India: ERW pipe prices drop by up to INR 300/t ($4/t) in key markets

ERW patra pipe (41-60 OD) prices dropped by INR 300/t ($4/t) in Mandi Gobindgarh and edged down by INR 100/t ($1/t) in Raipur d-o-d today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 54,100/t ($657/t)
• Raipur: INR 53,300/t ($648/t)
• Prices mentioned above are exw, excluding GST at 18%.