ERW patra pipe prices edge down by INR 200/t ($3/t) in central India

ERW patra pipe prices edged down by INR 200/t ($3/t) in Raipur while prices remained stable in Mandi Gobindgarh d-o-d today. The current base grade ERW pipe (41-60 OD) prices stand at INR 60,000/t ($774/t) exw-Mandi and INR 58,600/t ($756/t) exw-Raipur, excluding GST at 18%. On a weekly comparison, prices declined by INR 1,600/t ($21/t) in Raipur and by INR 3,000/t ($39/t) in Mandi.