Author: Manish Vasdev

Nepal: Rebar offers rise even as mills ramp up billet import volumes

Jul 16, 2022

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by

Manish Vasdev

in Billet

Domestic rebar offers in Nepal rose by NPR 5,000/t ($39/t) w-o-w. Current offers for 12mm rebar stand at around NPR 96,000/t ($751/t) on ex-works basis, excluding VAT. While rebar offers climbed, mills booked healthy volumes this week, largely from the primary mills (BF-route). About seven to eight rakes (20,000-22,000 t) of BF-route billet deals were…