India: ERW pipe prices fall by INR 300/t d-o-d in key markets

ERW patra pipe (41-60 OD) prices fell by INR 300/t ($4/t) d-o-d in Mandi Gobindgarh and by INR 200/t ($2/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 52,600/t ($635/t)
• Raipur: INR 50,800/t ($613/t)
• Prices are exw, excluding 18% GST.