India: ERW pipe prices drop by INR 400/t ($5/t) in Raipur

ERW patra pipe (41-60 OD) prices dropped by INR 400/t ($5/t) in Raipur and edged down by INR 100/t ($1/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 53,000/t ($644/t)
• Mandi Gobindgarh: INR 53,600/t ($651/t)
• Prices mentioned above are exw, excluding GST at 18%.