Tag: India: ERW patra pipe prices show mixed trends w-o-w amid upcoming festivities

Unexpected rains, Karwa Chauth pressure demand Falling raw material prices reduce cost support Indian electric resistance welded (ERW) patra pipes (41-60 OD) dropped w-o-w in Raipur, while in Mandi Gobindgarh, tags remained stable. Unexpected rainfall in these regions was the primary cause, creating sluggish demand and slowing trade for finished steel. The downtrend was also…