Author: Nikita
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India: ERW pipe makers likely to hike prices
The current trade offers as of week 23 of CY ’21 for base grade ERW pipes (25-125 NB, 2.2-6 mm thickness) are assessed at INR 70,000/tonne (exy-Delhi), INR 71,250/t (exy-Mumbai) and INR 69,000/t (exy-Raipur). Prices have remained unchanged since last week and do not include GST @ 18%. A pipe distributor from Raipur said, “APL…