Rs 25,000 crore to irrigation, and announces subsidies for agricultural equipment.

Expert Verdict

The DI pipe market is currently in a favourable phase for buyers, with manufacturers offering heavy discounts amid a surge in demand driven by partial fund releases from MJP, MP, and renewed project activity in Telangana and Karnataka. Despite the uptick in demand, prices have not yet increased, presenting a strategic window for contractors to secure material at competitive rates. Given the dynamic trend indicating a gradual price rise in the near future, early procurement is strongly advised to capitalize on current market lows.