India: ERW pipe prices edge up with recovery in sales

ERW patra pipe prices increased by INR 200-500/t on recovery in domestic sales, as per SteelMint reports. Current offers for base grade ERW pipes (41 – 60 OD) are assessed at INR 51,500/t exw-Raipur and INR 53,000/t exw-Mandi. Prices do not include GST at 18%. Prices have edged up by INR 500/t in the Raipur market, and INR 200/t in Mandi Gobindgarh, as per SteelMint reports.