Nepal’s rebar prices rose by NPR 2,800/t ($19) w-o-w to NPR 84,000-86,000/t ($560-572) for cash deals, while bank guarantee sales reached NPR 86,000-88,000/t ($572-585). Market conditions remained stable, though retail demand slowed, with dealers focusing on yard stocking. Meanwhile, IF-EAF wire rod prices increased by around $15/t w-o-w to nearly $566/t CNF Raxaul.
Leave a Reply