Tag: India: Dull demand continues to weigh on ERW pipe prices
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India: Dull demand continues to weigh on ERW pipe prices
ERW patra pipe (41-60 OD) prices continued their downtrend d-o-d due to subdued demand in the domestic market, sources informed SteelMint. Current offers- Mandi Gobindgarh: INR 54,800/t ($685/t), down INR 1,000/t ($13/t) Raipur: INR 52,300/t ($654/t), down INR 700/t ($9/t) Prices mentioned above are on exw basis, excluding GST at 18%.