Author: Manish Vasdev

Domestic rebar offers in Nepal remained stable w-o-w, following subdued demand and volatile Indian steel prices, the latter being the trend-setter for Nepal’s domestic steel market. Inquiries for imported billets was also low. Domestic rebar offers in Nepal are currently hovering at NPR 84,000-85,000/tonne (t) ($707-716/t) for 10-20 mm through the standalone mid-sized rolling mills.…