India: ERW pipe prices rise by INR 200/t ($2/t) in Punjab

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

• Mandi Gobindgarh: INR 53,100/t ($641/t)
• Raipur: INR 51,500/t ($621/t)
• Prices mentioned above are exw, excluding GST at 18%.