India: ERW pipe prices rise by up to INR 300/t ($4/t) d-o-d in key markets

ERW patra pipe (41-60 OD) prices rose by INR 300/t ($4/t) in Raipur and by INR 200/t ($2/t) d-o-d in Mandi Gonbindgarh today, sources informed SteelMint. Current offers-

• Raipur: INR 46,300/t ($567/t)
• Mandi Gobindgarh: INR 48,500/t ($594/t)
• Prices mentioned above are exw, excluding GST at 18%.