Tag: Indian mill books five rakes of HRC for exports to Nepal

A private Indian steel major has concluded an export deal for five rakes of re-rolling grade HRC to Nepal a couple of days back. The deal was concluded at $855/ CFR Raxaul border (equivalent to $835/t ex-plant) for end-April delivery. Fresh offers for imported HRCs from Indian mills stand around $870-875/t CFR Raxaul border ($850-855/t…