India: ERW pipe prices stable across key markets

Electric resistance welded (ERW) patra pipe prices are largely stable across markets, Raipur and Mandi Gobindgarh, on 30 Dec’21. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 49,000/t exw-Raipur and INR 51,000/t exw-Mandi. SteelMint reported pipe prices in Raipur at INR 47,200/t last week. Prices do not include GST at 18%.