India: ERW pipe prices contiune to fall d-o-d in major markets

Sluggish domestic demand continued to weigh on ERW patra pipe (41-60 OD) prices d-o-d today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 53,400/t ($668/t), down INR 400/t ($5/t)
• Raipur: INR 52,000/t ($650/t), down INR 500/t ($6/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.