India: ERW pipe prices decline in key markets

ERW patra pipe (41-60 OD) prices declined d-o-d by INR 400 ($5/t) in Raipur and by INR 200 ($2/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 52,800/t ($638/t)
• Raipur: INR 50,500/t ($610/t)
• Prices are exw, excluding 18% GST.