Electric resistance welded (ERW) patra pipe prices increased by INR 200/t in Raipur, while prices remained unchanged in Mandi Gobindgarh, Punjab on 12 Jan’22. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 50,200/t exw-Raipur and INR 52,000/t exw-Mandi, excluding GST. “The market expects an INR 1,000/t rise in pipe prices in the coming 7-10 days,” a trader source from Punjab informed.
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