How to buy q235 steel pipes at the steel mill
New Delhi: Steel mills have started selling Q235 steel pneumatic pipe at a steep discount, as the government pushes to get more of the fuel-efficient material on the market.
The Indian steel market, the world’s third largest, is worth $1.3 trillion, or a fifth of India’s gross domestic product, according to estimates by the Centre for Monitoring Indian Economy (CMIE).
In the first half of this year, India imported almost 30% of its total production of Q235 pipes, according a CMIE report.
The price cuts come as the country faces a slowdown in coal production, which is forecast to decline by almost a third this year.
India also aims to reduce its carbon emissions by 20% by 2030.
The government is also trying to push the sale of Q115 steel pipe into the domestic market, as well as foreign markets, including China, Japan and Australia.
The Q235 pipe is made of stainless steel, a lightweight material that is lighter than steel and therefore cheaper than the heavier steel pipe that was introduced last year.
But the new price cut means the pipe is priced lower than the Q115.
The steel mills in the country also offer steel pipe at cheaper prices.
In India, Q115 is currently the most expensive steel pipe.
Its price is higher than the steel pipe for which the government started selling last month.
The company that makes the pipe says that the price cut is aimed at attracting more customers, and the government hopes that the move will boost the domestic steel market.
“Our strategy is to get the Q235 as high as possible as the price has gone down,” said Suresh Kumar, a vice-president and managing director at Tata Steel.
“We will also try to expand our products.”
Tata Steel is one of India ‘s largest steel producers.
The company produces steel pipe in India and exports the pipe across the world.
It also supplies pipes to the country’s power plants.
The move to lower the price of Q117, the most common steel pipe by volume, was announced on Wednesday, and will take effect from April 15.