India: ERW pipe prices increase up to INR 1,000/t ($13/t) in key markets

ERW patra pipe (41-60 OD) prices increased by INR 1,000/t ($13/t) d-o-d in Mandi Gobindgarh and by INR 600/t ($8/t) in Raipur on 16 Jun’22. Current offers:

• Mandi Gobindgarh: INR 53,500/t ($685/t)
• Raipur: INR 51,600/t ($661/t)

Prices mentioned are on an exw basis, excluding GST at 18%.