Indian mills book over 15,000 t billets for Nepal

Nepal booked over 15,000 t billets from India, recently. Indian state-owned primary mill reported having booked four billet rakes (~11,000 t) at price levels of $430-435/t, exw ($450/t, CPT Nepal). While mid-size mills have booked ~5,000 t billets (via road delivery) at an average price of $396-398/t, exw ($420-425/t, CPT Nepal).


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