Author: Romil Sethi

Steel mills in Nepal have raised rebar offers this week by NPR 2,500/t ($20). Current prices of rebar (12mm) are at around NPR 94,000-95,000/t ($722-730/t) exw, excluding VAT. Offers have hit a six-month high as similar levels were last seen in July 2022, according to data maintained with SteelMint. Factors driving up rebar offers Costlier…