Author: Vinay Tiwari

Weak construction activity leads to cautious sentiment Traders make need-based purchases amid ample supply Nepal’s rebar prices declined w-o-w to NPR 79,000-81,000/t ($513-526) for cash deals, while bank guarantee transactions were heard at NPR 81,000-83,000/t ($526-539). Market sentiment remained cautious as construction activity and overall demand stayed weak, resulting in continued price pressure despite occasional…