Author: Manish Vasdev
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Nepal govt increases import duty on steel products by up to 20%
The Nepal government has raised import duties on several steel products like CR sheets, wire rods, structural steel and HR strips (patra) by 5-20% in its Budget announcement for the upcoming fiscal. Duties on HR sheets and billets have been kept unchanged. Out of 2.06 mnt of steel imported by Nepal in CY’21, the share…