oil and gas demand across the world and the zeal with which oil companies
are investing on adding pipeline infrastructure promise higher revenues for
Indian steel pipes makers. A huge pent-up demand for pipes has cropped up
over the last few months. For the refining industry, pipes are the most
economical way to transport oil and gas.
The five major steel
producers in India are as follows :
Steel Authority of India (SAIL)
Tata Iron and Steel,
Jindal Vijaynagar Steel (JVSL)
Essar Steel and Ispat Industries.