Author: Vinay Tiwari

Prices rise despite muted construction demand Higher sponge iron, billet prices lift production costs Nepal’s rebar prices increased by NPR 3,000/t ($19/t) w-o-w to NPR 86,000/t($562/t) amid subdued construction activity. The price rise was primarily driven by higher raw-material costs and relatively tight availability, despite limited buying interest in the domestic market Nepal’s bank-guarantee (BG)…