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 Mandi Gobindgarh and by INR 100/t ($1/t) in Raipur today, sources informed SteelMint. Current offers:

• Raipur: INR 51,200/t ($622/t)
• Mandi Gobindgarh: INR 52,400/t ($636/t)
• Prices mentioned above are exw, excluding GST at 18%.