Author: Manish Vasdev

Indian billet export offer to Nepal surged by up to $20/t w-o-w. The re-rollers in Nepal, following suit,  also raised rebar offers by NPR 1,000-2,000/t ($8-17/t) despite moderate demand. Fresh offers for 10-20mm rebars were reported at NPR 92,000-93,000/t ($762-771/t). Prices were on an ex-works basis, excluding VAT. As per the re-rolling mills, the ongoing…