India: Billet export offers to Nepal rise by $15/t

  • Export offers for blast furnace billets to Nepal rose further by $10-15/t w-o-w to $660-665/t CPT Nepal. Offers for IF-route billet increased by $5-10/t, w-o-w, to $635-640/t exw-Durgapur, equivalent to $660-665/t CPT Nepal.
  • No major fresh bookings were reported as both buyers and sellers are in wait-and-watch mode after healthy bookings in the last few weeks.

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