India: Patra prices surge as demand soars in key markets

HR strip (patra) pipe prices rose by INR 2,000/t in Mandi Gobindgarh, while prices increased by INR 2,200/t in Raipur on 13 Apr’22. Current prices of base grade patra (148-200 mm, 2 mm thick) are at INR 60,000/t exw Mandi and INR 60,200/t exw Raipur, excluding GST. Pipe prices in Raipur were at INR 60,500/t last week, down INR 300/t on week, while prices have fallen by INR 1,300/t w-o-w in Mandi.


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