Author: Rounak Gairarey
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Nepal: Mills Reduce Rebar Prices on Seasonal Weak Demand & Falling Indian Steel Prices
As per producers in Nepal, the long steel – Rebar prices in domestic market down by NPR 2,000-3,000/MT (USD 18-27) in current week. The reason behind the price fall is seasonal poor inquiries in local market & declining Indian domestic and export prices. Nepal’s 90-95% of steel imports is made from India, as per data…