India: ERW pipe prices witness mixed trend d-o-d in key markets

ERW patra pipe (41-60 OD) prices witnessed mixed trend as buyers adopted wait-and-watch approach on volatility in market, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 54,000/t ($693/t), stable
• Raipur: INR 52,300/t ($671/t), down INR 200/t ($3/t)
• Prices mentioned are on an exw basis, excluding GST at 18%.

On a weekly basis, prices rose INR 1,800/t ($23/t) in Raipur and INR 1,500/t ($19/t) in Mandi.