India: ERW pipe prices fall across key markets

Electric resistance welded (ERW) patra pipe prices decreased by INR 400/t in Raipur, while prices fell by INR 600/t in Mandi Gobindgarh, Punjab. Current offers for base grade ERW pipes (41 – 60 OD) are assessed at INR 46,800/t exw-Raipur and INR 49,200/t exw-Mandi. SteelMint reported pipe prices in Raipur at INR 48,800/t last week. Prices do not include GST at 18%.


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