India: APL Apollo slashes pipe prices by INR 2,500/t ($34)s by $34/t

India: APL Apollo slashes pipe prices by INR 2,500/t ($34)

Leading structural steel tubes manufacturer, APL Apollo Tubes Ltd, has reduced pipe prices by INR 2,500/t ($34) to INR 65,500/t ($874/t) FoR Chhattisgarh, effective from today for Jul ’21 deliveries. This is the first price reduction by the company this month. The current offer for base grade (25-125 NB, 2.2-6 mm thickness) material is at INR 67,750/t exy-Mumbai and INR 67,500/t exy-Delhi. APL Apollo has reduced pipe prices owing to low sales and sluggish demand.


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