India: ERW pipe prices rise in key markets

ERW patra pipe (41-60 OD) prices rose by INR 700/t ($8/t) d-o-d in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh, sources informed SteelMint. Current offers are:

• Raipur: INR 51,500/t ($629/t)
• Mandi Gobindgarh: INR 53,000/t ($647/t)
• Prices are exw, excluding 18% GST.