Category: Finish long
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Nepal: Rebar prices rise on firmer Indian market, higher input costs
Indian Market Strength and Higher Input Costs Support Nepal Rebar Moderate Demand and Flood Disruptions Limit Upside Nepal’s rebar prices continued to trend upward, increasing by NPR 4,000/t w-o-w to NPR 80,000/t for cash transactions, while bank-guarantee deals were assessed at NPR 80,000-82,000/t. The price increase was supported by firmer steel prices in the Indian…