India’s leading structural tube producer has cut the list prices of ERW pipes by INR 2,000/t ($26/t) for end May’22 sales. Subsequent to the revision, the effective price as on 23 May for base grade ERW pipe (25-125 NB, 2.2-6 mm thickness) stands at INR 74,500/t ($960/t) exy-Raipur, excluding GST @ 18%.
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