India: APL Apollo raises pipe price by INR 1,000/t ($14)

APL Apollo Tubes Limited has increased pipe price by INR 1,000/t to INR 49,000/t ($667) FoR in Chhattisgarh w.e.f today, SteelMint learned from market sources. Meanwhile, current offers for base grade (25-125 NB, 2.2-8 mm thickness) stands at INR 51,250/t (ex-Mumbai) and INR 51,000/t (ex-Delhi). The company has the capacity to produce 2.6 mn t pa tubes and sections.


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