Author: Manish Vasdev

Domestic rebar prices in Nepal increased further by NPR 3,000/tonne (t) ($25/t), tracking the $15/t w-o-w rise in billet import offers from India. “Demand for rebars remained subdued due to the onset of the monsoon along with funds crisis. Hence, mills are operating at lower capacities of around 60-70%,” said an official from a renowned…