Tag: India: Major producer increases ERW pipe prices for early-Mar’25 sales

A major eastern India-based steel manufacturer, specialising in ERW pipes, has increased list prices by approximately INR 1,000/t ($11/t) m-o-m for early-Mar’25 sales. Post revision, prices of base grade ERW pipes (25-125 NB, 2.2-6 mm thickness) were effectively at INR 61,000/t ($699/t) ex-Jharkhand, excluding GST at 18%. This rise in price is attributed to rising…