Indian primary mills have further raised billet export offers to Nepal by USD 10/MT to USD 380-390/MT EXW eastern India (equivalent to USD 400/MT CPT Nepal). The offers have increased due to sufficient orders in hand, good realization in domestic market & hike in offers by secondary steel mills. Buyers in Nepal are not in hurry to book material at higher offers with bids at USD 360-365/MT EXW, equivalent to USD 380/MT CPT Nepal.
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