India: ERW pipe prices stable in Raipur

ERW patra pipe prices remain unchanged in Raipur on low sales, while prices declined by INR 100/t at Mandi Gobindgarh in Punjab. Current offers for base grade ERW pipes (41-60 OD) are assessed at INR 55,000/t exw-Raipur and INR 57,400/t exw-Mandi. Prices do not include GST at 18%. "There is no sales in the market," a manufacturer from Mandi Gobindgarh informed.