Author: Manish Vasdev
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Eastern India Mills Raise Export Offers to Nepal, Demand Subdued
The mid sized mills based in Durgapur & Odisha (eastern India) have sharply raised steel export offers to Nepal following surge in Indian domestic prices. This week export offers of Billet & Wire rod to Nepal have surged by around USD 10/MT, meanwhile prices in domestic market gained by approximately INR 1,000-1,500/MT (USD 14-21). As…