On March 18, SteelOrbis reported that ex-India induction grade billet offers to Nepal were approximately at $485-490/mt CFR Nepal.
Sources inform SteelOrbis that as of April 5, billet offers are reportedly at $490-495/mt CFR. Compared to two weeks ago, prices are $5/mt higher. As the offer prices rise, a source noted that demand is limited on market uncertainty.