India: ERW pipe prices fall in key markets

ERW patra pipe (41-60 OD) prices fell by INR 500/t ($6/t) d-o-d in Mandi Gobindgarh and marginally by INR 100/t ($1/t) in Raipur today, sources informed SteelMint. Current offers:

• Raipur: INR 49,400/t ($606/t)
• Mandi Gobindgarh: INR 51,000/t ($617/t)
• Prices mentioned above are exw, excluding GST at 18%.