Tag: Nepal: Rebar market navigates pricing pressures amid weak demand

Price increases likely a corrective measure Further hikes expected amid power outages Nepal’s domestic rebar market is experiencing a substantial price surge, with cash guarantee offers ranging from NPR 89,000-91,000/t ($647-661/t) and bank guarantee offers at NPR 91,000-93,000/t ($661-676/t), despite sluggish demand and low trade activity. “The collective price hike implemented by Nepalese rebar manufacturers…