India: ERW pipe prices inch down further on low sales

Electric resistance welded (ERW) patra pipe prices decreased by INR 500/t in Raipur and INR 700/t in Mandi Gobindgarh on account of low sales, as per SteelMint reports. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 55,000/t exw-Raipur and INR 57,500/t exw-Mandi. Prices do not include GST at 18%.