India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 400/t ($5/t) d-o-d in Raipur, and by INR 300/t ($4/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 48,400/t ($585/t)
• Mandi Gobindgarh: INR 50,300/t ($608/t)
• Prices mentioned above are exw, excluding GST at 18%.