Steel is an essential material used in many industries – it’s the backbone to countless products, structures and services that shape the everyday lives of people throughout the world.One of the major uses of Steel is in the Manufacture of Pipes which are used to transport energy products.Pipelines are a transportation system that enables the safe movement of inordinate quantities of energy products to industry and consumers, literally fueling our economy and way of life. They are arteries of any Nation’s energy infrastructure, as well as the safest and least costly ways to transport energy products.
In general Steel Companies in India with the exception of the Jindal Group are not involved in the Steel Pipe production .Most of the Steel makers in India have major operations in foreign countries particularly Middle East.The boom times seem to be over for the sector and competition has become higher.