A southern India based primary mill has concluded export deals of about two rakes (5,500 t) of blast furnace grade billets to Nepal at around $490/t exw, (equivalent to $525/t CPT Nepal, Raxaul/Jogbani border). Confirmation from company officials could not be received till the time of publishing. Prior to this, during Nov-end, an eastern India based mill has concluded a deal to Nepal at around $490/t exw (equivalent to $505/t CPT Nepal). Fresh offers of induction furnace grade billets are hovering at $490/t exw (equivalent to $515/t CPT Nepal), via road delivery.
Leave a Reply