Author: Manish Vasdev
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India: IF-route billets sees good demand from Nepal buyers
About 15,000 tonnes (t) of Indian IF-route billet export deals were concluded this week to Nepal from the eastern region. The average prices of the mentioned deals were reported at $670-680/t exw-eastern India, equivalent to $700-705/t CPT Nepal. These offers fell by $35/t w-o-w. Also, the Nepal buyers resumed sponge iron purchases with gradual improvement…