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

ERW patra pipe (41-60 OD) prices fell by INR 400/t ($5/t) d-o-d in Raipur, and by INR 300/t ($4/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 47,300/t ($572/t)
• Mandi Gobindgarh: INR 49,900/t ($603/t)
• Prices mentioned above are exw, excluding GST at 18%.