India: ERW pipe prices drop across key markets

ERW patra pipe prices fell by INR 400/t in Raipur and INR 200/t in Mandi Gobindgarh markets on 20 April 2022 owing to lower sales. Current base grade ERW pipe (41-60 OD) prices are at INR 64,100/t exw-Raipur and INR 65,800/t exw-Mandi, excluding GST. Last week, pipe prices were at INR 61,000/t in Raipur and INR 62,000/t in Mandi, surging by INR 3,100/t and INR 3,800/t w-o-w respectively.


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