India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) d-o-d in Raipur, and marginally by INR 100/t ($1/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Raipur: INR 51,000/t ($616/t)
• Mandi Gobindgarh: INR 52,600/t ($635/t)
• Prices mentioned above are exw, excluding GST at 18%.