ERW pipe prices drop further by INR 1,000/t in central India

ERW patra pipe prices declined further by INR 1,000/t in Raipur, while prices decreased by INR 500/t in Mandi Gobindgarh on 12 Apr’22. Current prices of base grade ERW pipe (41-60 OD) are assessed at INR 59,000/t exw Raipur and INR 60,500/t exw Mandi, excluding GST. Pipe prices in Raipur were at INR 63,000/t last week, down INR 4,000/t on the week. In Mandi, prices edged down by INR 3,500/t w-o-w.