'Maharashtra Seamless published a presentation that focuses on demands of pipe segment
Seamless pipes, ERW pipes and others (Coated & Premium Connections, Pipe Fittings) serve industries such as agriculture, automotive, bearings, chemicals, drinking water, engineering, fertilizers, housing, irrigation, mechanical, oil and gas, petrochemical and power.
Maharashtra Seamless holds a market share of 55% in seamless pipes segment with manufacturing facilities at Nagothane & Mangaon in Maharashtra and Narketpally in Telangana; 8% in the API certified, high frequency ERW pipes segment with manufacturing facility at Nagothane in Maharashtra. On installation of finishing facilities at Telangana, existing capacity of 100,000 mt/annum will be activated.
Outlook
The seamless pipe segment looks robust, with steady demand from oil & gas and infrastructure pushing utilization higher; ERW capacity ramps up post-finishing facilities, targeting 100,000 mt/annum activation amid ...
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