Author: Manish Vasdev
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Nepal’s domestic rebar offers rise further on surging raw materials’ import offers
Indian billets export offers to Nepal have risen by $70/t w-o-w. Following the rise in import offers of raw materials i.e. sponge iron and billets from India, rebar manufacturers in Nepal have raised offers to pass on the higher input costs to customers. Meanwhile, rebar demand in Nepal remains subdued due to the significant rally…