India is currently among the top three consumers of steel in the world. Close to 10 per cent of the steel consumption is in the form of pipes. Its primary consumption is in the oil and gas sector. With the increasing push towards industrialization, there is a parallel increase in the demand for steel pipes and tubes. One of the significant advantages of steel pipes is that they can be used for the transportation of gas & liquid in the industry. Pipelines are also the economical mode of transport as compared to roads and rail. The Indian government is encouraging the use of pipes as it will reduce the costs of transportation and assist the Oil Marketing Companies (OMCs) like HPCL, BPCL, IOC etc. to trim their under recoveries and the government will save in the form of lesser subsidy outgo. Other than oil & gas, the buoyant demand in the key user sectors like automotive, infrastructure, power, & chemicals, is expected to continue to provide a fillip and an optimistic scenario for the steel tube business in the country. Manufactured using low alloy or carbon steel, when it comes to selecting the right pipe, the inside diameter, ductility, yield strength, and pressure rating are some of the key factors that should be considered. Looking to tap into the emerging potential of the market, several players are vying for their share in the market and are producing more robust and customized pipes.
Having studied this market segment in-depth, we have come up with the list of Top 10 Steel Pipes and Tubes Manufacturers who have excelled in this field with their innovative approach. Having proven their dedication to quality and delivery in order to meet the customer expectations in an end-to-end manner, these companies have stood out from the crowd.
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