Author: Manish Vasdev
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Nepal’s domestic rebar demand improves, prices firm w-o-w
Domestic rebar offers within Nepal were stable w-o-w. However, demand picked up slightly, which, in turn, eased selling pressure on the local mills. Rebar offers from standalone mid-sized rolling mills for 10-20 mm currently stand at NPR 81,000-82,000/tonne (t) ($670-678/t). However, the plants which have CCMs (own billet plants) are selling as per needs and…