India: ERW patra pipe prices rise by up to INR 2,300/t w-o-w in key markets
ERW patra pipe prices rose by INR 2,300/t w-o-w in Mandi Gobindgarh, Punjab, while prices in Raipur, Chhattisgarh, increased by INR 1,600/t w-o-w. Base-grade patra pipe (41-60 OD) prices stood at INR 45,200/t exw-Mandi and INR 42,700/t exw-Raipur on 27 Sep'24. Prices exclude 18% GST. Prices increased amid higher raw material costs and improved trading activity in finished steel.