India: ERW pipe prices fall by up to INR 700/t ($9/t) in key markets

ERW patra pipe (41-60 OD) prices fell by INR 700/t ($9/t) in Mandi Gobindgarh and by INR 400/t ($5/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 54,000/t ($676/t)
• Raipur: INR 52,600/t ($659/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.