Intel Details

India: APL Apollo slashes pipe prices by INR 2,000/t ($27)

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19 Jun 2021, 10:54 IST
Steel Mint Intel

The country's leading branded structural steel tubes manufacturer, APL Apollo Tubes Limited has reduced pipe prices by INR 2,000/t($27) to INR 69,000/t ($975/t), FoR Chhattisgarh, effective from 19 Jun '21for June deliveries. This is the first price reduction announced by the company this month. Meanwhile, the current offer for base grade (25-125 NB, 2.2-6 mm thickness) is at INR 71,250/t, exy-Mumbai, and INR 70,000/t, exy-Delhi. The company has cut pipe prices owing to low sales.

19 Jun 2021, 10:54 IST
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