Author: Manish Vasdev

Nepal mills halt fresh bookings of raw materials amid dull domestic demand, festive holidays

Sep 23, 2022

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by

Manish Vasdev

in Billet

After hefty bookings of billets and wire rods from Indonesia, Nepal mills have halted fresh purchases citing weak domestic demand and festive holidays in October. Domestic rebar demand in Nepal is quite dull currently, hence offers have slipped by NPR 2,000/t ($15) w-o-w with fresh offers of rebars (12mm) standing at around NPR 89,000/t ($688)…