India: ERW patra pipe prices fall INR 1,600/t ($21/t) in Punjab

ERW patra pipe (41-60 OD) prices edged down in key markets d-o-d today due to poor offtake by end-users, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 52,200/t ($672/t), down INR 1,600/t ($21/t)
• Raipur: INR 51,800/t ($667/t), up INR 400/t ($5/t)
• Prices mentioned are on an exw basis, excluding 18% GST.