Author: Manish Vasdev
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India: BF-route billet demand remains active from mills in Nepal
About two-three rakes of blast furnace (BF)-route billet deals were reported to Nepal this week. Mills in Nepal remain active in booking BF billets due to competitive prices compared to induction furnace (IF) route material. The average price of BF billets was heard at $620/t, while fresh offers are higher at $625-630/t CPT Nepal. Fresh…