India: ERW pipe prices fall in key markets

ERW patra pipe (41-60 OD) prices fell by INR 300/t ($4/t) d-o-d in Raipur and by INR 100/t ($1/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 48,000/t ($579/t)
• Mandi Gobindgarh: INR 50,000/t ($604/t)
• Prices mentioned above are exw, excluding GST at 18%.