Author: Manish Vasdev

Nepal’s domestic rebar prices fell further by NPR 2,000-3,000/tonne(t) ($17-25/t), w-o-w, due to seasonal weak demand along with the steel mills improving their capacity utilisation by 10%-20% to 50%-70%. Fresh offers for rebar floated by mid-sized plants are reported at NPR 85,000-86,000/t ($716-725/t), while those from the major mills that produce premium brands are at…