Author: Romil Sethi

Nepal: Rebar offers hit nearly 7-month high on costlier imports, power curbs

Jan 28, 2023

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by

Romil Sethi

in Rebar

Steel mills in Nepal have raised rebar offers this week by NPR 1,500/t ($12/t). Current prices of rebar (12mm) are at around NPR 95,000-96,000/t ($728-736/t) exw, excluding VAT. Offers have hit nearly a seven-month high as these levels were last seen in June 2022, according to data maintained with SteelMint. Factors driving rebar offers –…