India: ERW pipe prices plummet d-o-d in key markets

ERW patra pipe (41-60 OD) prices slipped INR 1,300/t ($16/t) d-o-d in Mandi Gobindgarh while prices dropped by INR 800/t ($10/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 47,000/t ($575/t)
• Raipur: INR 46,000/t ($563/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.