Rebar offers in Nepal remained flat at NPR 76,000-77,000/t ($572-579/t) and NPR 80,000-81,000/t ($602-610/t) ex-works for cash and bank guarantee, respectively. However, no deals have been heard. Wire rod coil (WRC) offers through the BF- and and EAF/IF-routes remained unchanged w-o-w at $560/t and $520-525 exw, respectively, as reported by players based in Durgapur. Trade activities remained sluggish amid subdued demand.
