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

ERW patra pipe (41-60 OD) prices decreased by INR 500/t ($6/t) in Raipur and by INR 400/t ($5/t) d-o-d in Mandi Gobindgarh today, sources informed SteelMint. Current offers

• Raipur: INR 51,500/t ($637/t)
• Mandi Gobindgarh: INR 52,700/t ($652/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.