India: ERW pipe prices drop by INR 600/t ($8/t) in Mandi

ERW patra pipe (41-60 OD) prices dropped by INR 600/t ($8/t) in Mandi Gobindgarh while prices remained largely stable in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 55,400/t ($694/t)
• Raipur: INR 53,000/t ($664/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.