India: ERW pipe prices drop by INR 400/t ($5/t) in key markets

ERW patra pipe (41-60 OD) prices dropped by INR 400/t ($5/t) in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh d-o-d on 13 Oct’22 amid weak demand, sources told SteelMint. Current offers:

  • Raipur: INR 52,200/t ($634/t)
  • Mandi Gobindgarh: INR 53,100/t ($645/t)
  • Prices mentioned above are exw, excluding GST at 18%.

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