India: ERW pipe prices rise by up to INR 900/t ($11/t) in key markets

ERW patra pipe (41-60 OD) prices rose by INR 900/t ($11/t) in Raipur, and by INR 700/t ($9/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 56,000/t ($704/t)
• Raipur: INR 53,600/t ($674/t)
• Prices mentioned above are on exw-basis, excluding GST at 18%.