Author: Rounak Gairarey

An Odisha, eastern India based private producer reported one rake (2,450 t) of billet (100*100 mm ) export deal to Nepal at around $485-487/t (loaded to rake), equivalent to $505-510/t CPT Nepal. Fresh offers are assessed at $490/t, loaded on rake. Induction grade billet export prices from India have risen by $10/t w-o-w. Prior to…