ERW patra pipe prices increased by INR 1,200-2,300/t owing to hike in raw material costs. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 56,700/t exw-Raipur and at INR 59,500/t exw-Mandi Gobindgarh. Prices do not include GST at 18%. Prices have increased in the range of INR 1,200/t in Raipur and around INR 2,300/t in Mandi Gobindgarh.
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