India: ERW pipe prices edge up as sales gather pace

ERW patra pipe prices increased by INR 300-500/t on healthy recovery in domestic sales, as per SteelMint reports. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 51,000/t exw-Raipur and at INR 52,800/t exw-Mandi Gobindgarh. Prices do not include GST at 18%. Prices have edged up in the range of INR 500/t in the Raipur market and around INR 300/t in Mandi Gobindgarh.