India: ERW pipe prices decline d-o-d in key markets
ERW patra pipe (41-60 OD) prices declined by INR 300/t ($4/t) d-o-d today in Mandi Gobindgarh, where demand remained on the lower side. Moreover, prices in Raipur fell by INR 200/t ($2/t), where deals were heard concluded of around 500 t. Current offers:
- Mandi Gobindgarh: INR 47,200/t ($567/t)
- Raipur: INR 43,300/t ($520/t)
- Prices are exw, excluding 18% GST.