The water and irrigation projects to be undertaken by the Government of India will benefit the HSAW, ERW and DI pipe manufacturers.
Oil & Gas
The Government is in the process of releasing its Shale Gas Policy. On the implementation of this policy, it would mean requirement of pipes with a larger diameter, benefiting SAW pipe manufacturers.
Due to the consistent demand of consumers for a variety of car models, commercial and heavy-duty vehicles, a high volume demand for steel tubes and pipes is expected.
There has been a high demand of ERW steel pipes due to the boom in infrastructure (e.g. new airports, metro lines, new age buses, telecom towers, pipelines and entertainment malls).
Electrical Resistance welded (ERW) steel pipes and tubes act as protection for cables. Both ERW steel pipes and tubes and seamless tubes are also suitable for telecom towers.