India: ERW pipe prices rise as sales volumes surge

Electric resistance welded (ERW) patra pipe prices increased by INR 1,000/t on 3 Jan’21 on improved domestic sales. Current offers for base grade ERW pipe (41-60 OD) are assessed at INR 52,000/t exw-Mandi and INR 49,600/t exw-Raipur. Meanwhile, prices have edged higher by INR 100/t in Raipur. SteelMint reported pipe prices in Raipur at INR 49,400/t last week. Prices do not include GST.


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