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

ERW patra pipe (41-60 OD) prices dropped by INR 600/t ($7/t) d-o-d in Mandi Gobindgarh and by INR 300/t ($4/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 46,800/t ($573/t)
• Raipur: INR 45,500/t ($557/t)
• Prices mentioned above are exw, excluding GST at 18%.