- Raipur prices remain range-bound amid supply hit by electricity disruptions
- Mandi Gobindgarh prices fall sharply on lower raw material prices, weak demand
ERW patra pipe prices (41-60 mm OD) declined to varying degrees w-o-w across key regions in the week ended 9 October 2026. Prices in Raipur fell marginally as electricity disruptions affected production and operating efficiency, while prices in Mandi Gobindgarh declined sharply amid lower raw material costs and subdued demand. Buying activity remained largely need-based in both markets, with buyers limiting purchases to immediate requirements amid uncertainty over further price movements and production conditions.
Similarly, on a d-o-d basis, patra pipe prices in Raipur fell by INR 500/t to INR 50,500/t exw on 9 October, compared with INR 51,000/t on 8 October. Moreover, In Mandi Gobindgarh, prices declined by INR 600/t to INR 52,900/t exw on 9 October from INR 53,500/t on 8 October.
Weekly price trends
Raipur: ERW patra pipe prices were marginally down by INR 100/t w-o-w to INR 50,500/t exw on 9 October from INR 50,600/t a week earlier. Unscheduled electricity cuts during the week driven by power shortage across the region disrupted production and increased operating costs, which in turn supported prices. Market enquiries improved slightly, but the recovery was limited, while buyers continued to procure mainly to meet immediate requirements.
A Raipur-based manufacturer said, “Frequent electricity disruptions during working hours are affecting our production schedules and efficiency. Lost production time and the additional cost of backup power have increased our per-unit costs, keeping our prices elevated.”
Mandi Gobindgarh: ERW patra pipe prices decreased by INR 1,900/t w-o-w to INR 52,900/t exw on 9 October from INR 54,800/t a week earlier. The decline was attributed to lower raw material costs and subdued demand throughout the week. Buyers remained cautious, limiting procurement amid weak market conditions.
A Mandi Gobindgarh-based manufacturer said, “Most manufacturers have accumulated sufficient inventory amid persistently weak demand, while limited buying activity continues to weigh on market sentiment. With demand showing little sign of improvement, prices are expected to decline further in the coming days.”
Raw material trends
HR strip (patra): HR strip (patra) prices in Raipur inched down by INR 100/t w-o-w to INR 49,500/t exw on 9 October from INR 49,600/t a week earlier. In Mandi Gobindgarh, HR strip prices declined by INR 1,900/t to INR 51,900/t exw from INR 53,800/t over the same period.
Billet: Billet prices moved lower in both markets. In Raipur, prices decreased by INR 650/t w-o-w to INR 45,100/t exw on 9 October from INR 45,750/t a week earlier. In Mandi Gobindgarh, billet prices fell by INR 900/t to INR 47,900/t delivered at place (DAP) from INR 48,800/t a week earlier.
Outlook
ERW patra pipe prices are likely to remain under pressure in the coming days amid weak demand and subdued buying, with sellers not expecting a significant recovery in the short term. Need-based procurement is expected to continue, limiting trading activity unless downstream demand improves. In Raipur, electricity disruptions, expected to persist through next week, could constrain production and support prices through higher operating costs. In Mandi Gobindgarh, prices may face further pressure if demand remains weak and raw material costs continue to decline.
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