India: ERW pipe prices rise in key markets despite weak demand

ERW patra pipe (41-60 OD) prices moved up d-o-d in key markets today despite dull sales, sources informed SteelMint. Current offers-

• Mandi Gobindgarh: INR 58,000/t ($730/t), up by INR 500/t ($6/t)
• Raipur: INR 56,000/t ($705/t), up by INR 400/t ($5/t)
• Prices mentioned above are on exw basis, excluding GST at 18%.