India: ERW pipe prices inch down by INR 400/t ($5/t) in Punjab

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

• Mandi Gobindgarh: INR 54,400/t ($681/t), down INR 400/t ($5/t)
• Raipur: INR 52,000/t ($651/t), down INR 300/t ($4/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.