India: ERW pipe prices fall by INR 200/t ($2/t) in Mandi

ERW patra pipe (41-60 OD) prices fell by INR 200/t ($2/t) d-o-d in Mandi Gobindgarh. However, pipe prices marginally rose by INR 100/t ($1/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 50,400/t ($610/t)
• Raipur: INR 48,500/t ($587/t)
• Prices mentioned above are exw, excluding GST at 18%.