India: ERW pipe prices fall in key markets

ERW patra pipe (41-60 OD) prices fell d-o-d by INR 200 ($2/t) in Mandi Gobindgarh, while prices dropped marginally by INR 100 ($1/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 53,000/t ($641/t)
• Raipur: INR 50,900/t ($615/t)
• Prices are exw, excluding 18% GST.