India: ERW pipe prices fall further on weak demand

Electric resistance welded (ERW) patra pipe prices edged lower by INR 600/t in Raipur and INR 1,000/t in Mandi Gobindgarh owing to dull sales, as per SteelMint reports. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 52,500/t exw-Raipur and INR 55,000/t exw-Mandi. Prices do not include GST at 18%.