Tag: Indian HRC export price for Nepal increases by $10/t in recent deals

Indian mills have increased their HRC (re-rolling grade) offers for Nepal by $10/t this week. In a recent deal concluded, around four rakes of Indian origin HRC have been booked at $560-565/t ex-mill (equivalent to $580-585/t CFR Raxual border) for Dec- Jan shipments, SteelMint learned from market sources. Nepal imported 0.327 mn t HRC/plate during…