India: ERW pipe prices rise in major markets

ERW patra pipe (41-60 OD) prices increased d-o-d today in major markets on robust demand, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 54,000/t ($692/t), up INR 500/t ($6/t)
• Raipur: INR 52,500/t ($672/t), up INR 900/t ($12/t)

Prices mentioned are on an exw basis, excluding GST at 18%.