Electric resistance welded (ERW) patra pipe prices declined by INR 500/t at Mandi Gobindgarh in Punjab, while prices increased by INR 100/t in Raipur, central India, on 15 Feb’22. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 52,500/t exw-Raipur and INR 54,000/t exw-Mandi. SteelMint reported pipe prices in Mandi at INR 56,000/t last week, down INR 2,000/t on the week. Prices do not include GST at 18%.
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