India: ERW patra pipe prices inch up on rising demand

ERW patra pipe prices edged up by INR 600/t d-o-d in Raipur on 14 Apr’22 on the back improved demand in the domestic market. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 61,600/t exw Raipur. Meanwhile, prices are assessed at INR 62,800/t exw Mandi Gobindgarh, Punjab, higher by INR 800/t d-o-d. SteelMint reported pipe prices in Raipur at INR 62,600/t last week, down INR 1,000/t w-o-w. Prices exclude GST.