Nepal’s rebar prices dropped by NPR 100/t ($1/t) w-o-w to NPR 76,500-77,500/t ($545-552/t) for cash guarantee sales and NPR 78,500-79,500/t ($560–567/t) for bank guarantee ones, as demand remained weak during the monsoon season. Wire rod (IF-EAF) prices also declined by $1/t w-o-w to $497/t CNF Raxaul.
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