India: ERW pipe prices drop in central and northern regions

ERW patra pipe prices fell by INR 800/t in Raipur and INR 500/t in Mandi Gobindgarh on 22 Apr’22 owing to lower sales. Current base grade ERW pipe (41-60 OD) prices are at INR 63,300/t exw Raipur and INR 65,500/t exw Mandi, excluding GST. Last week, pipe prices were at INR 62,500/t in Raipur and INR 64,500/t in Mandi.