Indian mills lift HRC export offers by $25 to Nepal

Major Indian steel mills have raised HRC export offers by around $25/t for Nepal, SteelMint learned from its trade channels. Offers were reported at around $520/t ex-mill (equivalent to $535 CFR Raxaul border) for Oct shipments against last deal reported at  $490-495/t (ex-mill) for Sep end shipments.In Jan- Aug’20, Nepal imported around 0.33 mn t HRC/plates from India