DI Pipe K7 in Chaibasa

The pipes market is experiencing strong demand, driving up ERW/MS pipe prices by Rs 2-3 per kg. DI pipe manufacturers are running at full capacity to meet procurement needs for pending projects but have maintained stable pricing to ensure timely dispatches. Experts advise contractors to finalize orders this week to avoid potential supply bottlenecks.

The pipe market is witnessing strong demand as contractors rush to finalize procurement before the financial year-end. DI pipe manufacturers are fully booked, while liquidity and order flow remain high. Despite the surge, prices have remained steady to ensure smooth supply. Experts advise contractors to place pending orders soon, as next week is expected to be congested with supply and dispatch operations.

As the financial year-end nears, pipe prices are rising due to increased demand from contractors finalizing projects. Major manufacturers like Jindal and Electrosteel have secured large orders, tightening supply. Meanwhile, Maharashtra’s contractors threaten to halt work over unpaid dues, potentially impacting infrastructure projects. Experts predict a surge in pipe prices by late March as demand peaks.

Ductile Iron (DI) pipe prices have likely hit their lowest point, with major manufacturers adopting aggressive pricing strategies. Demand is expected to rise, but delays in government fund disbursements continue to impact project execution.

Steel and polymer prices remain stable despite slow fund flows, but market activity is expected to pick up in February-March, potentially driving pipe prices higher. Manufacturers have started increasing rates due to a slight demand surge. Key policy updates, IPO movements, and government regulations on steel quality are shaping the market.

DI and ERW pipe prices have increased as manufacturers revise quotes, with further hikes expected. Demand has picked up since mid-February, driven by seasonal trends and government project activity. The Union Budget 2025-26 has extended the Jal Jeevan Mission, allocating Rs 67,000 crore for clean water access. With rising demand, contractors should act before further price increases.

Pipe prices remain stable, with DI, MS, and ERW seeing increased demand as government funds start flowing in Rajasthan and Madhya Pradesh. The Jal Jeevan Mission missed its 2024 target, pushing completion to 2025. Experts suggest locking in purchases now before expected price hikes in March.

The pipes market is experiencing increased demand driven by state fund releases in Rajasthan and Madhya Pradesh, with Maharashtra expected to follow. Prices remain at record lows, benefiting buyers. Experts advise contractors to book now to lock in low prices and avoid future delivery delays. Notably, India’s gas pipeline network is set for a 10,805 km expansion.

Current prices for 100mm K7 DI pipes range from Rs 1,340 to Rs 1,380, while ERW pipes are priced at Rs 58,000/mt (ex-Raipur). The industry faces sluggish demand due to delayed payments and inventory buildup, but fund releases in key states may drive demand and price recovery by early 2025.