India: ERW patra pipe prices fall further as sales remain poor

India: ERW patra pipe prices fall further as sales remain poor

Electric resistance welded (ERW) patra pipe prices decreased by INR 200-300/t on the account of dull sales in the domestic market, as per SteelMint reports. The current offer for base grade ERW pipes (41 – 60 OD) is assessed at INR 49,400/t (exw-Raipur) and INR 52,000/t (exw-Mandi). Prices do not include GST at 18%. Prices have fallen by INR 300/t and INR 200/t in the Raipur and Mandi Gobindgarh markets, respectively.


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