Tag: Indian HRC export offers to Nepal decline

SteelMint learned from Nepal based market sources that Indian HRC export prices to Nepal have moved down significantly by USD 25-30/MT M-o-M in recent trades concluded. Trade sources mentioned that major Indian  steel mill has booked 15,000 MT of HRC (2mm, IS 10748) for export to Nepal at around USD 585/MT (ex-factory). The CFR Raxaul…