India: ERW pipe prices increase by up to INR 500/t ($6/t) d-o-d in key markets

ERW patra pipe (41-60 OD) prices increased by INR 500/t ($6/t) in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh d-o-d today, sources informed SteelMint. Current offers-

• Raipur: INR 52,900/t ($650/t)
• Mandi Gobindgarh: INR 53,800/t ($661/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.