India’s leading branded structural steel tubes producer- APL Apollo Tubes Limited, has increased pipe price by INR 500/t to INR 60,000/t ($822) FoR in Chhattisgarh, effective from today. This is the second price hike made by the company in Jan ’21. Meanwhile, the current offer for base grade (25-125 NB, 2.2-8 mm thickness) stands at INR 62,250/t (exy-Mumbai) and INR 62,000/t (exy-Delhi). The company has raised pipe prices following a hike in raw material costs and limited supply.
Leave a Reply