India: ERW pipe prices flat on low demand

India: ERW pipe prices flat on low demand

Electric resistance welded (ERW) patra-based pipe prices remain unchanged on the back of subdued demand, as per latest market updates. The prevailing offer for base grade ERW pipe (41 – 60 OD) is assessed at INR 50,600/t (exw-Raipur) and INR 52,700/t (exw-Mandi). Prices do not include GST at 18%. “Sales in the domestic market continue to remain poor,” a Raipur-based pipe manufacturer told SteelMint.


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