India: ERW pipe prices fall by INR 700/t ($9/t) in Mandi

ERW patra pipe (41-60 OD) prices fell by INR 700/t ($9/t) in Mandi Gobindgarh today. The same remained range-bound in Raipur, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 54,700/t ($699/t)
• Raipur: INR 53,300/t ($681/t)
• Prices mentioned are on an exw basis, excluding GST at 18%.

On a weekly basis, prices rose INR 1,200/t ($15/t) in Raipur and INR 700/t ($9/t) in Mandi.