Tag: India: ERW patra pipe prices drop w-o-w on slow trade activities in key markets

Prices of electric resistance welded (ERW) patra pipes (41-60 OD) dropped w-o-w in both Raipur and Mandi Gobindgarh amid sluggish demand and trade activities for finished steel in both markets. In addition, declining raw materials prices in key markets pushed pipe prices lower. The steel market is experiencing a slowdown. Demand for both finished and…