Author: Manish Vasdev
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Indian Billet Export Offers to Nepal Increases, Buying Remain Subdued
Rising export offers has made demand sluggish from Nepal’s re-rollers, as per participants. Induction grade Billet export offers to Nepal increased about USD 10/MT day-on-day. Similarly, Wire rod export offers being raised by USD 5-10/MT. As per update, the current export offers of Billet produced through EA or induction furnaces are evaluated at USD 505-510/MT…