India: ERW pipe prices fall d-o-d in major markets

ERW patra pipe (41-60 OD) prices fell by INR 700/t ($9/t) in Mandi Gobindgarh and by INR 600/t ($8/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 54,700/t ($685/t)
• Raipur: INR 52,400/t ($656/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.