Author: Manish Vasdev
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Nepal: Higher demand lifts domestic rebar prices
Domestic rebar offers in Nepal increased by NPR 1,000/tonne (t) ($8/t), w-o-w, on account of active demand and rise in Indian steel prices. Sources said, with a slight uptick in prices, lifting of the material improved in the local market. This, in turn, eased selling pressure on the mills.