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Mild Steel (ms) Pipe Price Trend and Forecast

UNSPC code: 30101704
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⟳ Weekly Update
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Historical Data Since 2015
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Forecast for 2026
  • Commodity Pricing

mild steel (ms) pipe Price Trends by Country

inIndia

Global mild steel (ms) pipe Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Mild Steel (MS) Pipe across top trading regions:

Mild Steel (MS) Pipe Regional Coverage Mild Steel (MS) Pipe Grade and Country Coverage Mild Steel (MS) Pipe Pricing Data Coverage Explanation
Asia-Pacific Mild Steel (MS) Pipe Pricing Analysis Mild Steel (MS) Pipe Ex Delhi-NCR, India Weekly Price Update on Mild Steel (MS) Pipe Real-Time Domestic Ex Delhi-NCR Prices in India
Mild Steel (MS) Pipe Ex Mumbai, India Weekly Price Update on Mild Steel (MS) Pipe Real-Time Domestic Ex Mumbai Prices in India

Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

MS Pipe Price Trend Q1 2026

India: MS Pipe, Domestically traded prices, Ex Delhi-NCR, India; Grade – 100 NB

The ms pipe price trend in India has been up about 3.25% from Q4 2025 to Q1 2026 primarily because of continued demand in the construction, infrastructure and industries as well as increased costs of primary raw materials, including hot rolled coils and billets, both of which impacted the ms pipe price trend.

Domestic policy measures directed at supporting the steel sector, including tariffs on imported steel, strengthened the pricing position of domestic producers. Firm prices were also supported by the continued need for inventory adjustments and the ongoing need for restocking at secondary mills.

According to Price-Watch™ , in March 2026, ms pipe price trend in India increased by 2.35% as a result of continued strong demand in the infrastructure sector, increased costs of hot rolled coils/raw material and pre-monsoon stocking. A continuing strong sentiment in the steel sector and a uniform level of execution of projects also supported the price increases.

Mild Steel (MS) Pipe Price Trend Analysis: Q4 2025

India: MS Pipe, Domestically traded prices, Ex Delhi-NCR, India; Grade – 100 NB

According to Price-Watch™ , Overall, the price trend of MS Pipe in the Indian market experienced a mild level of Bearish pressure throughout the fourth quarter of 2025, this bearish market is expected to continue with the presence of large amounts of supply and cautious purchasing behavior influencing the performance of this market as it heads into early 2026.

The decline in prices of MS Pipe in India of 3.5% in Q4 2025 indicates an overall softening of the longer term steel market within the domestic market, driven by reduced demand for these materials from the construction, infrastructure and fabrication sectors as the year drew to a close, with caution being exercised by buyers on their purchasing policies, as they anticipated additional price reductions in the near future.

The abundance of MS Pipe provided by the integrated steel mills and secondary producers resulted in an adequate amount of supply on the market which provided downward pressure on the price of MS Pipe in India; notwithstanding, the level of production for this material remained stable. Fluctuations to the costs of raw materials, namely scrap and iron ore, have provided limited support to the price of finished steel products, however, stable logistic operations have resulted in dependable material movement throughout regions.

Prices of MS Pipe in India have weakened further in December 2025 (as a result of distributors looking to reduce their inventories and to balance their accounts at the end of the year), and reduced spot market transactions due to a lack of purchasing from contractors and fabricators have also contributed to declining prices.

In the third quarter of 2025, global pricing for mild steel (MS) pipe has been on the decline, due to decreasing demand in important sectors such as construction and automotive, and with increased Chinese exports contributing to oversupply.

Other than minor variations in price among regions, overall market sentiment has held steady and continued to be bearish, pressured by tariffs, accumulating inventories, and lack lustre industrial activity.

Major producers have reduced their capacity to remain sustainably profitable. However, barring any demonstrable increase in demand, pricing is expected to remain weak through 2025.

India: Mild Steel (MS) Pipe Domestically traded prices Ex-Delhi-NCR, India, Grade- 100NB.

According to Price-Watch, in Q3 2025, the mild steel (MS) pipes price trend in India has recorded a modest decline of 1.84% compared to Q2 2025, influenced by seasonal demand slowdowns during the monsoon season, easing raw material costs particularly hot rolled coil prices and intensified competition from cheaper imports.

Procurement delays in the construction and infrastructure sectors, primary consumers of mild steel pipes, alongside inventory build-up from preceding quarters, have compelled suppliers to offer discounts to clear stock. Although premium brands have maintained relatively stable pricing, overall market sentiment has remained cautious, reflecting margin pressures and muted downstream demand.

In September 2025, Mild steel (MS) pipes prices have increased marginally by 0.25%, driven by a slight uptick in raw material costs and rising domestic demand from the infrastructure and construction sectors. Additionally, global supply chain adjustments and fluctuating input costs have contributed to this modest price revision.

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.

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.

Mild Steel (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. 

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 ₹598.27 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. 

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. 

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. 

 

Technical Specifications of Mild Steel (ms) Pipe Price Trends

Product Description

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.

Identifiers and Classification:

  • HS Code – 730610


Mild Steel Pipe Grades Specific Price Assessment:

  • 100 NB


Mild Steel Pipe Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 18-20 MT
  • Packaging Type (Product & Country Specific): Container


Incoterms Referenced in Mild Steel Pipe Price Reporting

Shipping Term  Location  Definition 
EX Delhi-NCR  India  Domestically Traded MS Pipe price in India 
EX Mumbai  India  Domestically Traded MS Pipe price in India 

*Quotation Terms refers to the quantity range specified for the Mild Steel Pipe being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Mild Steel Pipe packing, ease of handling, transportation, and storage in industrial and commercial applications.


Key Mild Steel Pipe Manufacturers

Manufacturer 
Tata Steel Limited 
JSW Steel 
SAIL 
JSPL 
Shyam Steel 

Mild Steel (ms) Pipe Industrial Applications

Mild Steel Pipe Market Share End Use

Historically, several events have caused significant fluctuations in Mild Steel (ms) Pipe prices

  • Chinese Production Policies (2007–2008): Concentration of smelters and tighter export controls in China reduced output, creating global shortages and driving prices sharply higher.
  • COVID 19 Pandemic (2020): Lockdowns and operational disruptions at Chinese smelters caused supply shocks, leading to multiyear spot price highs worldwide.
  • Global Supply and Demand Acceleration (2023–2024): Rising feedstock costs, seasonal smelter maintenance, and stronger industrial demand in India and the USA drove Q2–Q3 price gains of approximately 18–28%.
  • China Export Controls (2025): Restrictions and environmental quotas reduced exports by 40–50%, causing extreme global price jumps and regional market corrections.

These events underscore the MS Pipe market’s sensitivity to supply disruptions, industrial demand shifts, and geopolitical or policy interventions, highlighting the importance of monitoring both global supply and domestic consumption patterns.

Why Price Watch™?

Price Watch™ is your trusted resource for tracking global mild steel (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 mild steel (ms) pipe market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, Price Watch™ keeps you fully informed of market dynamics.

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

Track Price Watch's™ mild steel (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.

Mild Steel (ms) Pipe Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

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.

Mild Steel Pipe is a widely used structural steel product valued for its strength, durability, and cost-effectiveness across construction, industrial, and mechanical applications. Manufactured through seamless or welded processes, these cylindrical pipes provide reliable fluid transport, structural support, and mechanical stability.

They are commonly used in pipelines, water and gas distribution, scaffolding, automotive components, machinery fabrication, and structural frameworks. With excellent weldability, formability, and machinability, mild steel pipes are suitable for diverse engineering and fabrication purposes, including industrial plants, oil and gas installations, and construction supports.

As a key segment of the steel tubular products market, demand is closely tied to construction growth, infrastructure projects, and manufacturing activity, while Price-Watch™ tracks mild steel pipe price trends to inform businesses about supply-demand dynamics, raw material costs, and global market developments.

MS Pipe prices vary by region and market conditions. Prices are typically quoted per metric ton or per pound and fluctuate based on global supply, import/export flows, industrial demand, and currency exchange rates. Price-Watch™ provides real time price assessments across different global markets to help buyers and sellers make informed decisions.

Prices fluctuate due to changes in Chinese production, environmental regulations, seasonal smelter maintenance, feedstock availability, and demand from pharmaceuticals, electronics, and alloys. Exchange rates, logistics costs, and global economic conditions also influence trends.

Major consumers include pharmaceuticals, electronics, metallurgy, chemical & pigment industries, and research/specialty materials. Price-Watch™ analyses demand patterns across all these industries.

Mild Steel Pipe is primarily produced through steel forming processes, typically using low carbon steel billets or coils in steel plants. High-quality MS Pipes are manufactured using methods such as hot rolling, welding (for ERW pipes), or seamless extrusion, followed by controlled cooling and finishing operations.

In this process, heated steel billets or strips are shaped into cylindrical forms through rolling or piercing mills. For seamless pipes, the billet is pierced and elongated into a hollow tube, while for welded pipes, steel strips are rolled into a cylinder and welded along the seam.

The final products are standardized pipes with uniform diameter, thickness, and strength, making them suitable for plumbing, water and gas transportation, structural frameworks, mechanical engineering applications, and general fabrication work.

India is the world’s largest exporter. Export volumes vary with domestic policies, environmental regulations, and international demand. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Supply generally meets demand, but disruptions may occur due to smelter shutdowns, environmental restrictions, or spikes in industrial consumption. Price-Watch™ monitors these supply demand imbalances to alert the market about potential shortages or surpluses.

MS Pipe is graded by purity: industrial grade (100 NB), and ultra pure specialty forms. Higher purity grades cost more due to extra refining. Price-Watch™ provides separate price assessments for each grade to ensure market transparency.

When demand rises, for example: from pharmaceutical production or electronics manufacturing prices typically climb. Suppliers may prioritize certain customers, and lead times can extend. Price-Watch™ captures these market dynamics in real time.

Refining MS Pipe is energy intensive. Rising electricity, fuel, or chemical costs often get passed on to buyers. This is why prices in regions with cheaper electricity tend to be lower, a correlation that Price-Watch™ analyses in its price assessments & market reports.

Regional variations arise from import dependency, shipping costs, currency fluctuations, and local demand. Price-Watch™ tracks prices across all major regions to highlight these differences.

Forecasts depend on production capacity, Chinese export policies, industrial demand, and macroeconomic factors. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Yes. Accurate forecasts allow businesses to optimize purchasing, negotiate contracts, and manage inventories. If Price-Watch™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long term contracts at current rates, potentially saving thousands of dollars.

Events such as Chinese export restrictions, smelter shutdowns, environmental regulations, or economic shocks can cause supply shortages and price volatility. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the MS Pipe industry.

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Access Real-Time Mild Steel (ms) Pipe Price Trends