India: ERW pipe prices rise on sales momentum

India: ERW pipe prices rise on sales momentum

ERW patra pipe prices increased by INR 500-1,000/t on improved domestic sales. Current offers for base grade ERW pipes (41 – 60 OD) are assessed at INR 55,500/t exw-Raipur and INR 58,000/t exw-Mandi. Prices do not include GST at 18%. Prices have edged up in the range of INR 500/t in Raipur and INR 1,000/t in Mandi Gobindgarh markets respectively, as per SteelMint reports.


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