India: ERW pipe prices edge up in Raipur, stable in Mandi

ERW patra pipe prices increased by INR 400/t in Raipur while prices remain unchanged in Mandi Gobindgarh on 21 Feb’22. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 51,800/t exw-Raipur and INR 52,300/t exw-Mandi. SteelMint reported pipe prices in Raipur at INR 49,500/t last week, up INR 1,100/t w-o-w. Prices exclude GST.