Category: Rebar
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Nepal rebar prices rise amid improving sentiment, demand recovery awaited
Rebar prices increased amid firmer regional prices, while construction demand remained monsoon-affected. Demand is expected to improve as rainfall eases, supporting prices in coming weeks. Nepal’s rebar prices increased by NPR 500/t w-o-w to NPR 76,000/t for cash transactions, while bank-guarantee deals were assessed at NPR 78,000-80,000/t. The increase reflects firmer regional steel prices and…