India: ERW patra pipe prices show uptrend amid higher raw material costs

• Anti-dumping duty on Vietnamese flats boosts sentiment
• Scrap shortages contribute to price rise, but demand muted

ERW patra pipe (41-60 OD) prices in India trended upward this week in both Raipur and Mandi Gobindgarh. Price movements were largely influenced by an increase in raw material prices.

Furthermore, market sentiment was boosted by the declaration of anti-dumping duties on imports of hot-rolled flat products originating in or exported from Vietnam, according to BigMint’s sources.

Another source indicated that “a shortage of scrap in the market has caused a price increase, and these elevated tags are likely to persist in the near term.” However, demand showed mixed trends.

ERW patra pipe prices were at INR 38,400/t in Raipur and INR 41,700/t in Mandi Gobindgarh on 15 November 2025. Listed prices are ex-works (exw), excluding 18% GST.

Price assessments (w-o-w) 

Raipur: ERW patra pipe prices increased by INR 300/t w-o-w to INR 38,400/t exw-Raipur on 15 November 2025 against INR 38,100/t a week ago. Trades for around 1,400 t were heard concluded in patra-based pipes this week, indicating improved demand. Last week, BigMint recorded deals for around 800 t.

Mandi: Prices rose by INR 700/t w-o-w to INR 41,700/t exw-Mandi Gobindgarh from INR 41,000/t on 7 November 2025. Trades for around 5,000 t of patra-based pipes were recorded for the week.

Raw material price trends

Prices of key raw materials such as hot-rolled strip (patra) and billets increased in both Raipur and Mandi compared to last week.

HR strip (patra) prices in Raipur stood at INR 38,000/t exw-Raipur, up by INR 500/t w-o-w as compared to INR 37,500/t on 7 November 2025. Moreover, patra prices in Mandi rose by INR 800/t w-o-w to INR 40,700/t exw-Mandi Gobindgarh on 14 November 2025 as compared to INR 39,900/t a week ago.

Billet prices in Raipur went up by INR 650/t w-o-w to INR 35,450/t exw-Raipur on 14 November against INR 34,800/t last week. Additionally, billet prices in Mandi increased by INR 750/t w-o-w to INR 39,300/t from INR 38,550/t on 7 November.

Outlook

ERW patra pipe prices are likely to remain elevated in the near term, driven by rising raw material costs (patra, billet) and a scrap shortage. Recent price increases in both Raipur and Mandi Gobindgarh, coupled with positive market sentiment from anti-dumping duties, suggest continued upward pressure, despite mixed demand trends.