Author: Manish Vasdev
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Falling production levels further lifts Nepal’s domestic rebar prices by NPR 4,000/t ($34)
Nepal’s rolling mills reported a further hike in rebar prices by NPR 4,000/t ($34) & the same hike was reported previous week, on w-o-w basis. The prices rallied due to a fall in production, which is currently 60-70% as oxygen supply is restricted to the plants to give priority to healthcare. Another reason behind the…