SteelMint

Category: Pipes

  • India: Poor sales weigh on ERW pipe prices in key markets

    India: Poor sales weigh on ERW pipe prices in key markets

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    by

    Kanishka Chhabria
    in

    ERW patra pipe (41-60 OD) prices dropped further today due to poor sales in the domestic market, sources informed SteelMint. Current offers- Mandi Gobindgarh: INR 55,700/t ($702/t), down INR 300/t ($4/t) Raipur: INR 52,500/t ($661/t), down INR 1,000/t ($13/t) Prices mentioned are on exw basis, excluding GST at 18%. On weekly basis, prices fell INR…