India: Dull demand weighs on ERW pipe prices in Raipur, Mandi

ERW patra pipe prices fell by INR 1,300/t ($17/t) and INR 1,500/t ($20/t) in Raipur and Mandi Gobindgarh respectively, on 23 April 2022 due to lack of buying interest in the domestic market. Current base grade ERW pipe (41-60 OD) prices stand at INR 62,000/t ($810/t) exw Raipur and INR 64,000/t ($837/t) exw Mandi, excluding GST.


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