Author: Manish Vasdev

Domestic rebar prices in Nepal increased by NPR 3,000/tonne (t) ($25/t), following a rise in billet import offers by $15/t, w-o-w. However, local finished steel demand remained low due to seasonal slowdown in construction works, sources based in Kathmandu said. Current offers for 10-16 mm rebars floated by mid-sized plants are reported at NPR 78,000-79,000/t…