India: ERW pipe prices rise in major markets

ERW patra pipe (41-60 OD) prices rose in major markets today on the back of limited supplies, sources informed SteelMint. Current offers:

• Mandi Gobindhgarh: INR 56,000/t ($715/t), up by INR 1,300/t ($17/t)
• Raipur Chhattishgarh: INR 54,000/t ($689/t), up by INR 700/t ($9/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.