Tag: CFR Raxual Border
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Indian mill books two rakes of HRC for export to Nepal
An Indian steel major has concluded an export deal of two rakes of re-rolling grade HRC to Nepal earlier this week. The deal was concluded at $855/t CFR Raxual Border (equivalent to $835/t ex-plant) for end-April delivery. Nepal’s HRC imports aggregated to 280,751 t in (Apr’21-Jan’22) FY’22. India holds the lions share of 98% at…