Author: Manish Vasdev

An Eastern India-based primary mill has concluded 2-3 rakes (about 6,000-8,000 t) of billet export deals to Nepal at $540-545/t loaded to rake (equivalent to $560/t CPT Nepal), following which offers have been raised to $560/t loaded to rake. The Nepal buyers are seen to be highly-interested in booking primary mills’ blast furnace grade billet…