India: ERW pipe prices stable across key markets

ERW patra pipe prices remain unchanged in Raipur and Mandi Gobindgarh, Punjab on subdued sales today. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 53,500/t exw-Raipur and INR 55,500/t exw-Mandi. SteelMint reported pipe prices at INR 52,500/t in Raipur and INR 55,100/t in Mandi last week, edged up by INR 1,000/t and INR 400/t w-o-w. Prices exclude GST.