India: APL Apollo hikes pipe prices by INR 2,500/t ($34) for Apr '21

India: APL Apollo hikes pipe prices by INR 2,500/t ($34) for Apr ’21

India’s leading branded structural steel tubes producer-APL Apollo Tubes Limited, has increased pipe price by INR 2,500/t to INR 60,000/t ($817) FoR Chattisgarh, effective from today. This is the first price hike made by the company for Apr ’21 sales. Meanwhile, the current offer for the base grade (25-125 NB, 2.2-6 mm thickness) stands at INR 62,250/t (exy-Mumbai) and INR 61,000/t (exy-Delhi). The company has raised pipe prices following a hike in flat steel prices amid limited supply.


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