India: Patra prices remain stable across key markets

HR strip (patra) prices remain unchanged in Raipur and Mandi Gobindgarh on 8 Mar’22. Current offers for base grade patra (148-200 mm, 2mm thick) are at INR 63,200/t exw Raipur and INR 63,500/t exw Mandi Gobindgarh, excluding GST. Pipe prices were reported at INR 57,000/t in Raipur and INR 57,500/t in Mandi last week, up INR 6,200/t in Raipur and INR 6,000/t in Mandi, w-o-w.