India’s leading producer of structural steel tubes and sections – APL Apollo Tubes Limited has increased pipe price by INR 1,000/t to INR 39,500/t ($526); exw in central India, Chhattisgarh for Aug ’20. Following hike in flat steel prices, the company has raised pipe prices. The company holds 40% market share in India’s structural steel tube sector with sales volume of 1.6 mn t in FY ’20.
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