India: ERW pipe prices rise by up to INR 500/t ($6/t) in key markets

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) d-o-d in Mandi Gobindgarh and by INR 100/t ($1/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,500/t ($632/t)
• Raipur: INR 51,300/t ($618/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.