India: ERW pipe prices edge up by INR 200/t ($3/t) in Mandi

ERW patra pipe (41-60 OD) prices edged up by INR 200/t ($3/t) in Mandi Gobindgarh while prices remained unchanged d-o-d in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,800/t ($663/t)
• Raipur: INR 51,500/t ($647/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.

On a monthly basis, prices dropped by INR 3,000/t ($38/t) in Raipur and by INR 3,300/t ($41/t) in Mandi Gobindgarh against 1 Aug’22.