Indian HRC export price for Nepal increases by $35/t in the recent deal

Eastern India based private steel mill is reported to have booked around 2 rakes of HRC (pipe grade & rerolling grade) at $625-630/t ex-mill (equivalent to $645-650/t CFR Raxual border) for Jan-Feb’21 shipments, SteelMint learned from its credible sources. Prices have increased by around $35 w-o-w on active buying inquiries from Nepal.