India: Leading ERW pipe maker hikes prices by INR 1,000/t ($12/t) for mid-Jan’23

India’s leading ERW pipe manufacturer has announced a price hike of INR 1,000/t ($12/t) with effect from 16 Jan’23, sources informed SteelMint. Post-revision, the price of base grade ERW pipe (25-125 NB, 2.2-6 mm thickness) stands at INR 64,250/t ($789/t) exy-Pune and INR 62,000/t ($761/t) exy-Raipur, excluding GST at 18%.