India: ERW pipe prices edge up on rising demand across markets

ERW patra pipe prices increased by INR 200/t in Raipur today. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 52,300/t exw-Raipur, while prices are assessed at INR 54,000/t exw-Mandi Gobindgarh, Punjab – higher by INR 500/t d-o-d. SteelMint reported pipe prices in Raipur at INR 51,400/t last week, up INR 900/t w-o-w. Prices exclude GST.