Author: Manish Vasdev
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Nepal based mills prefer BF route billets from India on price competitiveness
Amidst price competitiveness, Nepal mills have booked hefty volumes of BF- route billets over the IF-route ones, this week. About 5-6 rakes (12,500-15,000 tonnes) of billet deals were reported this week through an eastern India-based primary mill at an average price of $650/t exw (loaded on to rake), equivalent to $665-670/t CPT Nepal. Where the…