Nepal: Rebar offers remain stable w-o-w amid muted trade

Nepalese rebar offers remained stable w-o-w for both cash and bank guarantee, with offers hovering around NPR 76,000-77,000 ($567-574/t) and 78,000-80,000/t ($582-597/t). Due to weak market conditions no deal has been finalised. BF-route wire rod coil (WRC) offers fell by $15/t w-o-w to $550-560/t exw. However, EAF/IF-origin WRC offers remained unchanged w-o-w at $510/t exw Durgapur.


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