India’s HRC export offers to Nepal remained unchanged w-o-w at around $485/t CFR Raxaul. Moreover, a deal of approximately 21,000 t was reportedly concluded at $480–484/t CFR levels for Dec’25 shipments. “Despite these bookings, volatile demand in the region still persists”, noted by a BigMint’s reliable source. India exported 37,370 t of steel to Nepal in Oct’25, up by 7% m-o-m.
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