India: ERW pipe prices rise sharply d-o-d in Raipur

ERW patra pipe (41-60 OD) prices rose sharply by INR 700/t ($9/t) d-o-d in Raipur while prices increased by INR 400/t ($5/t) in Mandi Gobindgarh today, sources informed SteelMint. Current offers-

• Raipur: INR 52,200/t ($642/t)
• Mandi Gobindgarh: INR 53,500/t ($658/t)
• Prices mentioned above are exw, excluding GST at 18%.