Category: Wire Rod

Indian mid sized mills have reduced wire rod export offers to Nepal by around USD 10-15/MT in the last one week, according to SteelMint’s weekly assessment. Current offers for 5.5 mm reported at USD 510-515/MT on ex-mill basis (at Durgapur), which is equivalent to USD 535-540/MT CNF Nepal Raxaul land border. Large steel makers, who…