India: Patra prices soar as demand rises in key markets

HR strip (patra) pipe prices surged by INR 1,900/t in Mandi Gobindgarh, while prices increased by INR 1,500/t in Raipur on 15 April 2022. Current prices of base grade patra (148-200 mm, 2 mm thick) are at INR 62,200/t exw-Mandi and INR 61,700/t exw-Raipur, excluding GST. Pipe prices in Raipur were at INR 60,000/t last week, higher by INR 1,700/t w-o-w, while the same increased by INR 1,900/t w-o-w in Mandi.


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