India: ERW patra pipe prices rise in major markets

ERW patra pipe (41-60 OD) prices rose d-o-d today in Mandi Gobindgarh and Raipur markets on the back of improved demand. Current offers:

• Mandi Gobindgarh: INR 53,500/t ($685/t), up INR 1,000/t ($13/t)
• Raipur: INR 51,000/t ($653/t), up INR 400/t ($5/t)

Prices mentioned are on an exw basis, excluding GST at 18%.