India: ERW pipe prices edge down further amid dull sales

Electric resistance welded (ERW) patra pipe prices declined by INR 1,700/t in Raipur, while prices inched down INR 3,000/t in Mandi Gobindgarh on subdued sales. Current base grade ERW pipe (41-60 OD) prices are assessed at INR 61,100/t exw Raipur and INR 61,500/t exw Mandi. SteelMint reported pipe prices in Raipur at INR 64,200/t last week, down INR 3,100/t w-o-w.


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