Nepal: Rebar prices remain stable w-o-w amid weak festive demand

Nepal’s rebar prices stayed unchanged w-o-w at NPR 72,500-74,500/t ($513-527/t) for cash guarantee sales and NPR 74,500-76,500/t ($527-541/t) for bank guarantee sales, as demand remained weak and markets closed during the festive season. Wire rod (IF-EAF) offers were also slightly lower at $478/t CNF Raxaul.


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