India: ERW pipe prices edge up on rising demand in Raipur

ERW patra pipe prices increased by INR 200/t in Raipur on 14 Jan’22 on rising demand. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 50,700/t exw-Raipur. Meanwhile, patra pipe prices are assessed at INR 52,800/t exw-Mandi Gobindgarh, down INR 200/t d-o-d. SteelMint reported pipe prices in Raipur at INR 49,500/t last week. Prices do not include GST at 18%.