MS ERW Round Pipe
MS ERW (Electric Resistance Welded) round pipes are produced from the steel plates through the tube mills using a high-frequency induction welding technology an...
MS ERW Round Pipe (Primary HRC) 2.2-6mm in Bangalore
₹60,500/MT
9%
1 day ago
Pan India Delivery
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Market Reports
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DI & MS Pipe Prices at Record Lows; Demand Gains Momentum Amid State Fund Releases
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.
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DI Pipe Prices Expected to Rise in January; Potential Coil Duty Hike to Impact ERW Costs
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.
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Pipes Market Struggles Amid High Inventory and Low Demand
The pipe market faces significant challenges with low demand and high inventory levels. Prices for DI and MS pipes have hit record lows, and primary manufacturers are struggling with unsold stock. In contrast, strategic opportunities exist for major buyers like government PSUs. Contractors are advised by experts to secure stock amid project delays.
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