Tag: India: Mills raise HRC export offers to Nepal after recent deals

An Indian steel major has booked two rakes of re-rolling grade HRCs for exports to Nepal for May’23 delivery. The deal was sealed at $720-725/t landed Raxaul border. There are deliveries pending for late February and March which have spilled over in April. Thus, Indian mills are now offering at $735-740/t CFR for May shipments,…