India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) in Mandi Gobindgarh and by INR 300/t ($4/t) in Raipur today compared to 13 August, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 56,900/t ($716/t)
• Raipur: INR 54,300/t ($684/t)
• Prices mentioned above are on exw-basis, excluding GST at 18%.