Author: Manish Vasdev
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Nepal’s domestic rebar prices remain stable w-o-w, demand yet to pick up
Rolling mills in Nepal are under pressure on account of modest finished steel demand in the domestic market. However, mills kept prices stable due to the volatility in Indian steel prices. As per SteelMint’s assessment, domestic rebar (12mm) prices in Nepal are hovering at around NPR 85,000/t ($651) exw, excluding VAT, stable w-o-w. The mills…