Author: Manish Vasdev

  • Nepal: Rebar prices plunge $34/t on weak demand

    Nepal: Rebar prices plunge $34/t on weak demand

    Domestic rebar prices in Nepal fell further by NPR 4,000/tonne(t) ($34/t), w-o-w, on weak demand. Also, in the same period, billet import offers from India dropped by $20/t. Fresh rebar offers of 10-16 mm floated by mid-sized plants are reported at NPR 78,000-79,000/t ($653-662/t), while those from the major mills producing premium brands are at…