India: ERW pipe prices rise by up to INR 400/t ($5/t) in key markets

ERW patra pipe (41-60 OD) prices rose by INR 400/t ($5/t) in Raipur and edged up by INR 100/t ($1/t) d-o-d in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 50,500/t ($611/t)
• Mandi Gobindgarh: INR 52,500/t ($635/t)
• Prices mentioned above are exw, excluding GST at 18%.