Author: Manish Vasdev
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Nepal: Rebar prices drop further on demand concerns, falling steel prices in India
Steel mills in Nepal are under pressure on prevailing dull demand, even though the festive season has come to an end. With the approaching general elections in the country, market participants are cautious and assuming that steel offtake would likely remain slow in the coming term. As per SteelMint’s weekly assessment, domestic rebar (12mm) prices…