Nepal: Rebar offers remain unchanged w-o-w amid stable market sentiments

Nepal’s rebar prices remained unchanged for the week for cash and bank guarantee at NPR 79,000-80,000/t ($590-598/t) and NPR 82,000/t ($613/t), respectively. However, no deals have been heard. Wire rod coil (WRC) offers through the BF-and EAF/IF-routes remained unchanged w-o-w at $540-545/t and $520-525/t exw, as reported by players based in Durgapur. Trade activities remained sluggish amid slow demand.