Author: Manish Vasdev
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Nepal’s domestic rebar prices rise, tracking higher input costs
Nepal mills, feeling the heat of a continuous increase in import prices of raw materials from India, have further raised their rebar offers despite moderate domestic demand. Rebar offers rose by NPR 2,000/t ($17/t) w-o-w. Fresh offers from standalone mid-sized rolling mills for 10-20 mm stood at NPR 88,000-89,000/t ($737-745/t) and from premium brands at…