Nepalese rebar offers for cash and bank guarantee dipped by NPR 1,000/t ($7/t) w-o-w to NPR 76,000-77,000 ($567-574/t) and 78,000-80,000/t ($582-597/t), this decline is attributed to low demand amid extreme weather conditions. However, no deals have been heard concluded. BF-route wire rod coil (WRC) offers stood at $570/t exw. EAF/IF WRC offers remained range-bound for the week at $515/t exw Durgapur.
Leave a Reply