India: ERW pipe prices largely stable in key markets

ERW patra pipe prices remain unchanged in the key central Indian market of Raipur and Mandi Gobindgarh in Punjab on account of dull sales, SteelMint notes. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 49,500/t exw-Raipur and INR 51,500/t exw-Mandi. Prices do not include GST at 18%.