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Ms Pipe Price Trend and Forecast

  • Commodity Pricing

ms pipe Price Trends by Country

inIndia

ms pipe Pricing Trends in India: 

  • Northern India ms pipe market price trend
  • Southern India ms pipe market price trend
  • Central India ms pipe market price trend

Global ms pipe Price Trend, Analysis and Forecast​

According to PriceWatch, in Q2 2025, the Mild Steel (MS) Pipe market in India experienced a notable price increase. Prices rose by $730.76 per metric ton, Ex-Mumbai, reflecting a 3.54% growth compared to the previous quarter. This upward trend can be attributed to several factors, including rising raw material costs and increased demand from the construction and infrastructure sectors. Additionally, supply chain constraints have impacted production and distribution.

Also Read: Steel Wire Rod Price Trend And Forecast

India ms pipe Price Trend, Analysis and Forecast

According to PriceWatch, in Q2 2025, the Mild Steel (MS) Pipe market in India experienced a notable price increase. Prices rose by $730.76 per metric ton, Ex-Mumbai, reflecting a 3.54% growth compared to the previous quarter. This upward trend can be attributed to several factors, including rising raw material costs and increased demand from the construction and infrastructure sectors. Additionally, supply chain constraints have impacted production and distribution.

Also Read: Steel Wire Rod Price Trend And Forecast

MS Pipe Price Trend Analysis: Q1 2025

In the first quarter of 2025, MS (Mild Steel) Pipe India saw a moderate price increase of 705 per metric ton, Ex-Mumbai reflecting a 0.46% rise. This change aligns with broader market movements, where leading ERW pipe producers in Raipur raised prices due to an uptick in hot rolled coil (HRC) costs. Despite the price adjustment, the market has remained under pressure from high inventory levels and lukewarm demand, leaving many primary manufacturers with unsold stock.

However, the recent release of government funds in states like Rajasthan and Madhya Pradesh is expected to stimulate demand, especially for DI, MS, and ERW pipes, as contractors push to complete pending infrastructure projects. Overall, while the price hike is modest, it may be an early indicator of improving market conditions in the near term.

MS Pipe Price Trend Analysis: Q2 2025

According to the PriceWatch, In Q2 2025, the Mild Steel (MS) Pipe market in India experienced a notable price increase, with prices rising by $730.76 per metric ton, Ex Mumbai reflecting a 3.54% growth compared to the previous quarter. This upward trend can be attributed to factors such as rising raw material costs, increased demand from the construction and infrastructure sectors, and supply chain constraints impacting production and distribution.

The moderate price hike indicates a resilient market environment where demand continues to outpace supply, encouraging manufacturers to adjust prices accordingly. Overall, the mild steel pipe segment is showing positive momentum, supported by ongoing industrial activity and government infrastructure initiatives in India.

MS Pipe Price Trend Analysis: Q1 2024

In the first quarter of 2024, the Indian MS (Mild Steel) pipe market saw a noticeable price drop of $741.97 per metric ton, Ex-Mumbai marking a 4.46% decline. This decrease was largely influenced by weak domestic demand, elevated inventory levels, and a slowdown in government infrastructure spending during the national elections. For example, a leading ERW (Electric Resistance Welded) pipe manufacturer reduced base-grade pipe prices by around $23.37 per ton in early March, reflecting market-wide pressure.

Additionally, prices for hot-rolled coil (HRC), a key raw material, fell by approximately $17.53 per ton month-over-month, further weighing on the MS pipe segment. However, signs of recovery are emerging, supported by the release of infrastructure funds in states like Rajasthan and Madhya Pradesh, with expectations of similar moves in Maharashtra, which could help revive demand and stabilize prices. 

 

MS Pipe Price Trend Analysis: Q2 2024

In Q2 2024, the Indian MS (Mild Steel) pipe market saw a price rise of $754.92 per metric ton, Ex-Mumbai marking a 1.75% increase. This upward movement reflects ongoing adjustments in response to stable demand and tightening supply. The price hike is largely supported by growing demand from infrastructure and rural water supply projects such as the Jal Jeevan Mission.

With government initiatives boosting consumption, further price firming is likely in the coming months. However, payment delays and liquidity constraints continue to pose challenges, affecting procurement cycles. Buyers and contractors should plan ahead to manage cost risks and maintain project timelines efficiently. 

MS Pipe Price Trend Analysis: Q3 2024

In Q3 2024, the Indian Mild Steel (MS) pipe market faced a notable downturn, with prices decreasing by $709.64 per metric ton, Ex-Mumbai marking a 6% drop. This decline was largely attributed to a surge in cheaper Chinese steel imports, up to 10% lower than domestic rates, which disrupted the market and pressured local producers, especially smaller mills in regions like Punjab. The oversupply, combined with tepid domestic demand, pushed benchmark steel prices, such as Hot Rolled Coil, to a 45-month low of â‚ą598.27 per tonne.

This price compression significantly impacted the profitability of major steel companies, with reduced average selling prices and revenue declines. Although government-driven infrastructure projects and demand from sectors like construction provided some cushion, the overall market sentiment remained cautious, with expectations of a possible recovery in the final quarter of FY25. 

MS Pipe Price Trend Analysis: Q4 2024

In Q4 2024, the Indian MS pipe market saw a significant price drop of $701.79 per metric ton, Ex-Mumbai a decrease of about 1.11%. This decline was mainly due to sluggish demand, elevated inventory levels, and falling raw material costs. Many manufacturers struggled with unsold stock, with inventory levels reportedly 30–40% higher than normal, prompting them to reduce prices in an effort to boost sales.

The downward trend in hot-rolled coil prices, a key input material, further added to the pressure on pricing. However, there are signs of potential recovery, with demand expected to pick up as state governments in Rajasthan, Madhya Pradesh, and possibly Maharashtra begin releasing funds. Buyers may find this a favourable time for procurement before a likely price rebound. 

Global ms pipe Supply Chain

India ms pipe Supply Chain

Upstream
  • Steel Billets 
Downstream
  • MS Pipe (Construction, Oil & Gas, Firefighting Systems, Railways & Metro, Power & Utilities, Defense & Security, Telecommunication, Renewable Energy, HVAC Systems, ). 
Major supplying countries
  • India and China 

Technical Specifications of Ms Pipe Price Trends

Molecular Weight[g/mol]

CAS No

HS Code

Molecular Formula

ms pipe

MS Pipe (Mild Steel Pipe) is a robust and durable steel product commonly used in a wide range of structural and industrial applications. Known for its strength, toughness, and excellent weldability, MS Pipe is ideal for conveying fluids and gases, as well as for use in construction, fabrication, and engineering projects. It is available in various thicknesses and diameters, making it suitable for diverse uses such as scaffolding, fencing, irrigation systems, support structures, and pipeline networks. Its corrosion resistance (especially when coated or galvanized) and cost-effectiveness make MS Pipe a reliable choice for both commercial and residential purposes.

Packaging Type

Container

Ms Pipe Grades Covered

100 NB

Incoterms Used

Ex-Delhi NCR, Ex-Mumbai

Synonym

PriceWatch Quotation Terms:

18-20 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Material  Mild Steel (Low Carbon Steel) 
Carbon Content  ≤ 0.25% 
Tensile Strength  350 – 550 MPa 
Yield Strength  ≥ 240 MPa (varies with grade and standard) 
Elongation  20% – 25% (depending on standard and thickness) 
Outer Diameter (OD)  ½ inch to 24 inches (or as per requirement) 
Wall Thickness  1.2 mm to 12 mm (or customized) 

Ms Pipe Applications

  • Construction & Infrastructure: MS pipes are widely used for water supply, plumbing, and structural support in residential, commercial, and industrial buildings due to their durability and ease of installation.
  • Manufacturing & Fabrication: Employed in the fabrication of machine frames, conveyor systems, and production line supports where strength and precision are essential.
  • Automotive Industry: Used in the production of exhaust systems, chassis components, and roll cages due to their excellent machinability and strength-to-weight ratio.
  • Furniture: MS pipes are commonly used to make metal furniture such as bed frames, chair legs, stools, and modular racks for their clean finish and strength.
  • Electrical & Telecommunications: Used as conduits to protect electrical wiring, and for fabricating support structures for lighting poles, antennas, and telecom towers.
  • Transportation: Applied in bus body frameworks, truck exhaust systems, and trailer components for their load-bearing capacity and resistance to wear.
  • General Engineering: MS pipes are used in machine parts, structural assemblies, and industrial piping systems for fluid and gas transfer in engineering setups.
  • Agricultural Equipment: Utilized in irrigation systems, greenhouse structures, fencing, and frames of agricultural implements due to their robustness and adaptability.

Historically, several events have caused significant fluctuations in Ms Pipe prices

Global Supply Disruptions and Regulatory Factors (2022–2023): 
International shipping constraints, container shortages, and regulatory export controls—particularly from key steel-producing nations, created an uneven global supply environment. The restricted availability of MS Pipes led to market instability and price volatility across regions.

Surge in Raw Material and Energy Costs (2022–2023): 
Rising prices of steelmaking inputs like iron ore and coking coal, coupled with sharp increases in electricity and fuel costs, significantly raised the manufacturing cost of MS Pipes. These cost pressures were passed along the supply chain, leading to price hikes.

Construction, Water Supply, and Industrial Expansion (2020–2021): 
The post-pandemic recovery period saw renewed investments in infrastructure, urban water supply systems, and industrial facilities. MS Pipes, widely used in plumbing, structural, and industrial applications, experienced a demand surge, pushing prices upward.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global ms pipe price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the ms pipe market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence ms pipe prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely ms pipe market data.

Track PriceWatch's ms pipe price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: We gather information from global exchanges, industry reports, and proprietary sources to provide timely and accurate assessments. 
  • On-the-Ground Intelligence: We incorporate insights from producers, suppliers, and end-users across key production regions to offer a comprehensive view of market dynamics. 
  • Supply Chain Monitoring: We track the availability and cost of raw materials  to evaluate supply conditions and price pressures. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: We monitor political and economic events that impact supply chains and the flow of MS Pipe production. 
  • Market Demand Shifts: Our analysis considers global shifts in industrial and consumer demand, particularly in sectors like automotive, electronics, and renewable energy.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We assess operational MS Pipe production facilities and their output levels. 
  • Future Capacity Projections: We forecast future production capabilities, factoring in technological advancements and production expansions.

Demand Forecasting

  • Sectoral Demand Analysis: We evaluate demand from major sectors such as automotive catalysts, renewable energy, and electronics. 
  • Regional Demand Dynamics: We assess demand from key markets and regions, especially India and their impact on global pricing. 

Pricing Model Development

  • Dynamic Pricing Models: Our pricing models incorporate real-time data, historical trends, and market projections. 
  • Scenario Analysis: We perform scenario-based forecasting, assessing potential market conditions under various economic, geopolitical, and technological developments. 

Reporting and Client Support

  • Comprehensive Reports: We provide actionable insights, forecasting, and detailed analysis of current and future price trends. 
  • Ongoing Support: PriceWatch delivers continuous updates and expert advice tailored to your business needs. 

 

Molecular Weight[g/mol]

CAS No

HS Code

Molecular Formula

ms pipe

MS Pipe (Mild Steel Pipe) is a robust and durable steel product commonly used in a wide range of structural and industrial applications. Known for its strength, toughness, and excellent weldability, MS Pipe is ideal for conveying fluids and gases, as well as for use in construction, fabrication, and engineering projects. It is available in various thicknesses and diameters, making it suitable for diverse uses such as scaffolding, fencing, irrigation systems, support structures, and pipeline networks. Its corrosion resistance (especially when coated or galvanized) and cost-effectiveness make MS Pipe a reliable choice for both commercial and residential purposes.

Packaging Type

Container

Grades Covered

100 NB

Incoterms Used

Ex-Delhi NCR, Ex-Mumbai

Synonym

PriceWatch Quotation Terms:

18-20 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Material  Mild Steel (Low Carbon Steel) 
Carbon Content  ≤ 0.25% 
Tensile Strength  350 – 550 MPa 
Yield Strength  ≥ 240 MPa (varies with grade and standard) 
Elongation  20% – 25% (depending on standard and thickness) 
Outer Diameter (OD)  ½ inch to 24 inches (or as per requirement) 
Wall Thickness  1.2 mm to 12 mm (or customized) 

Applications

  • Construction & Infrastructure: MS pipes are widely used for water supply, plumbing, and structural support in residential, commercial, and industrial buildings due to their durability and ease of installation.
  • Manufacturing & Fabrication: Employed in the fabrication of machine frames, conveyor systems, and production line supports where strength and precision are essential.
  • Automotive Industry: Used in the production of exhaust systems, chassis components, and roll cages due to their excellent machinability and strength-to-weight ratio.
  • Furniture: MS pipes are commonly used to make metal furniture such as bed frames, chair legs, stools, and modular racks for their clean finish and strength.
  • Electrical & Telecommunications: Used as conduits to protect electrical wiring, and for fabricating support structures for lighting poles, antennas, and telecom towers.
  • Transportation: Applied in bus body frameworks, truck exhaust systems, and trailer components for their load-bearing capacity and resistance to wear.
  • General Engineering: MS pipes are used in machine parts, structural assemblies, and industrial piping systems for fluid and gas transfer in engineering setups.
  • Agricultural Equipment: Utilized in irrigation systems, greenhouse structures, fencing, and frames of agricultural implements due to their robustness and adaptability.
Ms Pipe Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for ms pipe. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

Raw Material Costs – MS (Mild Steel) pipes are manufactured primarily from mild steel or carbon steel. Fluctuations in the prices of steel billets, hot-rolled coils, or scrap steel significantly affect MS pipe pricing.

Supply and Demand – Demand from sectors such as construction, plumbing, agriculture, oil & gas, and industrial fabrication influences pricing. A surge in demand or shortage in supply can lead to price increases, while excess supply or market slowdown typically causes prices to fall.

Manufacturing Costs – Labor charges, fuel prices, electricity, plant maintenance, and technological upgrades impact production costs and thereby influence the market price of MS pipes.

Global Trade Policies & Tariffs – International trade dynamics, including import/export restrictions, duties on steel products, and anti-dumping laws, affect both the availability and price of MS pipes in domestic and global markets.

Market Competition – Prices are also shaped by the level of competition among manufacturers, stockists, and distributors. Aggressive pricing strategies or monopolistic control can impact market rates.

Exchange Rates – Currency exchange fluctuations affect the cost of importing raw materials and exporting finished pipes, influencing prices based on global economic conditions.

Transportation and Logistics Costs – The cost of transporting raw materials to production units and finished products to end-users, especially across long distances, adds to the overall cost of MS pipes.

Government Regulations and Environmental Policies – Compliance with safety norms, pollution control mandates, carbon emission limits, and taxation policies contribute to cost structure and, in turn, affect the final pricing.

The availability and cost of raw materials such as high-carbon steel and alloy coatings directly affect MS Pipe production costs and pricing.

MS Pipe prices generally rise with inflation, driven by increased costs of raw materials like steel and energy. Additionally, inflation-related hikes in transportation and labor expenses contribute to the price growth. However, strong demand from sectors such as water supply, construction, oil & gas often helps maintain steady price trends despite economic fluctuations.

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