India: ERW pipe prices rise by up to INR 900/t ($11/t) in key markets

ERW patra pipe (41-60 OD) prices rose by INR 900/t ($11/t) in Mandi Gobingarh and by INR 800/t ($10/t) in Raipur today, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 56,900/t ($714/t)
• Raipur: INR 54,400/t ($683/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.