Tag: Nepal sponge deals

Nepal’s sponge iron imports hit all-time high in Sep’22

Sep 26, 2022

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by

Prashasti Giri

in Sponge Iron

Nepal’s sponge iron imports from India rose by 36% m-o-m to 65,300 t in Sep’22, hitting an all-time high. Rising melting capacities resulted in a significant growth in imports. Billets and flat steel imports fell by 46% and 17%, m-o-m respectively. However, it is expected that Nepal’s billets and wire rods imports may rebound in…