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

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) in Raipur, and by INR 300/t ($4/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 51,500/t ($622/t)
• Mandi Gobindgarh: INR 52,900/t ($639/t)
• Prices mentioned above are exw, excluding GST at 18%.