India: APL Apollo could raise pipe prices by INR 1,000/t ($14)

India’s leading producer of structural steel tubes and sections – APL Apollo Tubes Ltd. to increase pipe prices by INR 1,000/t w.e.f 12th Oct’20, SteelMint learned from industry sources. Meanwhile, current offer for (25-125 NB, 2.2-6 mm) is at INR 45,000/t ex-Raipur. The company has a capacity to produce 2.5 mn t pa tubes and sections.