India: ERW pipe prices fall by up to INR 400/t ($5/t) in key markets

ERW patra pipe (41-60 OD) prices fell by INR 400/t ($5/t) d-o-d in Mandi Gobindgarh and by INR 300/t ($4/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,100/t ($632/t)
• Raipur: INR 51,300/t ($622/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.