India: ERW pipe prices rise d-o-d in key markets

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) d-o-d in Mandi Gobindgarh while prices moved up by INR 400/t ($5/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 54,200/t ($664/t)
• Raipur: INR 53,400/t ($654/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.