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

ERW patra pipe (41-60 OD) prices dropped by INR 500/t ($6/t) today in both Mandi Gobingarh and Raipur markets, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 56,100/t ($704/t)
• Raipur: INR 53,600/t ($673/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.