The largest producer of structural steel tubes in India – APL Apollo Tubes Limited, has increased pipe price by INR 2,000/t to INR 59,500/t ($810) FoR in Chhattisgarh effective from today. This is the first 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 61,750/t (exy-Mumbai) and INR 61,500/t (exy-Delhi). Following a hike in flat steel prices, the company has raised pipe offers.
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