Author: Manish Vasdev
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India: BF-route billet export offers to Nepal up $20/t amid supply shortage
India’s primary mills, based in the eastern region, raised their blast furnace (BF)-route billet export offers to Nepal by $20/tonne (t) on account of slight supply shortage. The fresh offers are reported at around $795-800/t CPT Nepal and a rake deal has been reported recently. Where induction furnace (IF)-route billets (produced by mid-sized plants) are…