India: ERW pipe prices drop d-o-d in key markets

ERW patra pipe (41-60 OD) prices dropped by INR 800/t ($10/t) d-o-d in Raipur and Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 48,200/t ($590/t)
• Mandi Gobindgarh: INR 49,000/t ($600/t)
• Prices mentioned above are exw, excluding GST at 18%.