India: ERW pipe prices remain stable in Raipur, Chhattisgarh

Electric resistance welded (ERW) patra pipe prices remain unchanged in Raipur on 10 Mar’22 on account of slow sales. Current offers for base grade ERW pipes (41 – 60 OD) are assessed at INR 66,000/t (exw-Raipur). Meanwhile, prices are assessed at INR 67,500/t (exw-Mandi) – lower by INR 500/t d-o-d. SteelMint reported pipe prices in Raipur at INR 59,900/t last week, up INR 6,100/t w-o-w. Prices do not include GST at 18%.