Mild Steel (MS) Pipe Pricing Review 2024: Key Suppliers, Trade Flow & 2025 Forecast

MS Pipe 100 NB Price Trends and 2025 Forecast - FOB India (YoY Analysis)

The price of MS (Mild Steel) Pipe 100 NB has experienced a notable decline over the last quarter of 2024, highlighting the ongoing volatility in the global steel market. Compared to the same period in 2023, prices have dropped sharply, reflecting reduced demand and persistent oversupply in international markets.

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In October 2024, MS Pipe prices stood at 724 USD/MT, a 14% decrease from 844 USD/MT in October 2023. November saw an even steeper year-over-year decline of 15%, with prices falling from 850 USD/MT in 2023 to 720 USD/MT in 2024. December followed a similar trend, with prices decreasing by 14% from 825 USD/MT in 2023 to 707 USD/MT in 2024.

Several key factors are contributing to this downward trend. Global oversupply, driven by high production levels in major steel-producing countries such as China and India, has placed downward pressure on prices. At the same time, regional demand fluctuations-particularly in construction, infrastructure, and oil and gas sectors-have led to inconsistent buying patterns, preventing any significant price recovery.

According to Expert Market Research, prices for MS Pipe 100 NB are expected to show a mixed trend in 2025. While global oversupply is likely to persist, regional demand could drive short-term price fluctuations depending on infrastructure investments, seasonal activity, and trade policy changes. This mixed outlook suggests a cautious approach for stakeholders, as price volatility may continue into the first half of 2025.

For manufacturers, exporters, and traders, strategic inventory management and flexible pricing strategies will be crucial to navigating the uncertain landscape. Buyers may benefit from competitive pricing in the near term, but supply chain risks and cost dynamics should still be carefully monitored.

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Global MS Pipe Market: Key Exporters, Importers, and Leading Suppliers

The global Mild Steel (MS) pipe market is shaped by strong international trade dynamics, with major exporting and importing countries playing a crucial role in meeting industrial and infrastructure demands. Paired with powerful global suppliers, the MS pipe sector continues to evolve in response to market conditions, regional demand, and supply chain capabilities.

Leading Exporting Countries

Several countries have emerged as top exporters of MS pipes, leveraging their strong manufacturing bases and strategic trade partnerships. France and Sweden are notable European exporters, while India and China maintain a significant share of the global MS pipe export market. Japan and South Korea, known for their advanced steel industries, also contribute considerably to international supply. Turkey and Italy round out the list with their established steel sectors and proximity to key global markets.

Leading Importing Countries

On the demand side, key importing countries include Canada, Brazil, and Romania, all of which rely on MS pipe imports to support domestic infrastructure and industrial projects. Saudi Arabia and Malaysia reflect growing demand in the Middle East and Southeast Asia. Meanwhile, the United States, Germany, and Australia remain consistent importers due to their large-scale construction, energy, and manufacturing industries.

Major Suppliers in the Global Market

A handful of major steel producers dominate the MS pipe supply chain, offering a range of products that cater to both standard and specialized applications:

• Borusan Mannesmann (Turkey): A prominent global pipe manufacturer with a strong export presence.
• JFE Steel Corporation (Japan): Known for high-quality and technically advanced pipe products.
• ArcelorMittal S.A. (Luxembourg): A global leader with a diversified portfolio across multiple steel categories.
• Jindal SAW Ltd. (India): One of India's largest pipe producers with a significant global footprint.
• China Baowu Steel Group (China): Among the world's largest steelmakers with growing MS pipe output.
• Nippon & Sumitomo Stainless Steel (NSSMC) (Japan): Recognized for superior precision and durable pipe manufacturing.
• POSCO (South Korea): A major supplier known for innovation and consistent quality in steel production.
• Baosteel Group (China): A key player in China's steel export market with a growing international reach.
These companies continue to shape the competitive landscape of the global MS pipe market through innovation, scale, and strategic trade alignment.

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Report Scope:
• Historical Price Data and Analysis, 2021-2024
o Historical Price Data - Monthly
o Grade-Wise Price Fluctuation
o Correlation with Feedstock Price Movement
o Key Market Opportunities and Risks
• Price Outlook
o Monthly Price Forecast (Rolling 3-month forecast for 12 months) (3 Month Quarterly Update)
o Long-Term Price Forecast (2 years), 2025-2026
o Price Influencing Factors
• Supply and Demand Analysis
o Global Market Supply Analysis (2021-2026)
o Global Market Demand Analysis (2021-2026)
o Demand-Supply Gap Analysis
o Historical Dynamics (2021-2024)
o Market Dynamics (Drivers and Constraints)
o Top 5 Deficit Countries with Net Import
o Top 5 Surplus Countries with Net Export
• Cost Breakdown of Tin Plate
o Direct Cost
o Indirect Costs
o Tax and Regulatory Costs
o Profit Margin
• Latest Industry News
o Recent Developments
o Geopolitical Events
o Insights From Government Data and Industries Bodies
• Key Macroeconomic Indicators
o GDP Growth
o Inflation Rates
o Currency Exchange Rates
o Impact on Commodity Prices

How Claight Corporation (Expert Market Research) Database Can Help

The latest report by Expert Market Research, "Mild Steel (MS) Pipe Prices, Trends, Charts, Demand, and Market Analysis - 2025 Edition," offers a comprehensive overview of the global pricing landscape for mild steel (MS) pipe. Designed for industry stakeholders, the study provides detailed historical and forecast price data, highlighting key market shifts and emerging pricing trends.

Drawing from in-depth research, the report analyses the primary factors influencing mild steel (MS) pipe prices, including fluctuations in raw material availability, changes in production capacity, and macroeconomic or geopolitical developments. Additionally, the report evaluates global and regional demand patterns, outlining how shifts in end-use industries such as construction, paper, and plastics are impacting market dynamics. By examining the supply-demand balance, Expert Market Research's report helps businesses understand the underlying forces shaping current and future pricing environments, offering valuable insights to guide procurement, pricing strategy, and investment planning.

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