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

ERW patra pipe (41-60 OD) prices rose by INR 400/t ($5/t) d-o-d in key markets due to increased enquiries in yesterday’s evening session, sources informed SteelMint. Current offers-

• Raipur: INR 51,900/t ($641/t)
• Mandi Gobindgarh: INR 53,100/t ($655/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.