India: ERW pipe prices remain stable across major markets

ERW patra pipe prices remain unchanged in Raipur and Mandi Gobindgarh amid dull sales on 19 Jan’22, as per SteelMint’s assessment. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 51,400/t exw-Raipur and INR 52,300/t exw-Mandi Gobindgarh. SteelMint reported pipe prices at INR 50,200 in Raipur last week, up INR 1,200/t w-o-w. Prices do not include GST at 18%.