'JTL Industries disclosed a presentation that highlights the rising demand of steel pipes for various applications.

India’s steel pipes market continues to outpace broader steel demand, supported by sustained infrastructure investment, growth in oil & gas projects and rising exports. The market is projected to grow at a CAGR of 8.29% during 2024–2033, reaching 27.76 million tons by 2033.

Globally, infrastructure accounts for over 50% of ERW tube consumption, with urbanization in emerging economies driving a 35% increase in ERW demand across high-rise buildings and transport networks. In India, government-led initiatives have led to a 40% rise in ERW tube usage for construction and a 30% increase in pipeline installations, positioning ERW pipes to outperform traditional long products in the coming years.

The demand for structural steel tubes is driven by a substantial government commitment to bolster infrastructure in sectors such as construction, oil & gas, water su...

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