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

ERW patra pipe (41-60 OD) prices rose by INR 300/t ($4/t) d-o-d in Mandi Gobindgarh and by INR 200/t ($2/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 51,100/t ($620/t)
• Raipur: INR 48,900/t ($594/t)
• Prices mentioned above are exw, excluding GST at 18%.