Author: Manish Vasdev

Nepal buyers remained active in importing billets and sponge iron from India to build up the raw materials stock. About 5,000 t of IF-route billet export deals from India were concluded this week to Nepal. The average price of these deals stood at around $570-580/t exw-Durgapur, equivalent to $595-605/t CPT Nepal. Offers rose by $25/t,…