Growing 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.