India: ERW pipe prices rise by INR 800/t ($10/t) in Mandi

ERW patra pipe (41-60 OD) prices jumped by INR 800/t ($10/t) in Mandi while prices remained unchanged in Raipur because of poor domestic demand, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 58,800/t ($739/t)
• Raipur: INR 56,000/t (704/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.