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

ERW patra pipe (41-60 OD) prices fell by INR 400/t ($5/t) in Raipur and by INR 200/t ($2/t) in Mandi Gobindgarh d-o-d today, sources told SteelMint. Current offers:

• Raipur: INR 52,600/t ($639/t)
• Mandi Gobindgarh: INR 53,400/t ($649/t)
• Prices mentioned above are exw, excluding GST at 18%.