India: ERW pipe prices edge down by INR 400/t in central India

Electric resistance welded (ERW) patra pipe prices declined by INR 400/t in Raipur market but remained stable in Mandi Gobindgarh today. Current base grade ERW pipes (41 – 60 OD) prices stand at INR 64,500/t (exw-Raipur) and INR 66,000/t (exw-Mandi). Pipe prices in Raipur were at INR 62,000/t last week, higher by INR 2,500/t while in Mandi at INR 63,000/t, up INR 3,000/t w-o-w excluding GST.


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