India: ERW pipe prices fall by up to INR 300/t ($4/t) in key markets

ERW patra pipe (41-60 OD) prices fell by INR 300/t ($4/t) in Mandi Gobingarh and by INR 200/t ($3/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 56,600/t ($712/t)
• Raipur: INR 54,100/t ($681/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.