India: ERW pipe prices inch down d-o-d in key markets

ERW patra pipe (41-60 OD) prices dropped by INR 200/t ($2/t) d-o-d in Raipur and by INR 100/t ($1/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers-

• Raipur: INR 50,000/t ($603/t)
• Mandi Gobindgarh: INR 51,500/t ($621/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.