India: ERW pipe prices unchanged in key markets

ERW patra pipe prices remain unchanged in Raipur and Mandi Gobindgarh, although sales volumes remain low. Current offers for base grade ERW pipe (41-60 OD) prices are assessed at INR 49,200/t exw-Raipur and INR 51,300/t exw-Mandi Gobindgarh. SteelMint reported pipe prices in Raipur at INR 49,500/t last week. Prices do not include GST at 18%.