India: ERW pipe prices rise by up to INR 1,200/t ($15/t) in key markets

ERW patra pipe (41-60 OD) prices rose by INR 1,200/t ($15/t) in Raipur and by INR 1,100/t ($14/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 57,500/t ($726/t)
• Raipur: INR 55,600/t ($702/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.