India: ERW pipe prices fall by up to INR 300/t ($4/t) in key markets

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

• Raipur: INR 51,200/t ($618/t)
• Mandi Gobindgarh: INR 52,900/t ($639/t)
• Prices mentioned above are exw, excluding GST at 18%.