Stainless Steel Tubes & Pipes, SS Pipe and Tubes, Tube mill, Pipe Mill, Extrusion and Pilgering Process, Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Production Schedule, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis
Stainless steel pipes & tubes are used in petrochemicals, fertilizers, dairy industries power stations and nuclear plants. Other corrosion resistant applications as of food processing industry are also significant users. These pipes are used extensively by Nuclear Fuel Corporation.), steel tubes industry was poised for a 30% growth in the wake of a growing demand in the infrastructure construction sector, mainly in scaffolding in buildings. The sector has grown dramatically in the recent past at a record 20% growth owing to several infrastructure projects lined up by the government and the private sector.
The steel tubes and pipes industry witnessed demand from various domestic industries like real estate, construction, telecom, power, energy, entertainment zones, metros, airports and ports, etc. Key policy-led initiatives suchas the urban infrastructure programme under Public Private Partnership also proved to be a shot in the arm.
The market environment for stainless steel tube & pipe is challenging at the moment. Whilst the outlook for the automotive industry and building & construction remains mostly positive, significant cutbacks can be expected for tube & pipe for industrial applications as a result of very low project activity, especially in the oil & gas industry.
The demand of Stainless steel pipes& tubes is majorly driven by the growing and expanding oil and gas industry, exploration and production of oil and gases and exponentially growing automobile industry in growing economies. The market is anticipated to grow at the back rising demand and unmet opportunities in the developing nations of the world.
Government’s Make in India programme will help in increasing stainless steel demand in the country. The government and the private players to generate steel demand in the country and give push to developments in areas like ports, civil aviation, urban infrastructure and others.
Stainless steel production share is more than 4% of the total steel production in India as compared to less than 2.5% globally. There are over 400 grades of stainless steel for the diverse range of end use applications. In India, the dominant demand is from the utensils and kitchenware application segment, as high as 65%, adding the industrial applications constitute about 35% of the overall demand.
Stainless Steel is a common name for metal alloys that consist of 10.5% or more Chromium (Cr) and more than 50% Iron (Fe). Stainless steel does not readily corrode, rust or stain with water as ordinary steel does. Stainless steel pipes are used in petrochemicals, fertilizers, dairy industries power stations and nuclear plants. Other corrosion resistant applications as of food processing industry are also significant users. Steel pipes are primarily of two types, seamless and welded. Seamless pipes and tubes are used in both oil and non-oil sectors in a wide range of applications as line pipes, casing pipes, production tubings, and drill pipes. Oil sector absorbs nearly 60% of seamless pipes, while some 30% are consumed by bearings and boiler manufacturers.
Steel tubes industry is poised for a 30% growth in the wake of a growing demand in the infrastructure construction sector, mainly in scaffolding in buildings. The sector has grown dramatically in the recent past at a record 20% growth owing to several infrastructure projects lined up by the government and the private sector. The 200 series of stainless steel developed in India has potential in every developing country including value added products like pipes and tubes and kitchen utensils. India also has good facilities for stainless steel long products like bars, wire rods and wires which have good prospects in Europe, USA and South East Asian region.
Few Major Players are listed below:
C S T Valinox Ltd.
Choksi Tube Co. Ltd.
Interfit Techno Products Ltd.
Kinjal Metals Ltd.
Neeka Tubes Ltd.
Prakash Steelage Ltd.
Ratnamani Metals & Tubes Ltd.
SurajChemtech Ltd.
Tubetec Seamless Ltd.
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