India: ERW pipe prices rise by INR 500/t ($6/t) in key markets

ERW patra pipe (41-60 OD) prices rose in key markets today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 54,500/t ($696/t), up by INR 500/t ($6/t)
• Raipur: INR 53,000/t ($677/t), up by INR 500/t ($6/t)
• Prices mentioned are on an exw basis, excluding GST at 18%.