India: ERW pipe prices rise on surging raw material costs

ERW patra pipe prices increased by INR 600/t in Raipur on 17 Jan’22, as per SteelMint reports. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 51,100/t exw-Raipur. Meanwhile, pipe prices are at INR 53,200/t in Mandi Gobindgarh, up INR 600/t d-o-d. SteelMint reported pipe prices in Raipur at INR 49,600/t last week. Prices do not include GST at 18%.