India: ERW pipe prices rise by INR 300/t ($4/t) in Mandi

ERW patra pipe (41-60 OD) prices rose by INR 300/t ($4/t) d-o-d in Mandi Gobindgarh and remained unchanged in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 50,300/t ($617/t)
• Raipur: INR 49,000/t ($601/t)
• Prices mentioned above are exw, excluding GST at 18%.