Author: Manish Vasdev
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Nepal’s domestic rebar prices surge on active demand and rising billet import offers
Local mills in Nepal reported a hike in rebar prices by NPR 2,000/t ($17), w-o-w, on account of rising billet import offers from India & active domestic demand. The current rebar offers are assessed at around NPR 84,000/t ($709) through the mid-sized plants & NPR 87,000-88,000/t ($735-743) through the major mills/premium brands. The prices are…