Author: Manish Vasdev

Nepal’s domestic steel demand remains subdued, rebar prices stable w-o-w

Dec 3, 2022

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by

Manish Vasdev

in Rebar

Domestic steel demand in Nepal remains subdued. This, in turn, has kept steel prices stable in the country. The ongoing liquidity crunch is somehow reflected in the country’s steel demand, sources based in Kathmandu stated. Current rebars (12mm) prices in Nepal are reported at around NPR 85,000-86,000/t ($654-661) exw, excluding VAT, stable w-o-w. The mills…