India: Tata Tubes raises ERW pipe prices by INR 4,000/t ($52/t) – Sources

Major ERW pipe manufacturer, Tata Tubes, has increased its list prices by INR 4,000/t ($52/t) for Mar’22 despatches on account of a hike in hot-rolled coil (HRC) prices. Effective price levels for March deliveries are at around INR 81,000/t ($1,062/t) ex-Jharkhand. SteelMint reported ERW pipe prices at INR 77,000/t ($1,010/t) ex-Jharkhand last week. Prices exclude GST.