Tag: Nepal: Domestic rebar offers remain under pressure w-o-w

In Nepal, rebar offers have corrected by NPR 500-1000/t and are hovering at NPR 75,000-76,000/t ($564-571/t) for cash purchases amid less inquiries, whereas for bank guarantee offers remain stable at NPR 80,000-81,000/t ($601-609/t) ex-works. BF-route and EAF/IF-route WRC offers remain flat w-o-w at $560/t and $520-525 exw, respectively. However, a few deals have been heard,…