India: ERW pipe prices edge higher across key markets

ERW patra pipe prices increased by INR 100/t in Raipur. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 49,500/t exw-Raipur. Meanwhile, pipe prices are at INR 51,000/t in Mandi Gobindgarh, up INR 400/t d-o-d. SteelMint reported pipe prices in Raipur at INR 47,000/t last week. Prices do not include GST at 18%.