Electric resistance welded (ERW) patra pipe prices increased by INR 500/t in Punjab and Chhattisgarh on 16 Feb’22 on rising raw material costs. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 53,000/t exw-Raipur and INR 54,500/t exw-Mandi. SteelMint reported prices in Mandi at INR 55,700/t last week, lower by INR 1,200/t. Prices do not include 18% GST.
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