India: ERW pipe prices fall on weak sales

Electric resistance welded (ERW) patra pipe prices decreased by INR 400/t in Raipur and INR 200/t in Mandi Gobindgarh on account of dull sales, as per SteelMint reports. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 49,200/t exw-Raipur and INR 51,300/t exw-Mandi. Prices do not include GST at 18%.