ERW patra pipes price dropped INR 1,000/t w-o-w in key markets of Mandi Gobindgarh and Raipur on 9 Aug’24. Current base-grade patra (148-200mm, 2mm thick) prices are at INR 44,600/t exw-Mandi and INR 41,700/t exw-Raipur. Prices exclude 18% GST. Prices saw a reduction owing to weakening demand for finished steel and decreasing raw material prices.
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