India: ERW pipe prices fall further on weak sales

Electric resistance welded (ERW) patra pipe prices decreased by INR 700/t in Raipur and INR 1,100/t in Mandi Gobindgarh due to subdued sales, as per SteelMint reports. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 49,300/t exw-Raipur and INR 51,500/t exw-Mandi. Prices do not include GST at 18%.