Author: Manish Vasdev
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Nepal increases billets sourcing from India
About 12,000 t of billets export deals were concluded this week to Nepal from eastern India. Nepal’s mills largely booked billets rather than sponge iron due to continued unscheduled power cuts in the country, leading to a temporary shutdown of several furnaces. About 9,000-10,000 t of induction furnace-route billets export deals were reported to Nepal…