India: ERW pipe prices fall marginally d-o-d in major markets

ERW patra pipe (41-60 OD) prices dipped by INR 100/t ($1/t) in Raipur and by INR 200/t ($3/t) in Mandi Gobindgarh markets today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 53,800/t ($673/t)
• Raipur: INR 52,500/t ($657/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.

On a weekly basis, prices declined by INR 500/t ($6) in Raipur and INR 2,300/t ($29/t) in Mandi.