India: ERW pipe prices rise INR 500/t ($6/t) in Raipur, Chhattisgarh

ERW patra pipe (41-60 OD) prices rose by INR 500/t ($6/t) in Raipur and by INR 300/t ($4/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 56,000/t ($709/t)
• Raipur: INR 54,500/t ($690/t)
• Prices are on exw basis, excluding GST at 18%.

On a weekly basis, prices rose INR 1,500/t ($19/t) in Raipur and by INR 1,550/t ($20/t) in Mandi Gobindgarh.