SteelMint

Category: Pipes

  • India: ERW pipe prices drop further d-o-d in key markets

    India: ERW pipe prices drop further d-o-d in key markets

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    by

    Kanishka Chhabria
    in

    ERW patra pipe (41-60 OD) prices decreased in major markets due to sluggish demand, sources informed SteelMint. Moreover, in Raipur, mills have adopted production cuts amid higher input costs and squeezing margins. Current offers- Mandi Gobindgarh: INR 56,000/t ($706/t), down INR 400/t ($5/t) Raipur: INR 53,500/t ($674/t), down INR 500/t ($6/t) Prices mentioned above are…