India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 200/t ($2/t) d-o-d in Mandi Gobindgarh and by INR 100/t in Raipur ($1/t) today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 50,500/t ($609/t)
• Raipur: INR 48,500/t ($585/t)
• Prices mentioned above are exw, excluding GST at 18%.