Author: Manish Vasdev

Nepal: Domestic Steel Prices Drop by NPR 3,000/MT (USD 26) on Weak Demand

Feb 13, 2020

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by

Manish Vasdev

in Billet

Domestic steel prices in Nepal witnessed a downtrend over weak demand and falling Indian steel prices in the secondary market, as per participants. In conversation with mills in Nepal, SteelMint assessed that currently production utilization through the major mills is not more than 60-70%. Local rebar prices in Nepal fell by NPR 3,000/MT (USD 26)…