India: ERW pipe prices remain stable d-o-d in key markets

ERW patra pipe (41-60 OD) prices remained stable d-o-d in Raipur and Mandi Gobindgarh. However, trade activities in both the markets improved today, informed sources. Deals were heard concluded of around 3,800 t at Raipur and around 700 t at Mandi. Current offers:
- Raipur: INR 43,300/t ($521/t)
- Mandi Gobindgarh: INR 47,200/t ($568/t)
- Prices are exw, excluding 18% GST.