India: Patra prices remain unchanged in key markets

HR strip (patra) prices remain stable in Raipur and Mandi Gobindgarh on 18 Jan’22. Current offers for base grade patra (148-200 mm, 2mm thick) are assessed at INR 50,000/t exw-Raipur, while prices are assessed at INR 51,000/t exw-Mandi Gobindgarh. SteelMint reported pipe prices in Raipur at INR 48,900/t last week – higher by INR 1,100/t w-o-w. Prices do not include GST at 18%.