India: ERW pipe prices drop by INR 500/t ($6/t) in Mandi

ERW patra pipe (41-60 OD) prices dropped by INR 500/t ($6/t) in Mandi Gobindgarh and by INR 300/t ($4/t) in Raipur d-o-d’today, sources told SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,600/t ($639/t)
• Raipur: INR 51,500/t ($626/t)
• Prices mentioned above are exw, excluding GST at 18%.