India: ERW pipe prices fall in Raipur, inch up in Mandi

Electric resistance welded (ERW) patra pipe prices decreased by INR 300/t in Raipur, while prices moved higher by INR 200/t in Mandi Gobindgarh, Punjab. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 48,500/t exw-Raipur and INR 51,200/t exw-Mandi. SteelMint assessed pipe prices in Raipur at INR 49,200/t last week. Prices do not include GST at 18%.