India: ERW pipe prices increase by INR 400/t ($5/t) d-o-d in Mandi

ERW patra pipe (41-60 OD) prices rose by INR 400/t ($5/t) in Mandi Gobindgarh, while prices remained stable in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 56,400/t ($706/t)
• Raipur: INR 53,500/t ($670/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.