Author: Manish Vasdev
-

Nepal: Domestic rebar prices stable despite rise in billet import prices
Domestic rebar prices in Nepal stayed firm w-o-w, although buying improved at the prevailing lowered offers. However, during this period, billet import offers rose by $15-20/t amidst a slight rise in Indian domestic steel prices on account of curbs in furnaces’ production levels. Due to the lower rebar prices, buyers have resumed purchases since they…