India: ERW pipe prices rise by up to INR 700/t ($9/t) in key markets

ERW patra pipe (41-60 OD) rose by INR 700/t ($9/t) in Mandi Gobindgarh and by INR 500/t ($6/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 54,400/t ($662/t)
• Raipur: INR 53,400/t ($650/t)
• Prices mentioned above are exw, excluding GST at 18%.