India: ERW pipe prices edge down by up to INR 200/t ($3/t) in key markets

ERW patra pipe (41-60 OD) prices edged down by INR 200/t ($3/t) d-o-d in Mandi Gobindgarh and by INR 100/t ($1/t) in Raipur today. Current offers-

• Mandi Gobindgarh: INR 53,300/t ($683/t)
• Raipur: INR 50,900/t ($653/t)

Prices mentioned are on an exw basis, excluding GST at 18%.