Nepal: Finished flat steel imports down 9% on month in Aug’21

Nepal’s finished flat steel imports stood at 45,154 t in Aug’21, down 9% as against 49,520 t in Jul, as per customs data.

Product-wise break up:

  • HRC/plate imports stand at 26,375 t in Aug, up 38% against 19,089 t last month
  • CRC imports decline 56% to 4,158 t in Aug compared to 9,519 t in Jul.
  • Logistical hurdles due to monsoon flooding, landslides along with concerns around rising Covid cases weigh on trading activity.

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