India: Leading ERW pipe maker hikes prices by INR 2,000/t ($24/t) for early-Feb’23

India’s leading ERW pipe manufacturer has announced a price hike of INR 2,000/t ($24/t) with effect from 1 Feb’23, sources informed SteelMint. Post-revision, the price of base grade ERW pipe (25-125 NB, 2.2-6 mm thickness) stands at INR 66,250/t ($809/t) exy-Pune and INR 64,000/t ($781/t) exy-Raipur, excluding GST at 18%.