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

ERW patra pipe (41-60 OD) prices decreased by INR 600/t ($8/t) in Raipur and by INR 200/t ($3/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,900/t ($663/t)
• Raipur: INR 51,400/t ($644/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.