India’s leading manufacturer of welded pipes and tubes, Tata Steel Limited (Tubes) has increased structural pipe prices by INR 2,500/t ($34) for the first time in Jun ’21. The current offer is assessed at INR 74,000/t ($1,014), FoR Jamshedpur (eastern India), effective from today. The increase in pipe prices can be attributed to higher flat steel prices. The company is planning another hike of INR 2,500/t ($34) by 15-20 Jun, sources told SteelMint.
Leave a Reply