India: ERW pipe prices remain stable across key markets

Electric resistance welded (ERW) patra pipe prices remain unchanged in Raipur and Mandi Gobindgarh on subdued sales on 4 Mar’22. Current base grade ERW pipe (41-60 OD) prices are at INR 61,500/t exw Raipur and INR 62,600/t exw Mandi Gobindgarh, excluding GST. Pipe prices were at INR 63,200/t in Raipur and INR 65,000/t in Mandi last week, down INR 1,700/t in Raipur and INR 2,400/t in Mandi w-o-w.


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