India: ERW pipe prices rise by INR 400/t ($5/t) in Mandi

ERW patra pipe (41-60 OD) prices rose by INR 400/t ($5/t) in Mandi owing to improved inquiries while prices remained flat in Raipur, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 54,800/t ($687/t)
• Raipur: INR 52,000/t ($652/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.