Raipur, central India based an integrated plant has concluded a export deal for one rake (2,600 t) of wire rod (SAE 1008 grade) to Nepal recently at around $575/t exw, (equivalent to $600/t CPT Nepal). While, the fresh offers have been raised by the company at $590/t exw. The prices are rally on account of strong domestic & export demand amid tight allocations by primary steel mills.
Leave a Reply