Indian HRC export price for Nepal increases further by $10/t in the recent deal

Indian mills have increased their HRC (re-rolling grade) offers for Nepal by $10/t this week in a recent deal concluded. Around two rakes of HRC have been booked at $570-575/t ex-mill (equivalent to $590/t CFR Raxual border) for end Dec-early Jan shipments, SteelMint learned from market sources. After this booking mills have raised HRC offers to Nepal to $590/t (ex-mill).