Nepal: Rebar offers remain flat w-o-w amid low market sentiments

Nepal’s rebar offers remained unchanged for cash and bank guarantee at NPR 91,000-92,000/t ($684-692/t) and NPR 91,000-93,000/t ($684-700/t) exw. However, no deals have been heard concluded due to lack of trading activity. WRC offers to Nepal through the BF remained absent in absence of allocations, however, indications at $590-600/t exw. EAF/IF-routes slightly decreased by $3/t w-o-w to $562-568/t, exw Durgapur, sources informed.