India: ERW pipe prices fall by INR 700/t in key markets

ERW patra pipe (41-60 OD) prices fell by INR 700/t ($8/t) d-o-d in Mandi Gobindgarh. On the other hand, prices dropped by INR 300/t ($4/t) in Raipur today, sources informed SteelMint. Current offers:

• Mandi Gobindgarh: INR 51,200/t ($619/t)
• Raipur: INR 50,200/t ($607/t)
• Prices are exw, excluding 18% GST.