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

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

• Mandi Gobindgarh: INR 49,900/t ($610/t)
• Raipur: INR 49,000/t ($599/t)
• Prices mentioned above are exw, excluding GST at 18%.