Tag: Indian mills conclude HRC export deal to Nepal

Indian steel mills have concluded HRC export deals to Nepal for Oct’20 shipments, SteelMint learned from its credible sources. The deal of few rakes is reported to have concluded around $490-495/t EXW eastern India. Meanwhile freight component will be around $15-18/t. Nepal imported over 0.4 mn t HRC/plates in CY’19, having major share from India.