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

ERW patra pipe (41-60 OD) prices dropped by INR 400/t ($5/t) in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh d-o-d today, sources told SteelMint. Current offers:

• Raipur: INR 51,800/t ($629/t)
• Mandi Gobindgarh: INR 53,100/t ($645/t)
• Prices mentioned above are exw, excluding GST at 18%.