India: ERW pipe prices fall d-o-d in key markets

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

• Mandi Gobindgarh: INR 55,800/t ($698/t)
• Raipur: INR 53,000/t ($663/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.