Author: Manish Vasdev

After hefty bookings of wire rods from Indonesia, Nepal mills have also booked billets from the country. Current offers of Indonesian BF-route billets reported at around $530-535/t CFR Haldia, equivalent to $580/t CPT Nepal, lower by around $20/t from previous deals. If sources are to be believed, the previous bookings were made at nearly $555-560/t…