Electric resistance welded (ERW) patra pipe prices increased by INR 300/t in Raipur on 13 Jan’22 on improved demand. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 50,500/t exw-Raipur. Prices stood at INR 53,000/t exw-Mandi – higher by INR 1,000/t d-o-d. SteelMint reported pipe prices in Raipur at INR 48,600/t last week. Prices do not include GST at 18%.
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