India: ERW pipe prices increase sharply d-o-d in key markets

ERW patra pipe (41-60 OD) prices rose sharply by INR 600/t ($7/t) d-o-d in Mandi Gobindgarh and by INR 500/t ($6/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 53,100/t ($651/t)
• Raipur: INR 51,500/t ($631/t)
• Prices mentioned above are exw, excluding GST at 18%.