India: ERW pipe prices fall by up to INR 600/t ($7/t) in key markets

ERW patra pipe (41-60 OD) prices fell by INR 600/t ($7/t) in Mandi Gobindgarh and by INR 300/t ($4/t) in Raipur on 18 Oct’22, sources told SteelMint. Current offers-

• Mandi Gobindgarh: INR 52,000/t ($631/t)
• Raipur: INR 51,200/t ($621/t)
• Prices mentioned above are exw, excluding GST at 18%.