India: ERW pipe prices drop by INR 400/t ($5/t) d-o-d in Raipur

ERW patra pipe (41-60 OD) prices continued the downtrend in both key markets owing to poor demand, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 57,900/t ($725/t), down INR 300/t ($4/t)
• Raipur: INR 54,900/t ($687/t), down by INR 400/t ($5/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.