Dull sales have pushed ERW patra pipe prices down by INR 1,000/t ($13/t) in Mandi and by INR 200/t ($3/t) in Raipur today. The current base grade ERW pipe (41-60 OD) prices stand at INR 62,000/t ($800/t) exw-Mandi and INR 61,000/t ($787/t) exw-Raipur. Prices have declined by INR 2,500/t ($32/t) in Mandi and by INR 1,500/t ($19/t) in Raipur w-o-w excluding GST at 18%.
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