MS ERW Square Hollow Section
MS ERW square hollow section is a type of hollow cross-section with a finished flat surface. It is majorly used for joints, welding, and any work that requires ...
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Market Reports
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Pipe Market at a Turning Point: Stabilized Prices, Rising Demand & Key Industry Developments
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.
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Pipe Market Update: Price Trends, Supply Outlook & Key Developments
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.
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Pipes Prices Surge as Manufacturers Revise Quotes; Jal Jeevan Mission Extension to Drive Growth
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.
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Pipe Prices Stable; Rising Demand for DI, MS & ERW Pipes Amidst Government Funding Releases
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.
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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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Slowdown in Pipe Demand Due to Jal Jeevan Mission Fund Delays
The pipes market is currently facing a slowdown due to delays in releasing funds for the Jal Jeevan Mission, which has caused contractors to pause supplies to project sites. Despite this, prices for pipes like 100mm K7 DI and ERW remain stable. Meanwhile, Tata Steel's warehouse in Jamshedpur has achieved a Net Zero Energy certification.
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Pipes Market Faces Liquidity Challenges; Demand Expected to Surge in December
Pipes prices remain steady, with fluctuations in HDPE and ERW pricing. Demand across key regions like Uttar Pradesh, Madhya Pradesh, and Gujarat is slow due to delayed government payments. In Maharashtra, progress is expected to resume in December. The sector is facing liquidity issues, but demand could surge as contractors push to meet targets.
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Market Reports
Pipe Market at a Turning Point: Stabilized Prices, Rising Demand & Key Industry Developments
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.
Read Story
Pipe Market Update: Price Trends, Supply Outlook & Key Developments
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.
Read Story
Pipes Prices Surge as Manufacturers Revise Quotes; Jal Jeevan Mission Extension to Drive Growth
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.
Read Story
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