India: ERW pipe prices rise by up to INR 500/t ($6/t) d-o-d in key markets

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) in Mandi Gobindgarh and by INR 400/t ($5/t) d-o-d in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 50,000/t ($606/t)
• Raipur: INR 47,400/t ($574/t)
• Prices mentioned above are exw, excluding GST at 18%.