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

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

• Raipur: INR 50,400/t ($611/t)
• Mandi Gobindgarh: INR 52,000/t ($630/t)
• Prices mentioned above are exw, excluding GST at 18%.