The country’s leading branded structural steel tubes manufacturer, APL Apollo Tubes Limited, has increased pipe prices by INR 2,000/t to INR 71,000/t ($975/t), FoR Chhattisgarh, effective from 7 Jun ’21. This is the first hike announced by the company this month. Meanwhile, the current offer for base grade (25-125 NB, 2.2-6 mm thickness) is at INR 73,250/t, exy-Mumbai, and INR 72,000/t, exy-Delhi. The company has raised pipe prices following a hike in flat steel prices.
Leave a Reply