Steel Pipes and Tubes » Steel Pipe Industry

Pipe of all types and sizes is critical in building, construction, chemical, energy, and other industrial applications. The pipe industry is expected to experience considerable change and varying growth rates in these uncertain economic times. The global export market of the steel pipes is stated to be close to $27 billion a year with the US, Western Europe, Australia, and Japan being the biggest importers. India is one of the major exporting nations including Indonesia, Malaysia and Thailand.

Steel pipe industry in India consists of firms mainly engaged in manufacturing seamless or welded steel pipes or tubes or ferrous metal pipe or tube fittings. The five primary steel producers in India are, namely Steel Authority of India (SAIL), Tata Iron and Steel, Jindal Vijaynagar Steel (JVSL), Essar Steel and Ispat Industries. Major industry bodies like the Corsma, the All-India Cycle Manufacturers' Association (AICMA), the Federation of Industries of India, which represent the tubes and pipes makers and a large number of white goods makers, have joined hands to sort out the matters concerning the future of steel pipe industry.

The building & construction industries along with the oil & gas sector are the major marketplaces for pipe. With the construction market booming and further development of new markets for steel pipes ranging from commercial framing to water pipes, the future of steel tubing industry certainly looks bright. Significant consolidation and rationalization of excess capacity has occurred in some segments, while cost containment and improved process and quality control measures have led to productivity gains and quality improvements across the entire pipe industry.