India: ERW pipe prices inch up on growth in sales

India: ERW pipe prices inch up on growth in sales

ERW patra pipe prices increased by INR 1,400-1,800/t on sharp rise in domestic demand, as per SteelMint reports. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 52,400/t exw-Raipur and at INR 54,500/t exw-Mandi Gobindgarh. Prices do not include GST at 18%. Prices have edged up in the range of INR 1,400/t in the Raipur market and around INR 1,800/t in Mandi Gobindgarh.


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