India: ERW pipe prices inch down in key markets

ERW patra pipe (41-60 OD) prices marginally dropped by INR 100/t ($1/t) d-o-d in Mandi Gobindgarh and Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 50,000/t ($612/t)
• Raipur: INR 49,000/t ($599/t)
• Prices mentioned above are exw, excluding GST at 18%.